Chang Zhenming, chairman of Hong Kong-based conglomerate CITIC Pacific, has stated at China's 12th National People's Congress (NPC), that the company's Sino Iron project in Western Australia will probably achieve an annual output of 5 ...
Tags: CITIC Pacific, Sino Iron project, economy
THE Australian sharemarket closed higher, boosted by mining stocks after the release of a bumper trade report in China. IG Markets analyst Stan Shamu said the local bourse narrowly missed posting a fresh four-year high, despite a late ...
The benchmark S&P/ASX 200 closed down 0.2 per cent at 5109.2 after hitting a 4 1/2-year high of 5135.7 in early trading. Share trading value worth $5.2 billion slipped just below the 20-day moving average of $5.3bn. Asian markets were ...
Tags: benchmark, economic data, finance
Hebei Province-based Chinese steelmaker Hebei Iron and Steel Group has announced that its Yanshan iron ore mine produced 263,700 mt of iron ore concentrate in the January-February period of the current year, exceeding the target for the ...
Tags: Iron Ore Concentrate, steelmaker, China
On March 8, Sichuan Province-based Chinese miner Panzhihua Iron and Steel Mining Company (Pangang Mining Co.), a subsidiary of Pangang Group, announced that in the January-February period of the current year it produced 1.9721 million mt of ...
Tags: Iron Ore, Mineral, Panzhihua Iron and Steel Mining Company
In Febuary of the current year, iron ore shipments from Australia's Port Hedland decreased by 9.9 percent compared to January and were up 1.65 percent year on year, totaling 20 million metric tons. According to the information released by ...
China's National Development and Reform Commission (NDRC) has suggested that the global miners have been manipulating the iron ore market by holding back cargos, artificially creating a supply shortage in the market, according to media ...
Tags: iron ore miners, iron ore, iron ore market
Brazil's iron ore export volume amounted to 20.7 million mt in February this year, decreasing 16.2 percent compared to January and down by 8.7 percent compared to the same month of 2012, according to the preliminary information released by ...
Tags: Iron Ore Exports, Iron Ore, Iron, Ore
The local sharemarket rose to a 4 1/2-year high yesterday as the economic outlook for the US and China brightened and eurozone worries eased, with National Australia Bank spiking higher on reports of a cost-cutting plan. The benchmark ...
Tags: sharemarket, benchmark, shares traded
It's reported that steel rebar futures at Shagnhai Futures Exchange (SHFE) fell for a second day to the lowest level in more than six weeks on nine consecutive weeks of climbing inventories in China, showing a sign of oversupply in the ...
Tags: Steel rebar, Steel.rebar
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
In February this year, Pangang Baima Mining, a subsidiary of Sichuan Province-based Chinese steelmaker Panzhihua Iron and Steel Group (Pangang Group), produced 363,099 mt of iron ore concentrate, equivalent to 104 percent of the target ...
International commodities trader Glencore International plc (Glencore) has announced its financial results for 2012, stating that 2012 was characterized by lower prices across all base metals, though volumes remained strong and this enabled ...
Tags: iron ore sales, iron ore, minerals
Australian miner Flinders Mines Limited has announced that it has signed a binding memorandum of understanding with four Chinese steel mills, allowing the steelmakers to evaluate whether the iron ore from Flinders' Pilbara iron ore project ...
Tags: miner, steel mills, steel
Global steelmaker ArcelorMittal has announced the approval by its board of directors of phase two of the company's mining operations in Liberia. The second phase of the project will bring the annual capacity of the iron ore mine from 4 ...
Tags: iron ore project, iron ore, steelmaker