They said the party was over, but Australia's giant resources sector is surging into a two-horse race between iron ore and coal, with the latest numbers revealing that there is still fire in the belly of the boom, thanks mainly to sustained ...
Tags: coal industry, Mineral
China Steel Corp. (CSC), the largest carbon steelmaker in Taiwan is going to release its list price for electric furnace (EF) Al-killed wire rods for February on January 16th. Industry sources predicted that CSC might leave its list price ...
Chinese steel market sources expressed contentment Monday at the country's 85-86 million mt of iron ore inventories at over 20 major Chinese sea ports at present, saying this will likely help steel mills to stabilize imported iron ore ...
Iron ore prices could continue to trade above $130/dry mt CFR North China in the first quarter of 2014, after higher-than-expected steel production in China supported them last year, Macquarie analysts said Thursday. "We believe Q1 2014 ...
Tags: Iron Ore
BlueScope today announced plans to expand its Taharoa, New Zealand, iron sands export operations through the introduction of a third shipping vessel in FY2016. BlueScope will charter a purpose built 175,000 tonne slurry loading vessel and ...
Tags: BlueScope, iron sands, ship loading equipment, expansion
Australia-based iron ore company Centaurus Metals Limited has announced that it has revised the development plan for its Jambreiro iron ore project in Brazil, with a new plan for initial production of 1 million mt per year. The company will ...
South Africa-based Kumba Iron Ore has announced that it expects its full-year earnings for 2013 to increase by 20 percent compared to the previous year, supported by an increase in export iron ore prices and a weaker exchange rate, ...
Tags: Iron Ore, Metallurgy, Mineral
China Steel Corp. (CSC), the largest carbon steelmaker in Taiwan is going to release it list price for electric furnace (EF) Al-killed wire rods for next January. Industry sources said that CSC might remain its list prices for EF ...
Tags: CSC, carbon steelmaker, EF Al-killed wire rods, price
Chinese steelmakers' profits will remain low next year as output remains high and demand growth slows, said industry experts. The ratings agency Moody's Investors Service said on Wednesday that its outlook for the Asian steel and coal ...
Tags: Steel Sector, steel capacity
China's crude steel consumption for 2013 is estimated at 693 million tonnes and it is expected to grow 3.2 percent year on year to reach 715 million tonnes in 2014, an industry expert said on Friday. Given China's current production ...
Tags: Construction, Steel
China's iron ore imports have been decelerating since 2011, and that trend is set to continue next year with estimated growth of 6.25 percent, said an industry expert on Friday. China will import 850 million metric tons of iron ore in ...
Tags: Iron Ore, Metallurgy, Mineral
As of December 2, inventory of iron ore at 25 major Chinese ports amounted to 83.77 million mt, indicating an increase of 2.66 million mt or 3.28 percent week on week, as announced by China's Xinhua News Agency on December 2.?As of the same ...
Tags: Iron Ore, Chinese Ports
Iron ore prices are not expected to show any significant decline in the short term, said Sevkinaz Alemdar, Turkish integrated steel group Erdemir's purchasing coordinator, at the 8th SteelOrbis Turkish Steel Market Conference held in ...
Turkish integrated steelmaker Erdemir sees a positive outlook for the steel industry in 2014, as stated by the company's marketing and sales coordinator Basak Turgut at the 8th SteelOrbis Turkish Steel Market Conference held in Istanbul on ...
The Ukrainian mining and steel producing group Metinvest has announced its results for the first half of 2013. In the given period, Metinvest's net profit amounted to $443 million, rising 31 percent compared to the same period of the ...