Kumba final results for the year ended 31 December 2011.Record safety,exports,earnings and dividends. Commenting on the results,Kumba Iron Ore("Kumba")CEO Chris Griffith said:"Driven by export volume growth and a 26%increase in iron ...
Tags: Kumba final results, operating, saftey, marketoutlook
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
According to statistics released by Japan's Ministry of Finance,Japan's iron ore imports totaled 11.8 million metric tons in November this year,rising by 0.4 percent month on month and up 8.1 percent compared to November 2011. In the ...
Tags: Japan, Iron Ore Imports, Brazil, metal industry
According to the customs statistics provided by the Turkish Statistical Institute,in October this year Turkey's iron ore imports amounted to 728,940 metric tons,falling by 37.4%compared to the previous month,following three consecutive ...
Tags: Turkey, Iron Ore Imports, iron ore source, Brazil
Bloomberg reported that the cost of iron ore shipped to China exceeded the average price of locally mined supplies for the first time in 5 months, ending a price arbitrage that helped push November imports to the second biggest on record. ...
Tags: iron ore, steel making, steel, coal
Reuters reported that energy over metals, raw over refined, sums up the likely theme for China's commodity demand next year. Commodity markets had become accustomed to China as a voracious consumer of resources, but 2012 showed that ...
Tags: Commodities Market, Market Trend, Metallurgy, Mineral Energy
Sina Finance quoted Mr Zhu Jimin chairman of China Iron & Steel Association as saying that China offshore iron ore equities will rise to 150 million tonnes in 2015 from currently 60 million tonnes, reported on December 8th. According ...
Tags: iron, steel, offshore iron ore equity, China
In the January to October period of this year, the total cargo throughput of large and medium sized ports in China amounted to, up 6.7% YoY, as stated by He Jianzhong, spokesman for China’s Ministry of Transport. In particular, ...
Reuters reported that China's imports of both iron ore and crude oil were the second highest on record in November,providing encouraging signals on demand for commodities in the world's second largest economy. The strength in consumption ...
Reuters reported that Shanghai steel futures climbed more than 1%on Monday to their highest since October,after fresh data boosted optimism that China's economic recovery was gaining traction,boding well for demand for both steel and its ...
Tags: steel futures, economic recovery, industrial output, iron ore
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
People Daily Online reported that demand for steel in China is expected to rise 4.1% in 2013, as the nation's economic growth gets back on track. The 2013 China Steel Demand Forecast also predicted a decline in iron ore prices due to ...
Tags: 2013 China Steel Demand, demand for steel, Crude steel output
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