As of August 4, inventory of iron ore at 33 major Chinese ports amounted to 110.99 million mt, down 0.88 million mt or 0.79 percent compared to the inventory level recorded on July 28, as announced by China's Xinhua News Agency on August 5. ...
Seaborne iron ore prices reversed losses Tuesday, as bullish expectations on Chinese economic performance provided stronger support for the steel raw material. Platts assessed the 62% Fe IODEX $0.75/dmt higher on day at $96/dmt CFR North ...
As of July 7, inventory of iron ore at 33 major Chinese ports amounted to 114.77 million mt, up 130,000 mt or 0.11 percent compared to the inventory level recorded on June 30, as announced by China's Xinhua News Agency on July 8. As of ...
Tags: Metallurgy, Mineral, Energy, Iron Ore
Prices of imported iron ore in China have continued to decline since the start of the summer, while domestic crude steel output is still at high levels amid increases in steel exports, though domestic demand for steel products has remained ...
Tags: Metallurgy, Mineral, Energy, Iron Ore
On June 13, the Indian industry body ASSOCHAM called on the Indian Minister for Commerce and Industry Nirmala Sitharaman and submitted a memorandum, strongly suggesting the imposition of a 30 percent export duty on iron ore pellets in the ...
Tags: Iron Ore Pellets, steel capacity
Scrap market activity remained sluggish in eastern China over the week with prices mainly holding steady and unlikely to gain any upward momentum in the short term as the outlook for the finished steel market remains pessimistic, market ...
Tags: Ferrous Scrap, Heavy Scrap
According to the short-range outlook report issued by IREPAS, the global association of producers and exporters of long steel products, demand has continued to improve in the global long steel products market, especially in the Americas and ...
Tags: Long Steel Markets, Healthy Demand
As of June 9, inventory of iron ore at 33 major Chinese ports amounted to 114.71 million mt, down 0.48 million mt or 0.42 percent compared to the inventory level recorded on June 2, as announced by China's Xinhua News Agency. As of the ...
Tags: Iron Ore, Chinese Ports
US-based multinational financial services corporation Morgan Stanley has reduced its iron ore price forecast for the current year, expecting a further decline in 2015 as well, since the seaborne supply growth has been faster than expected. ...
Tags: Iron Ore, Morgan Stanley
With a new government in power in India following last month's elections, Chinese iron ore importers are waiting to see if any policy changes will be forthcoming that could lead to a hike in their imports. India was China's third-largest ...
Tags: Metallurgy, Mineral, Energy, Iron Ore
Australian miner Rio Tinto CEO Sam Walsh has talked to Bloomberg TV about the price volatility in the iron ore market, expressing confidence that Rio Tinto will be able to survive the decline in iron ore prices since it is the world's ...
Australia's Atlas Iron in May made its first iron ore sale for delivery into India and is looking to add other Asian and European destinations, it said in a presentation Tuesday. China has been Atlas' traditional offtake market, with the ...
Tags: Iron Ore, Iron ore prices
According to the resources and energy major projects report issued by the Australian Bureau of Resources and Energy Economics (BREE), the value of committed investments stood at A$229 billion as of April this year, declining from its peak ...
Tags: Mining, raw materials
Import iron ore prices in China have undergone two rounds of declines so far in the current year, China's National Development and Reform Commission (NDRC) said in a statement issued on May 28. By March 10, import iron ore prices in China ...
Cleveland, Ohio-based Cliffs Natural Resources Inc. has announced that it is further reducing its expected 2014 capital spending range by approximately 25 percent, or $100 million, to $275-325 million. Cliffs indicated that the lower ...
Tags: Iron Ore, Natural Resources