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Spot Prices of Iron Ore for Export From Iran Continued to Fall Because of Low Demand

Jun 13, 2014

Spot prices of iron ore for export from Iran continued to fall because of low demand from China, industry sources said Sunday. Prices for 61-62% Fe magnetite fines slipped by $2/dry mt in the last week to $57/dmt FOB Bandar Abbas, south ...

Tags: Iron Ore, Chinese Demand

Recent Declines of Iron Ore Price Didn't Disrupted Contractual Commitments with Customers

Mar 13, 2014

Recent declines in the price of iron ore have not disrupted contractual commitments with customers, a senior Rio Tinto official said Tuesday. "We haven't seen any impact in shipping commitments," said Andrew Harding, Rio Tinto's chief ...

Tags: Iron Ore, lump ore, pellet

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

Conveyor Play an Important Role in Your Factory

Aug 30, 2013

Conveyors are machines made up of various rollers that continuously revolve on their axis. By their consistent rotation these conveyors take objects from one end to the other end of a conveyor machine. Use of conveyor machines in production ...

Tags: Conveyors, Processing Machinery, Screw Conveyors, Belt Conveyors

Dannemora Mineral Issues Its Financial Results for The Fourth Quarter and The Full Year

Feb 20, 2013

Sweden-based mining and exploration company Dannemora Mineral has issued its financial results for the fourth quarter and the full year 2012. In the fourth quarter, the company registered a net loss of SEK 104.4 million ($1.65 million), ...

Tags: Mineral, mining, iron ore

Kumba Delivered Another Set of Outstanding Financial Results for 2011

Jan 8, 2013

Kumba final results for the year ended 31 December 2011.Record safety,exports,earnings and dividends. Commenting on the results,Kumba Iron Ore("Kumba")CEO Chris Griffith said:"Driven by export volume growth and a 26%increase in iron ...

Tags: Kumba final results, operating, saftey, marketoutlook

Iron Ore Seems to Have Hit Steel Companies in The Small and Medium Segments The Hardes

Jan 6, 2013

Business Standard reported that the shortage of iron ore seems to have hit steel companies in the small and medium segments the hardest. According to recent data by the Joint Plant Committee, the non alloy and carbon steel segment saw ...

Tags: iron ore, India, non alloy, carbon steel segment

FIMI Pitched for a Drastic Reduction in Export Duty on Low Grade Iron Ore to 5%

Dec 28, 2012

FIMI has pitched for a drastic reduction in export duty on low grade iron ore to 5%from the present 30%,the current rate has rendered shipments unviable. Mr RK Sharma secretary general,Federation of Indian Mineral Industries said that"We ...

Tags: FIMI, iron ore fines, Federation of Indian Mineral Industries

NMDC's E Auction for Iron Ore Lumps Again Found Few Takers on November 20th

Nov 27, 2012

The Economic Times reported that NMDC's E auction for iron ore lumps again found few takers on November 20th with less than 1 to 10 of what it put up for sale. In half a dozen E auctions held recently, NMDC has found that almost 93% of ...

Tags: NMDC', Nmdc E Auction, Iron Ore, India

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