The downtrend of iron ore prices in the Chinese market is expected to continue in the third quarter this year, according to a report issued by Standard Chartered Bank on May 29. Due to earlier declines in iron ore prices than expected, ...
Australian stocks finished lower as investors sold off mining stocks due to weaker commodity prices. The benchmark S&P/ASX200 index was 38.3 points, or 0.78 per cent, lower at 4888.3 points, while the broader All Ordinaries index was 40.3 ...
Tags: Commodity Price, Rio Tinto, BHP Billiton
It was assessed by SunSirs that in the tracked 100 spot commodities,13 commodities increased in prices, 31 fell and 56 remained unchanged on 30/05/2013.The largest rises were Palm Oil (1.33%),Soybean meal (0.93%),DAP (0.55%),while the ...
Tags: Spot Commodities, Chemicals
Voestalpine, an Austrian international successful corporation has signed MOU with AHMSA who is the largest integrated steel plant in Mexico in extraction of coal and iron ore along with producing hot rolled coil, wide plate, cold rolled ...
Tags: HBI, steel, Construction&Decoration
Australian stocks are weaker at noon, hitting an eight-week low following a sharp drop in business investment. The benchmark S&P/ASX200 index dropped to its lowest point since April 5 after official figures showed a 4.7 per cent ...
Tags: Stocks, Investment
THE S&P/ASX200 has turned down 0.1 per cent to 4966.6, paring a 0.4 per cent rise that followed overseas gains on stronger US economic data. The reversal comes as investors react to higher US bond yields, a falling Australian dollar, and ...
China's coastal ports enable the transportation of coal, containers, imported iron ore, and grain; roll-on-roll-off operations between mainland and islands; and deep-water access to the sea. In port construction, China has especially ...
Tags: Chinese ports
The sharemarket was flat in mixed trading today, with resources companies down on the back of concern about China's economy, and banks and telecommunications mostly up on account of their high dividend yields. Citi upgraded its year-end ...
The sharemarket broke a five-day losing streak, as Japan's sharemarket stabilised and S&P500 futures pointed to modest gains on Wall Street. Resources stocks remained jittery after recent signs of weakness in China, while banks and ...
Tags: Stocks, sharemarket
Australia-based iron ore company Centaurus Metals Limited has announced that it will commission its flagship Jambreiro iron ore project in Brazil in mid-2014 instead of at the end of 2013 as originally planned. Centaurus said that it has ...
Tags: Iron Ore, Metallurgy, Mineral, Energy
According to a report released by the German Federal Statistical Office (Destatis), in April this year the import price of iron ore increased by 1.5 percent year on year in Germany, while it was up by 4.8 percent as compared to March this ...
Tags: Iron Ore, Metallurgy, Mineral, Energy
India-based Gujarat NRE Coke Ltd (GNCL) has announced its financial results for the fourth quarter and the full financial year ended March 31, registering a net profit of INR 51.5 million ($922,086) in the fourth quarter, compared to a net ...
Tags: Metallurgy, Mineral, Energy
As of May 28, inventory of iron ore at 25 major Chinese ports amounted to 74.15 million mt, indicating an increase of 1.66 million mt or 2.33 percent on week-on-week basis, as announced by China's Xinhua News Agency. As of the same date, ...
Tags: Iron Ore, Metallurgy, Mineral, Energy
According to the statistics provided by Brazil's National Union of the Industry of Extraction of Iron and Base Metals (Sinferbase), in April this year Brazil's iron ore exports amounted to 19.18 million metric tons, rising by 1.2 percent ...
On May 27, China's Ministry of Commerce (MOC) announced that during last week (May 20-26) the average steel price in China decreased by 0.4 percent week on week, declining at the same rate as recorded in the previous week. In particular, ...
Tags: Steel Price, China