Iron ore articles & resources on Made-in-China.com

How Chinese Wholesale Goods Can Bring Your African Business Six Figure Profits Monthly

Jun 3, 2019

Africa-China Relations The State of relations between the Chinese nation and the continent of Africa is steadily growing. The 21st-century has seen a significant paradigm shift of the world's largest trading nations. China is by far the ...

Tags: Wholesale

China's Shagang Cuts Ferrous Scrap Buying Price

Nov 22, 2016

Jiangsu Shagang Group, the largest ferrous scrap user in China, on Saturday cut its buying price of heavy melting scrap 6 millimeters and above thick of Yuan 30 to Yuan 1,770/mt, including 17% value-added tax, delivered to Zhangjiagang, ...

Tags: ferrous scrap, Steel

China's Oct. Exports Down 3.2%, Imports up 3.2%

Nov 9, 2016

China's exports growth narrowed from previous drops in October while imports accelerated growth, however weak global demand might weigh on future trade growth. Exports measured in yuan fell 3.2 percent year on year in October, a slower ...

Tags: trade surplus, exports growth

China's Exports Rise, Imports Rebound in May

Jun 8, 2016

China's export growth in yuan-denominated terms slowed to 1.2 percent year on year in May from 4.1 percent in April, customs data showed Wednesday. Imports grew 5.1 percent, significantly rebounding from a 5.7-percent decline in April, ...

Tags: China's export, Imports Rebound

Eastern China Ferrous Scrap Stable on Rising Price

Dec 28, 2015

After dropping for five consecutive weeks, ferrous scrap prices in eastern China remained stable for the second week following the recent increase in domestic rebar and seaborne iron ore prices. Platts assessed heavy melting scrap 6 mm ...

Tags: ferrous scrap, iron ore

CISA Tells China Iron Ore Importers to Keep Close Eye on Steel Credit Crunch

Dec 18, 2015

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 ...

Tags: iron ore, Steel

Goldman Sachs Lowers 2017 Iron Ore Price Forecast $5/Dmt to $35/Dmt CFR China

Dec 18, 2015

Investment bank Goldman Sachs late Wednesday lowered its iron ore price forecast for 2017 by $5/dmt to $35/dmt CFR China after a faster-than-expected softening in seaborne prices. "Iron ore prices have reached our $40/dmt forecast one ...

Tags: iron ore price, steel

Iron Ore Majors Must Cut 'like It's 1994' to Halt Further Price Drop: Investec

Dec 16, 2015

Major iron ore producers will have to cut production like aluminum producers did in 1994 to halt the current slump in spot prices, investment bank Investec said in a note Tuesday. "In our view if iron ore prices prevail at current levels ...

Tags: iron ore, aluminum

China Port Congestion Eases for Capesize Vessels

Dec 12, 2015

Congestion at most Chinese ports has eased further over the past week due to a general improvement of the weather, a port agent source said Wednesday. Dense fog, strong winds, heavy rain and snow made several China ports close from time ...

Tags: Capesize Vessels, Iron Ore

SGX Takes on Larger Share of Coking Coal Futures Volume in November

Dec 2, 2015

The Singapore Exchange is increasingly taking on a bigger share of coking coal futures volume, latest trade data showed Tuesday. The SGX's FOB Australia Premium Coking Coal Futures contract made up 285,000 mt in trade November, up from ...

Tags: SGX, Coking Coal, iron ore, thermal coal

Vessel Docks to Load Australian Roy Hill Mine's 1st Iron Ore Shipment

Dec 2, 2015

Australian miner Roy Hill said Tuesday the first vessel has docked at its newly completed South West Creek Wharf in Port Hedland in readiness for loading iron ore fines and lump from its new mining operation. The vessel MV Anangel ...

Tags: Iron Ore, Shipment, Steel

Asian Iron Ore Prices Hit $44/Dmt, Lowest Recorded on Iodex

Nov 25, 2015

Seaborne iron ore prices reached a new historic low Tuesday as the Platts 62% Fe Iron Ore Index, or IODEX, lost $0.75/dmt on the day to reach $44/dmt CFR North China. It is the lowest point the IODEX has been since Platts' began spot ...

Tags: Seaborne iron ore, steel, ore

Low Iron Ore Prices Hit Chile's CAP Mineria Despite More Volumes

Nov 10, 2015

Chile's CAP Mineria's net profits in the first nine months of the year fell 83% to $17.3 million as lower iron ore prices cut income despite higher shipments and record production, according to results late Friday. The company, the mining ...

Tags: Iron Ore, iron, steel

Iron Ore Miner Samarco Could Stop Shipments in Three Weeks: Source

Nov 10, 2015

Brazilian iron ore miner Samarco may be out of iron ore pellets within three weeks following a fatal tailings dam collapse last week, a source familiar with the company said Monday. An indefinite stoppage could affect global pellet ...

Tags: Samarco, iron ore miner, coals

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

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