Iron ore

Tags - Iron ore
Brazil, the world’s second-largest Semi finished exporter, has exported about 815,503 MT Slabs in January 2019.
News ID: 3894    Publish Date : 2019/03/08

South Korea- world's 5th largest steel producers has imported about 0.26 MnT Billet in Jan'19 as against 0.14 MnT in Dec'18, significantly jump by 85% M-o-M, as per custom data maintained by SteelMint.
News ID: 3893    Publish Date : 2019/03/08

World's largest iron ore miner Vale has temporarily suspended operation at its Malaysian Distribution Centre for about 10 to 15 days owing to fire broke out.
News ID: 3888    Publish Date : 2019/03/08

India's iron ore exports in 2018 fell by 37pc from a year earlier as mining was suspended in the country's largest iron ore producing state of Goa.
News ID: 3795    Publish Date : 2019/03/01

Excluding Vale (NYSE:VALE), close to 8 million tonnes of seaborne iron ore supply from Brazil is at risk in 2019, a report by Wood Mackenzie states.
News ID: 3744    Publish Date : 2019/02/25

Brazilian steel and iron ore producer Companhia Siderurgica Nacional (CSN) expects a 10-15pc increase in flat steel prices in March, as a result of higher slab costs owing to limited availability.
News ID: 3705    Publish Date : 2019/02/22

Construction of Sirjan-Kerman Railroad kicked off on Monday. The project will cost 889 billion rials ($7 million) and take 30 months to complete, the CEO of Golgohar Mining and Industrial Company, located in Sirjan, said.
News ID: 3685    Publish Date : 2019/02/21

Portside discounts for Fortescue Metals' 56.5pc Fe super-special fines (SSF) have dropped below 20pc to the Argus 62pc PCX portside index on 15 February, the narrowest in recent months, and may contract further as supply keeps high-grade prices under pressure.
News ID: 3666    Publish Date : 2019/02/18

Iron ore mining giant Vale (NYSE:VALE) issued a statement Friday advising that there was a fire in one of the transfer houses of the belt conveyor system at its distribution center in Malaysia.
News ID: 3648    Publish Date : 2019/02/16

Iron ore producer Fortescue Metals Group (ASX:FMG) revealed Friday that one of its massive driverless trucks collided with another at one of its Western Australia mines earlier this week. There were no injuries.
News ID: 3647    Publish Date : 2019/02/16

Iron ore prices reached an almost two-year high on Tuesday, following January’s fatal tailings dam breach in Brazil at Vale’s Córrego do Feijão mine. Iron ore was at $86.65/dry ton on Feb. 4, up 14% since the dam breach and the highest since March 2017, according to S&P Global Platts.
News ID: 3594    Publish Date : 2019/02/07

Indian Steel prices further declined this week (14-19th Jan'19) through the mid size mills due to weak demand from the domestic & global buyers. The participants reported improved supply, while demand continue to stagnant, this has resulted significant fall in prices
News ID: 3471    Publish Date : 2019/01/29

JSW Steel - India's largest steel maker recorded iron ore sourcing at 2.31 MnT in Dec'18. The total sourcing witnessed 17% fall M-o-M as against 2.77 MnT in Nov'18. On yearly basis, sourcing dropped 27% as against 3.17 MnT in Dec’17.
News ID: 3420    Publish Date : 2019/01/26

According to General Administration of Customs, China - the world's largest iron ore consumer and importer recorded iron ore imports at 1,064.3 MnT in CY18. The imports have dropped marginally by 1% as against CY17 imports at 1,075 MnT. The fall is first annual drop since 2010.
News ID: 3411    Publish Date : 2019/01/26

Global miner Anglo American (LON:AAL) ended 2018 on a high note, posting Thursday strong fourth quarter production results despite setbacks at its iron ore operations in both South Africa and Brazil.
News ID: 3383    Publish Date : 2019/01/24

New Delhi – Global iron ore prices are seen stagnating in the next few years on excessive supplies and slowing Chinese demand, yet a strong growth elsewhere in Asia is expected to keep prices supported and trade booming.
News ID: 3370    Publish Date : 2019/01/23

Trade statistics released by Canada custom shows that the iron ore exports by the country recorded at 4.01 MnT in Nov'18. The exports depicted fall of 21% as compared to Oct'18 exports at 5.1 MnT. On yearly basis exports witnessed a fall of 4% as against 4.16 MnT in Nov'17.
News ID: 3368    Publish Date : 2019/01/23

World's second largest exporter of Iron ore - Brazil, increased its iron ore exports in CY'18 by 3% to 394 MnT as against 384 MnT in CY'17 for the 6th consecutive year in 2018.
News ID: 3363    Publish Date : 2019/01/23

A new steel ingot production unit will open in the city of Sirjan, Iran’s province of Kerman, in early February, an Iranian lawmaker said, adding that the opening ceremony will be attended by First Vice-President Es’haq Jahangiri.
News ID: 3318    Publish Date : 2019/01/18

A retired Brazilian Army officer who recently advised Canadian miner Belo Sun (TSX: BSX) about its plans to mine gold in the Amazon, will head the country’s Indigenous Rights Agency (Funai) aiming at using his experience in the sector to deal with hundreds of impending clashes between miners and locals.
News ID: 3314    Publish Date : 2019/01/18

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