Iron ore stocks on the ASX have been buoyed by the recent increase in the price of the commodity,which reached its highest level since July.The broader Australian market made small gains across the day as investor sentiment rose on ongoing ...
Iron ore price hurtled on Monday by an impressive 3% touching USD 130 per tonne marking the biggest daily gain in two months, Led by strong anticipation of inventory pile up by steel mills as the recharged industry with strongest PMI of ...
Tags: Iron Ore, Construction, Gala Time
SteelHome Iron Ore Price Index closed at 156.01 points December 17th,up 1.87 points from the previous trading day. To be specific,domestic iron ore price index came at 139.15 points,up 1.35 point or CNY 9.0 from the last trading ...
Tags: Iron Ore, Price Index, China
During the SteelOrbis fall 2012 conference&67th IREPAS meeting held in Munich on September 30-October 2,Peter Marcus from World Steel Dynamics(WSD)has assessed the current situation in the world steel industry and provided an outlook for ...
Tags: SteelOrbis, 67th IREPAS meeting, Munich, WSD
The inevitable came to the fore with the iron ore price losing 1%. Over a week long silence was broken on expected lines. Mills withdrew from buying remaining contended with need based buying from stocks. Tenders continued at lower levels ...
Tags: iron ore price news, steel scrap price, stainless steel
AAP reported that shares in Sundance Resources are expected come under downwards pressure when they resume trading, as the prospect of a takeover deal with Hanlong Mining appears even more remote. Sundance shares were placed in a trading ...
Tags: iron ore price news, stock market news, sundance fest, iron
Mr Li Xinchuang deputy secretary general of China Iron & Steel Association said that China Iron & Steel Association encourages home steel mills to continue to invest in offshore iron ore resources in a downturn. Mr Li said that the ...
Tags: Steel, China Iron
Iron ore market remained affirmative as the mills plunged in buying. Encouraging economic indicators trickling in economy is poised for break after the winter recess. Better than expected industrial output PMI HSBC data in November ...
Mr Bill Hooley CEO of Anglesey Mining explains that the drop in the iron ore price impacted the business but that prices have now rebounded from the August September lows and things are now much improved at the Canadian operations. Mr ...
Tags: Zinc Markets, Mining, iron ore
ABC News reported that iron ore miner Grange Resources remains committed to its multi billion dollar Southdown magnetite project on WA's South Coast, despite announcing major job and expenditure cuts. Grange Resources said that its ...
Tags: Grange Resources, magnetite, iron ore
The Australian reported that construction of a new rail line through Western Australia's resource rich Pilbara region could drive down iron ore prices and force out of business the very mines the network would unlock, an exhaustive analysis ...
Tags: Pilbara, iron ore, BHP Billiton
AAP reported that iron ore miner Fortescue Metals has sought to reassure shareholders that the economic credentials of its biggest customer, China, remain sound following the country's recent leadership transition. Mr Nev Power CEO of ...
Tags: iron ore, Fortescue Metals, iron ore miner
China Knowledge reported that Wuhan Iron & Steel Co said that it plans to raise not more than CNY 15 billion through a rights issue. In a statement, the Shanghai-listed firm said it intends to issue no more than 4.2 billion A shares and ...
Tags: listed firm, rights issue, mineral resource, acquire
According to The Australian, Mr Andrew Forrest chairman of Fortescue Metals Group Ltd chairman has begun charting a path to recovery for the company after it put a series of projects on hold three months ago due to sharply declining ...
Tags: FMG, Fortescue Metals Group, iron ore price, iron ore
1. Stainless steel tube processing enterprises rely on outside foreign raw materials, in the situation of the stainless steel pipe production soared, the material source is very nervous, iron ore price rising increase the cost of stainless ...
Tags: market view, stainless steel pipe, china