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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

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

Fitch Ratings Has Affirmed Mining Company Samarco'S Rating at BBB

Aug 20, 2014

International credit rating agency Fitch Ratings has affirmed mining company Samarco’s rating at BBB, with a stable perspective, it said recently. The rating is based on Samarco’s highly profitable operations, low-cost ...

Tags: Fitch Ratings, BBB, Energy

Indian Industry Body Suggests The Imposition of a 30 Percent Export Duty

Jun 16, 2014

On June 13, the Indian industry body ASSOCHAM called on the Indian Minister for Commerce and Industry Nirmala Sitharaman and submitted a memorandum, strongly suggesting the imposition of a 30 percent export duty on iron ore pellets in the ...

Tags: Iron Ore Pellets, steel capacity

Domestic Iron Ore Concentrate Prices in Hebei Province Have Declined by an Average 5.7%

May 21, 2014

Domestic iron ore concentrate prices in north China's Hebei province have declined further by an average 5.7% or Yuan 55/dmt ($11) over the week, in response to both lower domestic steel prices as well as weakening imported iron ore prices, ...

Tags: Iron Ore, Concentrate Prices

Ferrexpo Saw a 10.8% Gain in Pellet Sales to 2.84m Mt Due to Strong Demand Indicated

Apr 21, 2014

Ukraine-focused iron ore miner Ferrexpo said Thursday it saw a 10.8% gain in pellet sales to 2.84 million mt over the first quarter compared with a year ago due to strong demand indicated by higher premiums charged to customers. The ...

Tags: Iron Ore, Ferrexpo, key markets

Concentrate Produced at Sydvaranger Was Being Trialed at Further Sinter Plants in Europe

Apr 3, 2014

Norway-focused iron ore miner Northern Iron said Tuesday concentrate produced at Sydvaranger was being trialed at further sinter plants in Europe, after inaugural cargoes were bought by ArcelorMital and ThyssenKrupp in 2013. Northern Iron ...

Tags: Iron, Iron Ore, miner

Swiss-Headquartered Iron Ore Miner Ferrexpo Has Announced Its Financial Results for 2013

Mar 13, 2014

Swiss-headquartered iron ore miner Ferrexpo, whose main interests are in Ukrainian iron ore assets, has announced its financial results for 2013. In the given period, Ferrexpo's net profit increased by 20.6 percent to $263.7 million ...

Tags: Ferrexpo, iron ore

The Recently Imposed Five Percent Export Duty on Iron Ore Pellets

Mar 6, 2014

The 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

Iron Ore Blast Furnace Pellet Premiums Rose Further in March

Mar 5, 2014

Iron ore blast furnace pellet premiums rose further in March as some steelmakers were said to have agreed quarterly pricing for Q1 around the low $40s/dry mt, and leave open the opportunity to renegotiate for lower pricing later this year. ...

Tags: Iron Ore, Pellet premiums

Iron Ore Prices Could Continue to Trade Above $130/Dry Mt CFR North China in Q1

Jan 7, 2014

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

The China Iron & Steel Association Will Start Publishing a Daily Iron Ore Price Index

Dec 25, 2013

The China Iron&Steel Association will start publishing a daily iron ore price index from January next year,a CISA official said Friday. But the index was expected to have little impact on trading or prices,market sources said Friday. It ...

Tags: China Iron&Steel Association, daily iron ore price index, iron ore

India's Steel Minister:Product Mix Should Be Enhanced

Nov 19, 2013

India's Steel Ministry is finalizing a new national steel policy (NSP) focusing on infrastructure development, securing raw materials and human resource development for the growth of the steel industry, according to the Associated Chambers ...

Tags: raw materials

The Inventory of Iron Ore at Chinese Ports Has a Significant Increase

Aug 29, 2013

As of August 27, inventory of iron ore at 25 major Chinese ports amounted to 73.431 million mt, indicating an increase of 1.866 million mt or 2.6 percent week on week, as announced by China's Xinhua News Agency on August 27. As of the ...

Tags: Iron Ore, Chinese Ports

Linyuan Steel Planned to Pay RMB328 Million to Acquire a Raw Material Plant

Jul 26, 2013

It’s reported that Chinese steelmaker Linyuan Steel planned to pay RMB328 million to acquire a raw material plant and an oxygen plant from its parent group Lingyuan Iron and Steel Group. It’s learned that the plant produced ...

Tags: Linyuan Steel, Raw Material Plant

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