China will stabilize its property market this year, with tailored, market-based policies to guide "stable and healthy development," according to the government work report delivered by Premier Li Keqiang Thursday.[Special coverage] ...
New rules to facilitate entry of bulk carriers at the nation's ports China is likely to import more iron ore from Companhia Vale do Rio Doce, the Brazilian mining giant, to bolster its raw material reserves, after the Ministry of ...
Prices of raw materials such as iron ore, coal, crude oil and refined oil have been hitting record low prices on the global market, but import volumes into China. Although the trade balance has continued to be in excess of exports over ...
Tags: Commodity Imports, raw materials
December is normally associated with celebrating achievements and chalking out action plans for the year ahead. But for Andrew Mackenzie, the chief executive officer of mining giant BHP Billiton Ltd, December was the culmination of an ...
Tags: BHP Billiton, Miner
Shanghai Futures Exchange (SHFE) copper prices climbed on Wednesday, the last trading day of 2014. The market closed on January 1 and 2 due to the New Year holidays. The most-traded copper contract for March delivery on the SHFE ended at ...
Tags: Copper Prices, Copper
Australian miner Sundance Resources has announced that it has undertaken a number of cost reduction measures to ensure the management of its cash position while retaining the ability to move its Mbalam-Nabeba iron ore project into ...
Tags: cash position, Metallurgy
Because of the slowdown of real estate and less investment in infrastructure construction, China’s steel and iron demand will show a slight growth in 2015. According to the report by China Metallurgical Industry Planning and Research ...
The analyst presentation that De Beers published this week on behalf of Anglo American was as revealing as the company’s much publicized Diamond Insight Report. Whether this was a once-off publication or not, the presentation was ...
Although dwindling domestic demand and excess capacity have shrunk profit margins for most Chinese steelmakers, it has inspired some to tap overseas markets for sustained, long-term growth. Hebei Iron &Steel Co, China's second-largest ...
Tags: Chinese Steelmakers, Iron, Steel
Price slumps in the global commodity market continued to allow China to spend less while importing more, helping China save on enormous import bills, latest customs data showed. In the first ten months of this year, China imported 252.6 ...
Tags: commodity market, crude oil
Ukrainian mining and steel producing group Metinvest has announced its results for the third quarter and the first nine months of the current year. According to its results, Metinvest's crude steel production decreased by 42 percent to ...
Tags: mining, crude steel
At the Bureau of International Recycling (BIR) Autumn Convention held on 27-28 October in Paris, concerns have emerged regarding a matter which only a few market players have considered with due attention so far, i.e., the volumes of steel ...
Tags: BIR, Convention, Energy
Major Indian steelmaker JSW Steel (JSW) has announced its financial and operational results for the first half ended September 30 of the financial year 2014-15, posting a net profit of INR 15.6 billion ($254.4 million), compared to a net ...
UK-based mining giant Anglo American Corporation has announced that its first cargo of more than 80,000 mt of iron ore from its Minas-Rio iron ore project in Brazil has left the export terminal at the port of Au in Rio de Janeiro and is ...
Tags: Anglo American, Iron Ore, Energy
Xinchuang Li, deputy secretary general of the China Iron and Steel Association (CISA), has stated at China Mining 2014 held in Tianjin that China's demand for imported iron ore will indicate slower growth, but will remain strong. The CISA ...