As of March 4, the Xinhua-China Iron Ore Price Index for imported iron ore with 63.5 percent iron content was at 151 points, down five points week on week, as announced by China’s Xinhua News Agency. Meanwhile, the Xinhua-China Iron ...
Tags: Iron ore inventory, Iron ore, Iron Ore Price
According to the data released by China’s National Development and Reform Commission, in the January to October period of this year the aggregate gross profit of the Chinese iron and steel industry amounted to CNY 113.1 billion (USD ...
Tags: iron, steel industry, China, statistics
While stock and bond traders fretted over the US fiscal cliff and its potential impact on broader markets earlier this week, Chinese iron ore buyers were unconcerned, continuing to push the price of Australia's biggest export higher on the ...
According to statistics released by China’s National Development and Reform Commission (NDRC), the country’s iron and steel industry realized gross profits of RMB113.1 billion in the first 10 months of this year, slumping by ...
Tags: China, NDRC, iron, steel, gross profits
In a report out this week Norwegian analysts at Arctic Securities suggest Chinese iron ore imports are set to spike.The news comes as iron ore inventories at Chinese ports stand at their lowest for more than two years. According to ...
Tags: iron ore, AID, Arctic Securities, China
In the January-October period of this year the aggregate gross profit of the Chinese iron and steel industry amounted to RMB 113.1 billion($18.1 billion),decreasing by 48.3 percent year on year,according to the data released by China's ...
Tags: NDRC, Chinese steel industry, steel smelting, processing sector
Mainstream prices of Chinese iron ore average CNY 886 per metric tonne December 17th,up CNY 1 from the previous day.Mainstream market prices rose in Hebei but stabilized in other markets.we expect Chinese iron ore market to see some rises ...
As announced by China's National Bureau of Statistics, total iron ore inventory at thirty major ports in China amounted to 77.83 million tonne, declining by 2.83 million tonne WoW, the 6 consecutive WoW decrease and down 19.07 million tonne ...
Tags: Iron, Metallurgy
According to the CBMX data, China's iron ore spot transaction platform run by the China Beijing International Mining Exchange recorded 11 offers of a total of 650,000 million tonne of iron, with the conclusion of one deal. No deal had been ...
Tags: iron ore price news, steel scrap price, buy steel pipe, metal 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
BIMCO's latest forecasts for dry bulk prospects next year suggests China's hunger for iron ore and coal will be stronger. BIMCO's chief shipping analyst Mr Peter Sand said that "As we are heading into 2013, iron ore demand from the ...
Tags: BIMCO, dry bulk prospects, iron ore, coal, steel
Bloomberg reported that iron ore inventories in China,the biggest user of the steelmaking ingredient,dropped to the lowest levels in 2 years as higher demand pushed up prices. According to weekly data from researcher Beijing Antaike ...
According to the China Metallurgical Industrial Planning and Research Institute, in 2013, China's pig iron output and iron ore demand are foreseen to total 694 million tonne and 1.11 billion tonne respectively, compared to the respective ...
Tags: iron ore, CMIPRI, crude steel