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The prospects for iron ore prices are improving thanks to a lower than expected global surplus this year, analysts and traders say, though looming new supply from the giant Simandou project in ...
(Bloomberg) -- Iron ore extended its losing streak for a fourth day as traders remained cautious about demand and assessed moves to limit overcapacity in China’s steel sector. The steel-making ...
BEIJING, June 9 (Reuters) - China's iron ore imports in May missed expectations, dropping 4.9% from April, as mills exercised caution in buying seaborne cargoes in anticipation of seasonally ...
[SINGAPORE] Iron ore, the backbone of China’s steel-fuelled boom for more than two decades, is facing a pivotal demand shift. The ferrous metal’s fortunes are now decoupling from the country’s ...
Investing.com -- The U.S. decision to double Section 232 tariffs on steel imports to 50% is poised to have wide-reaching effects on global steel markets, but its direct impact on iron ore may be ...
JOHANNESBURG (miningweekly.com) – Brazilian and Australian iron-ore producers will continue to drive global iron-ore production, while Chinese firms lose market share owing to their position at ...
India has started experimenting with index-based iron ore pricing mechanism - on global lines like London Metal Exchange or Platts. The experiment aimed at better market-linked price discovery ...
The iron plant in question boasts a cutting-edge design that converts superfine iron ore into high-quality metallic products, utilising low-cost thermal coal in its operations. This state-of-the ...
Followed categories will be added to My News. Aussie iron ore grades have been declining for years Steel mills in China have been adapting to lower grades and higher impurities from Pilbara ores ...
Even with Australia’s higher labour costs and new industrial relations laws, the Pilbara is likely to remain the lowest cost source of new iron ore at scale. The latest data from the world’s ...
The first Evolution Series ES43ACi locomotive for TransGuinéen Railway was unveiled May 26 by Wabtec Corporation and Rio Tinto SimFer, a joint venture of the government of the Republic of Guinea in ...