China's iron ore importers need to keep a close eye on the country's steel mills as they mull output cuts and shutdowns amid a year-end credit crunch, the China Iron and Steel Association said Thursday. Prices of iron ore derivatives ...
New rules to facilitate entry of bulk carriers at the nation's ports China is likely to import more iron ore from Companhia Vale do Rio Doce, the Brazilian mining giant, to bolster its raw material reserves, after the Ministry of ...
Price slumps in the global commodity market continued to allow China to spend less while importing more, helping China save on enormous import bills, latest customs data showed. In the first ten months of this year, China imported 252.6 ...
Tags: commodity market, crude oil
In August this year, exports of iron ore from Ukraine amounted to $246.369 million, while the value of Ukraine's iron ore imports totaled $11.762 million, according to Ukraine's Ministry of Revenue and Duties. The main importer of iron ore ...
Tags: Iron Ore, raw material
Chinese imports of iron ore in 2015 will increase from a record 900 million mt, an executive at Vale told media Thursday. According to Claudio Alves, global director of marketing and sales at the Brazilian mining company, the Asian ...
In June this year, Turkey's iron ore imports totaled 653,587 metric tons, increasing by 3.06 percent compared to May and down 21.63 percent year on year, while the value of these imports amounted to $87.54 million, up 12.37 percent month on ...
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
Turkish iron ore imports increased by 25% in the first quarter, on the back of higher blast furnace-based steel output and mills' restocking activity, according to statistics published this week. Data released by the Turkish Statistical ...
Tags: Iron Ore
In April this year, China imported 47 million mt of iron ore from Australia, up 45.8 percent year on year, accounting for 56.4 percent of China's total iron ore import volume of 83.39 million mt during the given month, as announced by the ...
Tags: Iron Ore, Iron Ore Imports
Speaking at SteelHome's 10th Steel Development Strategy Conference held in Shanghai over the weekend, Wu Wenzheng from SteelHome indicated that the overcapacity problem in China cannot be resolved in the short term, adding that many steel ...
In the first two months of this year, Turkey's scrap imports moved upwards, after decreasing 12 percent in 2013 compared to 2012, according to the report released by the Turkish Iron and Steel Producers' Association (TCUD). In the given ...
Tags: Scrap, Metallurgy, Mineral
China's iron ore import prices are likely to come under pressure in March, as the expected increase in domestic steel output is unlikely to offset the impact of persistent iron ore oversupply in China, the China Iron & Steel Association ...
Tags: Iron Ore, Steel Demand
According to a report by international credit rating agency Moody's, iron ore operations will support the profitability of vertically integrated CIS-based steelmakers, despite growing price risks on slowing demand from China and a supply ...
Tags: Steelmakers, Mineral
China imported a record 86.83 million mt of iron ore in January this year, up 21.29 million mt year on year and up 13.45 million mt month on month, according to the Chinese customs authorities. Average daily iron ore imports in January ...
Tags: Iron Ore Imports, Mineral
Stockpiles of imported iron ore at 25 major Chinese ports dropped slightly during the previous two weeks, which included the weeklong Spring Festival holiday, new data showed Tuesday. At the end of the Jan. 28 to Feb. 10 period, ...
Tags: Iron Ore, Stockpiles