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Goldman Sachs Lowers 2017 Iron Ore Price Forecast $5/Dmt to $35/Dmt CFR China

Dec 18, 2015

Investment bank Goldman Sachs late Wednesday lowered its iron ore price forecast for 2017 by $5/dmt to $35/dmt CFR China after a faster-than-expected softening in seaborne prices. "Iron ore prices have reached our $40/dmt forecast one ...

Tags: iron ore price, steel

Anglo American Corporation's First Cargo of Iron Ore Left Export Terminal at Port of Au

Oct 28, 2014

UK-based mining giant Anglo American Corporation has announced that its first cargo of more than 80,000 mt of iron ore from its Minas-Rio iron ore project in Brazil has left the export terminal at the port of Au in Rio de Janeiro and is ...

Tags: Anglo American, Iron Ore, Energy

Australian Iron Ore Miner Atlas Iron Hipped 3.1 Million Wet Metric Tons

Oct 24, 2014

Australian iron ore miner Atlas Iron has announced that it shipped 3.1 million wet metric tons of iron ore in the quarter ended on September 30, remaining unchanged compared to the previous quarter. In the given quarter, the company's iron ...

Tags: Atlas Iron, Iron Ore

JSW Steel Imports 10 Million Mt of Iron Ore This Year to Prevent Severe Shortages in India

Sep 25, 2014

Indian steelmaker JSW Steel's joint managing director Seshagiri Rao has told CNBC TV18 that JSW Steel will import 10 million mt of iron ore this year, rising from the planned 6 million mt, "after having seen severe shortages in India and ...

Tags: JSW Steel, Iron Ore

Inventory of Iron Ore at 33 Major Chinese Ports up 0.54% as of September 15

Sep 18, 2014

As of September 15, inventory of iron ore at 33 major Chinese ports amounted to 109.65 million mt, up 590,000 mt or 0.54 percent compared to the inventory level recorded on September 8, as announced by China's Xinhua News Agency on ...

Tags: Iron Ore, Metallurgy

China's Finished Steel Output Increased Slightly

Sep 15, 2014

In August, China's finished steel output increased slightly, while domestic finished steel prices continued to soften in the given month due to slower economic growth, with the finished steel price decreases contributing to significant ...

Tags: finished steel, Iron Ore

Iron Ore Prices May Be up for Another Dive as Chinese Steel Mills Take a Breather

Sep 7, 2014

Iron 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

Inventory of Iron Ore at 33 Major Chinese Ports Amounted to 109.34 Million Mt

Aug 28, 2014

As of August 25, inventory of iron ore at 33 major Chinese ports amounted to 109.34 million mt, up 0.54 million mt or 0.5 percent week on week, as announced by China's Xinhua News Agency on August 26. As of the same date, the Xinhua-China ...

Tags: Iron Ore Inventory, Chinese Ports, Energy

Assumptions About The Direction and Dynamics of The Iron Ore Market Have Been Tested

Aug 27, 2014

Long held assumptions about the direction and dynamics of the iron ore market have been severely tested in 2014. After hitting a high of $158.90 in February, the industry was jolted on March 10, when iron ore suffered the worst one-day ...

Tags: Iron Ore, raw material

Inventory of Iron Ore at 33 Major Chinese Ports Amounted to 108.8 Million Mt

Aug 20, 2014

As of August 18, inventory of iron ore at 33 major Chinese ports amounted to 108.8 million mt, down 0.47 million mt or 0.43 percent compared to the inventory level recorded on August 11, as announced by China's Xinhua News Agency on August ...

Tags: Chinese Ports, Down, Mineral

Inventory of Iron Ore at 33 Major Chinese Ports Amounted to 109.27 Million Mt

Aug 13, 2014

As of August 11, inventory of iron ore at 33 major Chinese ports amounted to 109.27 million mt, down 1.72 million mt or 1.54 percent compared to the inventory level recorded on August 4 , as announced by China's Xinhua News Agency on August ...

Tags: Iron Ore, Chinese Ports, Mineral

Cliffs Natural Resources Has Announced That in The Second Quarter Sales Revenue

Aug 12, 2014

US-based coal producer Cliffs Natural Resources has announced that in the second quarter of the current year its sales revenue decreased by 26 percent to $1.1 billion compared to the corresponding quarter of the previous year. The lower ...

Tags: sales revenue, decrease, Cliffs Natural Resources

Inventory of Iron Ore at 33 Major Chinese Ports Amounted to 111.87 Million Mt

Aug 12, 2014

As of July 28, inventory of iron ore at 33 major Chinese ports amounted to 111.87 million mt, down 2.4 million mt or 2.1 percent compared to the inventory level recorded on July 21, as announced by China's Xinhua News Agency on July 29. ...

Tags: Iron Ore Inventory, Down, Xinhua-China

Inventory of Iron Ore at 33 Major Chinese Ports Amounted to 113.72 Million Mt

Aug 12, 2014

As of July 14, inventory of iron ore at 33 major Chinese ports amounted to 113.72 million mt, down 1.05 million mt or 0.91 percent compared to the inventory level recorded on July 7, as announced by China's Xinhua News Agency on July 15. ...

Tags: China, Iron Ore, Metallurgy, Mineral

The Growth Observed in Pig Iron Output Has Been Limited,Restricting Demand for Iron Ore

Aug 12, 2014

Whereas China's steel output has remained at high levels as domestic steel demand has indicated some increases due to the Chinese government's stabilization policy and also given the significant rises seen in export volumes, the growth ...

Tags: Iron Ore, steel

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