On December 31, Hubei Province-based major Chinese steel producer Wuhan Iron and Steel Group (WISCO) announced that its Quebec, Canada-based iron ore mining joint venture, Bloom Lake Mine, achieved an annual profit of RMB 350 million ($56 ...
Tags: WISCO, iron ore mining, joint venture, Bloom Lake Mine, annual profit, 2012
On December 30, Shanxi Province-based Chinese steelmaker Taiyuan Iron and Steel (Group) Co. (TISCO) announced that construction started on its underground mining project at its Ekou iron ore mine in Shanxi on December 27. The total ...
Tags: TISCO, Ekou iron ore mine, Shanxi, December
Australian miner Sundance Resources has announced that it has been granted a mining permit by the Ministerial Council for the Republic of Congo to develop and mine the high grade Nabeba iron ore deposit. According to Sundance's statement, ...
Tags: Australia, Sundance Resources, mining permit, Nabeba iron ore deposit
Australia-based iron ore producer Gindalbie Metals Limited (Gindalbie) has announced that it has shipped the first magnetite concentrate cargo from its Karara iron ore project in Western Australia via Karara Export Terminal in Geraldton. It ...
The Indian Long Product Price Index ILPPI has gone up by 33 points last week whereas Indian Flat Products Index IFPPI has gone down by 38 points. The overall price index INDSPI remained stable. Class 21-Dec ...
Tags: India, Long Product Price, steel, steel market
As of December 28, total iron ore inventory at 30 major Chinese ports amounted to 73.14 million mt, down 670,000 mt week on week, constituting the ninth consecutive week-on-week decline, according to China’s National Bureau of ...
Tags: iron ore, Chinese ports, decline
Luxembourg-based global steelmaker ArcelorMittal has announced that its wholly owned subsidiary ArcelorMittal Mines Canada (AMMC) and a consortium led by South Korean steel producer POSCO and Taiwan's China Steel Corporation (CSC) will ...
Tags: ArcelorMittal, steelmaker, AMMC, steel
In order to conserve iron ore resources of the country for long term domestic value addition, export duty on all varieties of iron ore has been increased from 20% to 30% ad valorem with effect from December 30th 2012. Chrome is used in ...
Tags: iron ore resources, iron ore, steel manufacturing, chrome
According to China’s National Bureau of Statistics, total iron ore inventory at 30 major Chinese ports amounted to 73.14 million tonne, down by 670,000 tonne WoW, constituting the ninth consecutive WoW. Meanwhile, the total iron ore ...
Tags: China's National Bureau of Statistics, iron ore inventory, iron, China
As of December 28 this year, inventory of the main finished steel products (plate, hot rolled coil (HRC), cold rolled coil (CRC), rebar and wire rod) in 26 major steel markets in China totaled 11.88 million mt, up 107,000 mt compared to the ...
Tags: hot rolled coil, cold rolled coil, rebar, wire rod, China
In December last year, iron ore shipments from Australia's Port Hedland increased by 19.9 percent compared to November and were up 21.7 percent year on year, reaching 26 million metric tons, beating the previous monthly export record of ...
Tags: iron ore, Australia, Port Hedland, 2012
According to the statistics provided by Brazil's National Union of the Industry of Extraction of Iron and Base Metals in October this year Brazil's iron ore exports amounted to 26.9 million metric tonne,rising by 22.5%YoY and up three ...
According to Chinese newspaper Legal Daily,an iron ore project with annual output of 5 million tonne of iron ore,run by Chinese steelmaker Hebei Iron and Steel Mining Company,has been rejected by China's Ministry of Environmental ...
According to the State Statistics Committee of Russia, in the January to November period of this year Russian production of iron ore concentrate went up by 0.9%, while output of iron ore pellets increased by 1.6% compared to the same period ...
Tags: State Statistics Committee of Russia, production of iron ore
IMX Resources Limited in Australia announced that the Cairn Hill Mining Operation has completed loading of its 3 millionth tonne of ore.The loading took place in Port Adelaide,South Australia and the operation started loading in the ...
Tags: IMX Resources, Achieves 3 Million Tonnes Iron Ore Shipments