Vale SA announced Friday that it has declared force majeure for some iron ore delivery contracts due to heavy rains in the southwest part of the country. Flooding and landslides in the states of Minas Gerais and Espirito Santo have ...
Tags: Iron Ore Deliveries, Mineral
ArcelorMittal South Africa, a local unit of global steelmaking giant ArcelorMittal, and South Africa's largest iron ore producer Kumba Iron Ore have indicated that they plan to start arbitration over iron ore deliveries by the last quarter ...
Tags: Arcelormittal, Kumba, Ore Deliveries
As of March 4, the Xinhua-China Iron Ore Price Index for imported iron ore with 63.5 percent iron content was at 151 points, down five points week on week, as announced by China’s Xinhua News Agency. Meanwhile, the Xinhua-China Iron ...
Tags: Iron ore inventory, Iron ore, Iron Ore Price