Rates and sentiment on the iron ore freight market got a boost Friday after Bocimar International NV was heard taking at least six ships in the Atlantic over the May Day holiday in Asia, putting an end to the downward spiral in Capesize ...
Tags: Iron Ore, freight market
Iron ore Capesize freight rates continued to edge down this week, with expectations that rates could see further contraction in the next week, market sources said Thursday. The West Australia to Qingdao iron ore Capesize market was active ...
Tags: Iron Ore, freight rates, miner
The Philippines' Nickel Asia said Monday it shipped out a record high 14 million wet mt of nickel ore in 2013, up 19% from 2012. Of the total volume, 3.59 million wmt was saprolite ore, down 15.3% year on year, while 10.41 million wmt was ...
Tags: Nickel Ore, Nickel, nickel price
Trader procurement continued to boost spot demand in the Asian iron ore market, as trades got concluded at increasingly higher levels on the day, supporting a firming market. The Platts 62% Fe Iron Ore Index rose $2.75/dmt to $111.50/dmt ...
Tags: Iron Ore Market, spot demand, steelmaker
Capesize iron ore freight rates fell across most routes Thursday, as charterers took advantage of a relatively quiet trading day to press rates down in the Pacific. Fixture activity in the Pacific slowed Thursday after a flurry of ...
Tags: Iron Ore, Limited Fixtures
Australian iron ore development company BC Iron Limited has announced that in the quarter ended on December 31 it produced 1.35 million mt of iron ore, up 25 percent compared to the same quarter of the previous year. Regarding the ...
Supporting Automotive Reshoring from China Jaguar Land Rover's drive to reshore tooling and components for its premium automotive products from China to the UK created an immediate need for additional wire EDM capacity at Pontypridd ...
Tags: Industrial Equipment, Components, Automotive Reshoring
Capesize iron ore freight rates on established Pacific routes from Brazil, Western Australia and South Africa came under pressure Thursday. Charterers' rates and some offer prices fell from the previous day, which market participants ...
Tags: Iron Ore, freight rates
London Mining (LM) saw a considerable year-on-year increase of 250% in third-quarter iron ore concentrate output from its Marampa mine in Sierra Leone to 948,000 wet mt, according to the company's production report. However, compared with ...
Tags: London Mining, Mineral, iron ore
Retail gant Wal-Mart Stores, Inc. (NYSE: WMT) opens stores in more small Chinese cities. It saw four stores in the market, spreading in Fuzhou, Fujian Province, Zhuhai, Guangdong Province, Puer, Yunan Province, and Huizhou, Guangdong ...
Tags: Wal-Mart, supermarket, Light Industry, Daily Use
Anglo Asian will sell 2,500 wet metric tonnes and 550 dry metric tonnes of copper concentrate when available to Glencore. Azerbaijan miner Anglo Asian Mining has unveiled a deal to sell copper concentrate to commodities giant Glencore. ...
Tags: Anglo Asian, wet metric tonnes, dry metric tonnes, copper concentrate
Light-bulb maker TCP International Holdings Ltd. filed plans to raise up to $100 million through an initial public offering of common stock aimed at widening its manufacturing operations. TCP plans to expand production of light-emitting ...
Tags: Market View, led diode
GE Lighting recognized The Fresh Market and Walmart for fleet-wide installations, while Taiwan begins street-lighting projects. The Lighting Association introduces an LED product verification program and three companies found the UV LED ...
Tags: Market View, Lighting, LED Industry News
GE Lighting recognized The Fresh Market and Walmart for fleet-wide installations, while Taiwan begins street-lighting projects. The Lighting Association introduces an LED product verification program and three companies found the UV LED ...
Tags: LED Industry News, Lighting