According to media report on the last day of 2013, the future prices of the steel deformed bar has gained for a third day in Shanghai Future Exchange as high as 0.4 percent to about US$598/ton. The reason is to be believed that it is ...
In its first quarter operations review, the global iron ore production of Australia-based Rio Tinto, the world's second biggest iron ore producer, increased by four percent to 61.2 million mt compared to the first quarter of 2012, setting a ...
Tags: Rio Tinto, Iron Ore Output
Within a couple of days first Fortescue Metals' Nev Power and then Rio Tinto's Sam Walsh have warned that the remarkable rebound in iron ore prices won't last. Others are not as sure. Earlier this week, Power attributed the sharp rise in ...
Tags: Iron Ore, Fortescue Metals'Nev Power, Rio Tinto's Sam Walsh, Metallurgy
Rio CEO Sam Walsh told The Australian that short-term factors like restocking and the cyclone season are behind the December spike from USD 115 to USD 145. Mr Walsh said “We’re seeing an unusual situation at the moment ...
Tags: Rio, restocking, cyclone season, company news