As of November 11, inventory of iron ore at 25 major Chinese ports amounted to 77.402 million mt, indicating a decrease of 418,000 mt or 0.54 percent week on week, as announced by China's Xinhua News Agency on November 12. As of the same ...
Tags: Iron Ore, Chinese Ports
UK-based London Mining, a global diversified miner targeting the steel sector, has announced its operational results for the third quarter of 2013, reporting a total sales volume of 890,000 wet mt of iron ore concentrate, compared to ...
On November 12, China's Ministry of Commerce (MOC) announced that during last week (Nov. 4-10), the overall average finished steel price in China indicated a slight increase of 0.3 percent week on week. In the given week, average prices ...
Tags: Finished Steel, Mineral
Rio Tinto and Chinalco will explore a partnership to bring forward the next era of mining technology aimed at delivering significant value and re-shaping industry best practice. Rio Tinto chief executive Sam Walsh and Chinalco president ...
Tags: Rio Tinto, Chinalco, technology, partnership
China's iron ore price will continue to drop in the fourth quarter of this year amid a fall in demand, according to new analysis. Demand has usually shrunk in the fourth quarter every year, especially in north China, and the corresponding ...
On November 11, the China Iron and Steel Association (CISA) announced that in October this year China's Ministry of Commerce issued iron ore import licenses for a total of 85.746 million mt, valued at $10.911 billion. Meanwhile, in the ...
LKAB (Luossavaara-Kiirunavaara AB), the Swedish state-owned mining enterprise, has selected the CRedit360 sustainability data management system to monitor a wide range of environmental indicators. LKAB has introduced 'green pellets' of ...
Tags: Green Mining, Mineral
ArcelorMittal announces today that its 51% subsidiary, ArcelorMittal South Africa, has reached an agreement with Sishen Iron Ore Company Ltd (SIOC), a subsidiary of Kumba, relating to the long-term supply of iron ore. The agreement, which ...
Tags: ArcelorMittal, Iron Ore
Capesize iron ore freight rates on established Pacific routes from Brazil, Western Australia and South Africa came under pressure Thursday. Charterers' rates and some offer prices fell from the previous day, which market participants ...
Tags: Iron Ore, freight rates
New analysis has showed China's iron ore price will continue to drop in the fourth quarter of this year amid a fall in demand. Demand has usually shrunk in the fourth quarter every year, especially in north China, and the corresponding ...
Tags: Iron Ore Price
London Mining (LM) saw a considerable year-on-year increase of 250% in third-quarter iron ore concentrate output from its Marampa mine in Sierra Leone to 948,000 wet mt, according to the company's production report. However, compared with ...
Tags: London Mining, Mineral, iron ore
Brazil's iron ore export volume amounted to 32.52 million mt in October this year, increasing 12 percent compared to September and down 0.4 percent compared to the same month of 2012, according to the information released by the Brazilian ...
The China Iron and Steel Association (CISA) has stated that in the January-September period of the current year the total gross profits of large and medium-sized steel enterprises in China totaled RMB 11.3 billion ($1.85 billion), with a ...
Tags: CISA, steelmaker, gross profits
Mechel, one of the leading Russian mining and steel groups, has announced that in the third quarter this year its crude steel output decreased by 12 percent to 1.098 million mt, while its pig iron output declined by 11 percent to 913,000 ...
Tags: Mechel, crude steel, output, compare
According to the preliminary data released by Statistics South Africa, in September this year the seasonally adjusted index of iron ore mining production in South?Africa decreased by 5.2 percent, while the country's manganese ore production ...