Iron Ore Supply articles & resources on Made-in-China.com

JSW Steel Imports 10 Million Mt of Iron Ore This Year to Prevent Severe Shortages in India

Sep 25, 2014

Indian steelmaker JSW Steel's joint managing director Seshagiri Rao has told CNBC TV18 that JSW Steel will import 10 million mt of iron ore this year, rising from the planned 6 million mt, "after having seen severe shortages in India and ...

Tags: JSW Steel, Iron Ore

BHP Billiton Has Announced Its Financial Results for The Year Ended June 30 This Year

Aug 21, 2014

Australian mining company BHP Billiton has announced its financial results for the year ended June 30 this year. According to the company's financial statement, BHP Billiton has posted a net profit of US$13.83 billion for the financial ...

Tags: BHP Billiton, Financial Results, Energy

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

Inventory of Iron Ore at 33 Major Chinese Ports Amounted to 113.72 Million Mt

Aug 12, 2014

As of July 14, inventory of iron ore at 33 major Chinese ports amounted to 113.72 million mt, down 1.05 million mt or 0.91 percent compared to the inventory level recorded on July 7, as announced by China's Xinhua News Agency on July 15. ...

Tags: China, Iron Ore, Metallurgy, Mineral

Fortescue Registered 13.3 Million Mt of Iron Ore Shipments

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 54.8 percent year on year. In June alone, ...

Tags: Australian, Fortescue Metals Group, Metallurgy, Mineral

The Indian Government Is Considering Urging Indian State-Owned Miner NMDC

Jun 4, 2014

The Indian government is considering urging Indian state-owned miner National Mineral Development Corporation (NMDC) to halt exports in response to demand from local steel mills facing a shortage of raw materials, a senior government ...

Tags: Iron Ore, iron ore miner

Cleveland Is Further Reducing Its Expected 2014 Capital Spending Range

May 29, 2014

Cleveland, Ohio-based Cliffs Natural Resources Inc. has announced that it is further reducing its expected 2014 capital spending range by approximately 25 percent, or $100 million, to $275-325 million. Cliffs indicated that the lower ...

Tags: Iron Ore, Natural Resources

Inventory of Iron Ore at 33 Major Chinese Ports Amounted to 114.82 Million mt

May 28, 2014

As of May 26, inventory of iron ore at 33 major Chinese ports amounted to 114.82 million mt, up 1.95 million mt or 1.73 percent compared to the inventory level recorded on May 19, as announced by China's Xinhua News Agency. As of the same ...

Tags: Iron Ore, Chinese Ports

Iron Ore Prices of Just Under $120/Mt Are Likely to Stay Flat in The Medium Term

Apr 11, 2014

Iron ore prices of just under $120/mt are likely to stay flat in the medium term, with some softening expected in the short term, a Sanlam Securities' mining analyst said Wednesday. "There's going to be volatility in the iron ore price as ...

Tags: Iron Ore, Medium Term

Imports Will Account for Close to 80% of China's Iron Ore Requirements by 2016

Mar 26, 2014

Imports will account for close to 80% of China's iron ore requirements by 2016 as deteriorating ore quality makes more domestic supply uncompetitive in a lower price environment, China Hanking chief executive Guocheng Pan told an industry ...

Tags: Iron Ore Supply, Iron, Steel

Chinese Iron Ore Miners Aims to Satisfy 50% of The Country's Annual Iron Ore Consumption

Mar 24, 2014

An industry group representing Chinese iron ore miners aims to satisfy 50% of the country's annual iron ore consumption with domestic supply by 2025, up from the current 30%, via consolidation and expansion of mining companies, a senior ...

Tags: Iron Ore, Domestic Supply, Chemicals

Atlas Iron Would Double Production at Its Mt Webber Mine in North Pilbara to 6 Million Mt

Feb 27, 2014

Australia's Atlas Iron said Tuesday it would double production at its Mt Webber mine in north Pilbara to 6 million mt by the end of the December quarter, now that the board has approved development of the project's second stage. ...

Tags: Atlas Iron, Mineral

Iron Ore Supply May Exceed Demand Growth Rates in China Later in 2014

Feb 20, 2014

Iron ore supply may exceed demand growth rates in China later in 2014 as the nation has recorded slow steel production rates since the start of the year and is currently operating at an annualized rate of 730 million mt, BHP Billiton CEO ...

Tags: Iron Ore, Mineral

Chinese Iron Ore Demand Slackens Amid Slower Steel Production

Feb 12, 2014

Iron ore demand intensity in China will fall further amid continuous drops in steel market prices and lower steel outputs, the China Iron and Steel Association (CISA) said in its monthly report published on its official website. Chinese ...

Tags: Iron Ore, Steel, Low Steel

The Price of Iron Ore Is Predicted to Drop This Year

Jan 16, 2014

The price of iron ore is predicted to drop this year as growth of China's steel production slows and the supply of raw materials from international mining giants increases, according to industry experts. An estimate from UBS AG earlier ...

Tags: Iron Ore, Raw Materials

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