Port Hedland in the iron ore-rich Pilbara region in Western Australia was shut down on January 22, due to tropical cyclone Peta which is expected to make landfall on Wednesday, January 23, slowing down iron ore shipments to the Far East. ...
Tags: Iron ore ports, Iron ore, Iron ore industry
The sharemarket rose yesterday, led by BHP Billiton after its first-half production report broadly met expectations. Australia's big four banks climbed on speculation that interest rates may drop further. The benchmark S&P/ASX 200 ...
Tags: sharemarket, BHP, banks
The Australian sharemarket closed higher after BHP Billiton's production report exceeded expectations and weak inflation figures drove up high-yielding stocks. At the close today, the benchmark S&P/ASX 200 index was up 8.7 points, or 0.18 ...
Tags: Stocks, inflation, sharemarket
In November 2012, iron ore production in Peru amounted to 539,103 long tons (547,753 mt), increasing 14.2 percent compared to the same month of the previous year and up strongly compared to 139,860 long tons (142,104 mt) recorded in October ...
It was assessed by SunSirs that in the tracked 100 spot commodities,26 commodities increased in prices, 28 fell and 45 remained unchanged on 21/01/2013.The largest rises were Hydrochloric acid (1.63%),Methanol (1.60%),Silver (1.09%),while ...
Tags: China, Spot Commodities Price, chemiclas
The sharemarket closed little changed yesterday, despite news from Japan that Australia's second-biggest trading partner was taking steps to spur growth in its long-stalled economy. The benchmark S&P/ASX 200 index closed up 1.6 points, or ...
Tags: Stocks, sharemarket, inflation target
The Australian sharemarket has closed flat as investors gave a muted response to the Bank of Japan's plan for a more expansionary 2 per cent inflation target. At 4.15pm AEDT today, the benchmark S&P/ASX 200 index was up 1.6 points, or ...
Tags: stocks, Australian sharemarket, share price
China’s Ministry of Commerce (MOC) has announced that during last week (January 14-20) the average finished steel price in China decreased by 0.1 percent compared to the previous week.In particular, in the given week prices of 10 mm ...
Sichuan Province-based Chinese company Chengyu Vanadium and Titanium Technology Co., Ltd, a subsidiary of Sichuan-based steelmaker Tranvic Group, has successfully carried out a hot run test on its new vanadium-titanium iron ore sintering ...
As of January 18, total iron ore inventory at 30 major Chinese ports amounted to 70.65 million mt, down 3.85 million mt week on week, according to China’s National Bureau of Statistics. Meanwhile, the total iron ore inventory on the ...
Tags: iron ore, China, metal industry
At the suggestion of the State-Owned Assets Supervision and Administration Commission of the State Council of China (SASAC), Chinese state-owned enterprise Sinochem Group, the country’s fourth-largest oil company, has started initial ...
Tags: oil, chemical fertilizers, oil industry
London-listed resources company Astra Resources has announced that it is negotiating the acquisition of up to three iron ore mines in the Keonjhar district of the Indian state of Orissa. Three iron ore mines have been identified to meet ...
Tags: Astra Resources, iron ore mines, iron ore
The Associated Chambers of Commerce and Industry of India (ASSOCHAM) has warned that reducing India's 30 percent export duty on iron ore will harm the domestic steel industry which is currently experiencing a structural deficit of iron ore ...
Tags: ASSOCHAM, iron ore, India, metal industry
Vale announced Monday that the Port of Kimitsu, in Japan, received a Valemax vessel for the first time on January 19. The Vale Brasil, which has a capacity to transport up to 400,000 metric tons of ore and is capable of reducing carbon ...
Tags: Vale, Port of Kimitsu, vessel
It's reported that China Steel Corp (CSC) in Taiwan announced that it would raise prices by an average of 3.08% on domestic products for March delivery, marking the company's highest price increase in more than a year. The main factors ...
Tags: China Steel Corp, Taiwan, steel market