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Shanghai, Dubai to Collaborate in Design Exchange

Mar 15, 2016

Dubai and Shanghai Monday agreed to collaborate in design knowledge exchange and increase inter-city relations. The agreement was made during UNESCO's (United Nations Educational, Scientific and Cultural Organization) Creative City ...

Tags: knowledge exchange, inter-city relations

India Fomento to Ship Its 1st Iron Ore Since Mining Ban Nov 5-15: Sources

Nov 4, 2015

West coast Indian miner Fomento Resources has offered a cargo of 57%-Fe iron ore fines material through a spot tender Thursday, making this the first iron ore shipment the miner will send out of Goa after the state's mining bans were ...

Tags: Fomento Resources, seaborne prices, Iron Ore

Fortescue's Iron Ore Shipments Remained Short of The Earlier Guidance of 127 Million Mt

Aug 12, 2014

Australian iron ore miner Fortescue Metals Group has announced that its iron ore shipments in the fourth quarter ending June 30 of the financial year 2013-14 totaled 38.7 million mt, increasing by 55 percent year on year and indicating a ...

Tags: Fortescue, iron ore, Metallurgy, Mineral

The Focus in The Chinese Spot Market Was Back on Domestic Thermal Coal Prices

Mar 18, 2014

The focus in the Chinese spot market was back on domestic thermal coal prices, which buckled in Asia trade and caused buying interest on cargoes of imported fuel to sink below $75/mt CFR South China in many cases, said market sources. ...

Tags: Buckles, Thermal Coal

Chinese Steel Market Sources Expressed Contentment at The Country's 85-86 Million Mt

Jan 8, 2014

Chinese steel market sources expressed contentment Monday at the country's 85-86 million mt of iron ore inventories at over 20 major Chinese sea ports at present, saying this will likely help steel mills to stabilize imported iron ore ...

Tags: Iron Ore, Mineral

A Third or More of All The Honey Is Likely to Have Been Smuggled in From China

Jan 6, 2014

A third or more of all the honey consumed in the U.S. is likely to have been smuggled in from China and may be tainted with illegal antibiotics and heavy metals. A Food Safety News investigation has documented that millions of pounds of ...

Tags: honey, Chinese honey, food safety

Rizhao Port Co. Plans to Launch a Joint Venture Company with Shandong Iron

Dec 31, 2013

Shandong Province-based Chinese port company Rizhao Port Co. plans to launch a joint venture company with local Chinese steelmaker Shandong Iron and Steel Group Co. and Shandong State-owned Assets Investment Holdings Co., with a registered ...

Tags: steel, metallurgy

Mexico's PMI Is Set to Export 1.4 Million Barrels of Fuel Oil in July

Jul 3, 2013

China has taken delivery of around 88,000 mt of Iranian LPG in June after a break of four months, as the Islamic republic extends exports to North Asia in its attempts to circumvent sanctions aimed at preventing it from exporting oil ...

Tags: Metallurgy, Mineral, Energy

China Has Taken Delivery of Around 88,000 Mt of Iranian LPG in June

Jun 28, 2013

China has taken delivery of around 88,000 mt of Iranian LPG in June after a break of four months, as the Islamic republic extends exports to North Asia in its attempts to circumvent sanctions aimed at preventing it from exporting oil ...

Tags: Iranian LPG, Chemicals

Valemax Has Entered an Eastern Chinese Port to Unload a Cargo of Iron Ore

Apr 19, 2013

Brazil-based miner Vale's giant iron ore vessel Valemax has entered an eastern Chinese port to unload a cargo of iron ore, according to media reports, though it is not clear if the ban on Vale's mega iron ore vessels imposed by China has ...

Tags: Valemax Ore Vessel, Chinese Port

Chinese End-Users Switched to Concluding Term Contract Deals

Jan 14, 2013

Chinese end-users have switched to concluding term contract deals and lessened their spot buying with the approach of China's Lunar New Year festivities in mid-February, as spot prices for south China stayed rangebound in Thursday's trading ...

Tags: Chinese, China Lunar New Year, coal, Australian

Iron Ore Swaps Rose Almost Threefold to a Record This Year

Jan 6, 2013

Bloomberg reported that trading in iron ore swaps, used to bet or hedge on the future cost of the steelmaking commodity, rose almost threefold to a record this year as prices slumped to the lowest in nearly three years before rebounding. ...

Tags: iron ore, steelmaking commodity, future cost, SGX AsiaClear

China Will Scrap an Export Duty of 40%

Dec 19, 2012

Reuters,citing an official with the Ministry of Finance,reported that China will scrap an export duty of 40%on metallurgical coke from next year,in a move that could spark a surge in Chinese exports and threaten regional vendors. China's ...

Tags: export duty, China, metallurgical coke

Australia Raised Its Price Forecast for Next Year on Expectation

Dec 14, 2012

Bloomberg reported that cthat infrastructure projects and stimulus spending by China, the world’s biggest buyer, will boost demand. The Canberra based Bureau of Resources and Energy Economics said that prices will average USD 106 a ...

Tags: Australia, price, nfrastructure project, energy economics

Iron Ore Shipments From Australia Advanced to a Record in October

Dec 14, 2012

Bloomberg reported that iron ore shipments from Australia advanced to a record in October as a strengthening Chinese economy boosted demand. According to government data compiled, exports gained 7.6% from September to 44.2 million metric ...

Tags: iron ore, industrial output, exports, Steel

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