Bloomberg quoted Clarkson Plc, the world's largest shipbroker, saying that Australia is poised to overtake Brazil as a source of demand growth for ships as the nation's iron ore supply to China expands faster than the Latin American ...
Tags: shipbroker, Clarkson Plc, Australia, iron ore, steel
Business Standard reported that JSW Steel Limited is likely to take further cuts in steel production if the iron ore supply situation does not improve in the next one month. As per report,JSW is currently working with an inventory ...
Tags: JSW Steel, Iron Ore, Production
Reuters reported that shares of ArcelorMittal South Africa jump almost 5% as a turnaround in Chinese demand bolsters iron ore and steel prices. A steep drop in steel inventories held by Chinese traders may trigger a stronger price ...
Tags: ArcelorMittal, shares, jump, demand bolsters, iron ore, steel
Mr Wang Jianjun deputy director general of Department of Foreign Capital and Overseas Investment under NDRC at an industry forum on December 8th said that China's decision making body National Development and Reform Commission is working ...
Tags: offshore iron ore, investments, Simandou iron ore project, West Africa
BR reported that PSM spokesman clarifies that all purchases from the first tranche of bailout package are according to the ECC & CCOR instructions and procurement of two ships of coal does not create any mismatched spending as the ...
Tags: bailout package, Purchases, iron ore
Reportedly,the new appointment of chief financial officer of ArcelorMittal is expected to lead to large scale restructuring.Arcelormittal announced that Matthias Wellhausen would replace Rudolph Torlage,effective on January 2,2013 to run ...
Record export sales and revenue in an increasingly challenging market Commenting on the results,Kumba Iron Ore Limited's("Kumba")CEO Chris Griffith said: "Kumba's solid focus on operations and strategy has delivered another strong set ...
Tags: Kumba, Iron Ore, mine produce, mining