The Australian sharemarket had its strongest day in almost two weeks yesterday, outstripping minor gains on Wall Street as strength in healthcare stocks, banks, telecommunications and consumer discretionary companies offset a drop among ...
Tags: Australia, sharemarket, Wall Street
According to the State Statistics Committee of Russia (Russtat), in the January-November period of last year Russia's exports of iron ore decreased by 4.2 percent year on year to 23.129 million mt, worth a total of $2.3 billion, down 18.8 ...
According to the data released by France's National Institute of Statistics and Economic Studies (INSEE), in December last year the prices of imported iron ore in France increased 7.1 percent month on month, following the 5.6 percent ...
China’s Ministry of Commerce (MOC) has announced that during last week (January 7-13) the average steel price in China increased by 0.4 percent compared to the previous week.In particular, in the given week prices of 3 mm hot rolled ...
Tags: MOC, average price, steel, China
The Laker Carriers' Association (LCA) reported Tuesday that shipments of iron ore on the Great Lakes totaled 61.6 million tons in 2012, a slight improvement over 2011. The increase, 245,000 tons, is equal to about four cargos in a ...
Tags: LCA, iron ore, Great Lakes
Australia-based miner Flinders Mines has announced that it has received the key environmental approvals for its Pilbara iron ore project in Western Australia. Flinders will continue to work on making progress on the remaining approvals ...
Tags: mining, Flinders Mines, iron ore project
The Australian sharemarket closed marginally lower after investors decided to reap their profits later in the day. At the close today, the benchmark S&P/ASX 200 index was down 3.1 points, or 0.07 per cent at 4716.6, while the broader All ...
Tags: Australian sharemarket, investment, economy
The Australian sharemarket limped to a flat close after a dovish speech from Federal Reserve chairman Ben Bernanke and a strong production report from Rio Tinto failed to dissuade investors from taking profits following strong gains in ...
Tags: Australian sharemarket, Rio Tinto, economy
The Australian dollar was little changed yesterday in Asian trading, in a muted response to remarks from US Federal Reserve chairman Ben Bernanke that the world's largest economy still had quite a way to go towards recovery, despite recent ...
It was assessed by SunSirs that in the tracked 100 spot commodities,20 commodities increased in prices, 32 fell and 47 remained unchanged on 14/01/2013.The largest rises were Hydrochloric acid (3.58%),PC (1.48%),Urea (1.44%),while the ...
Tags: China, Commodities Price, Chemicals
Australian shares rose slightly yesterday as global equity markets remained supported by tentative signs of improvement in China's economy. Fund managers tipped continued yield-based demand for Australian equities in particular, although ...
Tags: China, shares, global equity markets, economy
As of January 11, total iron ore inventory at 30 major Chinese ports amounted to 74.5 million mt, down 240,000 mt week on week, according to China’s National Bureau of Statistics. Meanwhile, the total iron ore inventory on the given ...
Tags: iron ore inventory, Chinese ports, January
According to the market outlook released by IREPAS, the global association of producers and exporters of long steel products, business slowed down due to the holiday period in many long steel markets worldwide, but the balance of supply and ...
Tags: IREPAS, long steel products, steel markets
In third quarter ending December 31 of the fiscal year 2012-13, Indian steelmaker JSW Steel Ltd’s crude steel production increased by eight percent compared to the corresponding period of the previous fiscal year. JSW produced 2.09 ...
Tags: JSW, third quarter, crude steel
As of January 11, inventory of the main finished steel products (plate, hot rolled coil (HRC), cold rolled coil (CRC), rebar and wire rod) in major steel markets in China totaled 14.017 million mt, up 388,000 mt compared to the previous ...
Tags: steel inventory, steel products, steel