China exported 8.07 million mt of finished steel in May this year, up 7.03 percent month on month, while it exported 33.94 million mt of finished steel in the January-May period of the year, rising by 33.6 percent year on year, according to ...
Tags: Finished Steel, iron ore
Swiss-headquartered resources company Ferrexpo, which controls the Poltava GOK and Yeristovsky GOK iron ore mines in Ukraine, has announced that in the January-May period of the current year its overall iron ore pellet production increased ...
According to the short-range outlook report issued by IREPAS, the global association of producers and exporters of long steel products, demand has continued to improve in the global long steel products market, especially in the Americas and ...
Tags: Long Steel Markets, Healthy Demand
As of June 9, inventory of iron ore at 33 major Chinese ports amounted to 114.71 million mt, down 0.48 million mt or 0.42 percent compared to the inventory level recorded on June 2, as announced by China's Xinhua News Agency. As of the ...
Tags: Iron Ore, Chinese Ports
According to official data, the Mexican government has stopped the export of about 300,000 tons of iron ore (totaling US$30 million) since March from four ships: one containing 68,000 tons, two ships with 100,000 tons each, and a fourth ...
Tags: Iron Ore Ships, iron ore
In a statement released at the conclusion of its mission to Guinea, the International Monetary Fund (IMF) has said that the Simandou iron ore project of Australia-based miner Rio Tinto will contribute to a gradual pick-up in Guinea's mining ...
Tags: Mining Industry, miner
According to a report Monday from the Lake Carriers’ Association, iron ore shipments on the Great Lakes totaled 6.4 million tons in May, a virtual repeat of a year ago. The total would have been about 600,000 tons more, but three ...
Tags: Iron Ore Shipments, Great Lakes
In July this year, Ukraine's crude steel production is expected to increase by 2.9 percent compared to the expected June result to 2.52 million mt, according to the Ukrainian association of metal producers Metallurgprom. According to ...
Tags: Steel Output, crude steel
In 2013, the world's direct reduction iron (DRI) output increased by two million tons or 2.8 percent year on year to a record 75.2 million tons, even though two key producing countries, India and Venezuela, saw significant declines in ...
Tags: DRI Capacity, Steel
Australia-based miner Mineral Resources has announced that it has acquired a 12.78 percent stake in Australia's Aquila Resources Limited, buying more than 52 million shares in the company. Mineral Resources stated that it has the financial ...
Tags: Mineral Resources, miner
US-based multinational financial services corporation Morgan Stanley has reduced its iron ore price forecast for the current year, expecting a further decline in 2015 as well, since the seaborne supply growth has been faster than expected. ...
Tags: Iron Ore, Morgan Stanley
The outlook for pig iron exports from the Commonwealth of Independent States has been hurt by continued weakness in iron ore pricing, bearish scrap sentiment and Ramadan-related slowdown in Turkish demand, local sources said Friday. ...
Tags: Pig Iron, Ramadan-related slowdown
Spot prices of iron ore for export from Iran continued to fall because of low demand from China, industry sources said Sunday. Prices for 61-62% Fe magnetite fines slipped by $2/dry mt in the last week to $57/dmt FOB Bandar Abbas, south ...
Tags: Iron Ore, Chinese Demand
With a new government in power in India following last month's elections, Chinese iron ore importers are waiting to see if any policy changes will be forthcoming that could lead to a hike in their imports. India was China's third-largest ...
Tags: Metallurgy, Mineral, Energy, Iron Ore
Evraz UGOK (Southern Ore Mining and Processing Enterprise), a subsidiary of Russian mining and steel producing company Evraz Group, has announced that in May this year its iron ore concentrate production increased by 8.8 percent year on ...
Tags: Metallurgy, Mineral, Energy, Steel