China's Bohai Commodity Exchange, a local government-backed online trading platform for spot commodities, plans to launch cross-border trading in yuan for natural rubber and iron ore. It announced the plans in Hong Kong Tuesday during a ...
Tags: Bohai Exchange, Tianjin, iron ore
Iron is a widely used material. In residential houses as well as in the commercial houses, the use of iron can be seen greatly. Nowadays, the demand of iron and steel products has accelerated visibly. Though iron ore is the main raw ...
Tags: Iron, Metallurgy, Mineral
South Africa-based Kumba Iron Ore has announced that it expects its full-year earnings for 2013 to increase by 20 percent compared to the previous year, supported by an increase in export iron ore prices and a weaker exchange rate, ...
Tags: Iron Ore, Metallurgy, Mineral
According to a report released Tuesday from the Lake Carriers' Association, US-flag Great Lakes freighters (lakers) carried 8.7 million tons of dry-bulk cargo in November, a decrease of 4.7 percent compared to a year ago. The total was also ...
In 2013, Australia's exports of metallurgical coal are expected to increase by an estimated 12 percent to 162 million metric tons, according to a report by the Australian Bureau of Resources and Energy Economics (BREE). In 2014, increased ...
Tags: iron, metallurgy, coal
As of December 16, inventory of iron ore at 25 major Chinese ports amounted to 83.844 million mt, indicating a decrease of 975,000 mt or 1.15 percent week on week, as announced by China's Xinhua News Agency . As of the same date, the ...
Tags: iron, metallurgy
China's economy is finally rebounding from its deepest slump since the 2008 global crisis but the shaky recovery could be vulnerable to a new downturn in global trade. Growth rose to 7.9 percent in the three months ending in December, up ...
According to South Africa-based Kumba Iron Ore, subsidiary of Anglo American, South Africa's constitutional court has ruled that only Kumba Iron Ore can apply for the remaining 21.4 percent mining right in Sishen iron ore mine. Kumba, ...
Tags: Iron Ore, Metallurgy, Mineral
Metals are utilized to manufacture a range of commodities. It is highly valuable for its versatile use. So, it is very important to conserve this precious resource of earth as much as possible to maintain sustainable development of ...
In the January-November period of this year, Ukraine's iron ore exports rose by nine percent year on year to 34.7 million metric tons, according to the Ukrainian association of metal producers Metallurgprom. Exports of iron ore from Ukraine ...
Tags: iron, metallurgy
International credit ratings agency Fitch Ratings has affirmed Luxembourg-based global steel giant ArcelorMittal's rating at 'BB+', with the outlook being stable. Fitch stated that the credit rating affirmation and the stable outlook ...
Tags: steel, metallurgy
China Steel Corp. (CSC), the largest carbon steelmaker in Taiwan is going to release it list price for electric furnace (EF) Al-killed wire rods for next January. Industry sources said that CSC might remain its list prices for EF ...
Tags: CSC, carbon steelmaker, EF Al-killed wire rods, price
Chinese steelmakers' profits will remain low next year as output remains high and demand growth slows, said industry experts. The ratings agency Moody's Investors Service said on Wednesday that its outlook for the Asian steel and coal ...
Tags: Steel Sector, steel capacity
Reportedly, the Brazilian mining giant Vale is planning to reduce costs and decrease capital spending by selling its minority interest of a 26.9% stake in its business of steel, coal and fertilizer in CSA Plant. The Plant is majority-owned ...
Tags: steel, Metallurgy, Mineral
China's Ministry of Commerce (MOC) has announced that during last week (December 2-8) the overall average finished steel price in China increased by 0.1 percent week on week. In the given week, the average prices of 500 mm x 200 mm ...
Tags: Finished Steel, Metallurgy