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Iron ore miners
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Govt Is Supposed to Support China's Steel Industry
Mar 9, 2015Chinese steelmakers are facing more headwinds this year as economic growth slows and need government support to tackle long-term overcapacity, the chairman of Anshan Iron & Steel Group said. China's steel sector has been struggling with ...
Tags: Steel, Metallurgy, Mineral
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Iron Ore Prices May Be up for Another Dive as Chinese Steel Mills Take a Breather
Sep 7, 2014Iron ore prices may be up for another dive as Chinese steel mills take a breather after the summer production peak, analysts say. The benchmark iron ore price plunged to a fresh five-year low to $US84.30 a tonne on Thursday night, and ...
Tags: Metallurgy, Mineral, Energy, Iron Ore
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Chinese Iron Ore Importers Denied They Were Under Pressure to Sell Their Port Stocks
Apr 24, 2014Chinese iron ore importers on Monday denied they were under pressure to sell their port stocks so that they repay their debts to the country's banks, refuting recent local media reports. The importers added that the price of the more than ...
Tags: Iron Ore, steel mills
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China's Jinling Mining Hiked Iron Ore Concentrate Production to 1.23 Million Mt
Mar 27, 2014China's Jinling Mining hiked its iron ore concentrate production in 2013 to 1.23 million mt, up 6.9% year on year in 2013, the Shenzhen-listed company said in its financial report released Tuesday. Jinling, one of the few Chinese iron ore ...
Tags: Jinling Mining, iron ore mining
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Imports Will Account for Close to 80% of China's Iron Ore Requirements by 2016
Mar 26, 2014Imports 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
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Chinese Iron Ore Miners Aims to Satisfy 50% of The Country's Annual Iron Ore Consumption
Mar 24, 2014An 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
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The Recently Imposed Five Percent Export Duty on Iron Ore Pellets
Mar 6, 2014The Indian government has been caught between the conflicting demands of iron ore miners and steel producers regarding the recently imposed five percent export duty on iron ore pellets, a government official said on Wednesday, March 5. As ...
Tags: Iron Ore, Export Duty
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Sharemarket Rebounded as The Dollar Tumbled Again and Government Bond Yields Also Fell
May 20, 2013The sharemarket rebounded yesterday after two days of losses, as the dollar tumbled again and government bond yields also fell. The benchmark S&P/ASX 200 closed up 0.3 per cent at 5180.8 after hitting an intraday high of 5194.9. However, ...
Tags: Stocks, Dollar, Bond Yields
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Sharemarket Notched up Its Biggest Gain for Five Weeks as The Banks Led Broad-Based Gains
Apr 25, 2013The sharemarket notched up its biggest gain for five weeks yesterday as the banks led broad-based gains thanks to lower-than-expected domestic inflation data and stronger offshore markets. The consumer price index rose 0.4 per cent in the ...
Tags: Renewed, Interest Rate
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BHP Billiton, Rio Tinto and Woodside Petroleum Jumped After Commodities Rose
Apr 11, 2013BHP Billiton, Rio Tinto and Woodside Petroleum jumped between 1.4 per cent and 3.5 per cent after commodities including copper, oil and iron ore rose between 0.6 per cent and 1.3 per cent early yesterday. Among iron ore pure plays, ...
Tags: economy
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Sharemarket Is Trading Lower, Led Down by The Big Miners on Concerns Over Iron Ore Prices
Mar 21, 2013The sharemarket is trading lower, led down by the big miners on concerns over iron ore prices. At 12.07pm AEDT, the benchmark S&P/ASX200 index was down 38.1 points, or 0.76 per cent, at 4949.3 points. The broader All Ordinaries index ...
Tags: sharemarket, benchmark, Ordinaries index
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Sharemarket Rose with Consumer Staples and Financials Leading a Broad-Based Recovery
Mar 18, 2013The sharemarket rose this morning, with consumer staples and financials leading a broad-based recovery following lower-than-expected US jobless claims data. At 11.30am AEDT, the benchmark S&P/ASX200 was up 1 per cent at 5081.9 points. The ...
Tags: Stocks, sharemarket, benchmark
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S&P/ASX 200 Closed Down 0.2 Per Cent at 5109.2
Mar 8, 2013The benchmark S&P/ASX 200 closed down 0.2 per cent at 5109.2 after hitting a 4 1/2-year high of 5135.7 in early trading. Share trading value worth $5.2 billion slipped just below the 20-day moving average of $5.3bn. Asian markets were ...
Tags: benchmark, economic data, finance
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NDRC Has Suggested That The Global Miners Have Been Manipulating The Iron Ore Market
Mar 8, 2013China's National Development and Reform Commission (NDRC) has suggested that the global miners have been manipulating the iron ore market by holding back cargos, artificially creating a supply shortage in the market, according to media ...
Tags: iron ore miners, iron ore, iron ore market
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The Baltic Dry Index Rose for The First Time Since November
Jan 7, 2013Bloomberg reported that the Baltic Dry Index, a measure of commodity shipping costs, rose for the first time since November, lifted by gains for the largest vessels as miners sought charters to export iron ore or coal from Australia. ...
Tags: Baltic Dry Index, iron ore, coal, Iron ore miners
