Iron ore

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Amid significant fall in domestic Iron ore prices, the sponge manufacturers in Central, East & Southern India are shifting their interest towards Iron ore rather than pellets.
News ID: 3305    Publish Date : 2019/01/17

In a step towards forward integration, leading merchant miner Rungta Mines Ltd (RML) has firmed up plans to install two integrated steel plants in iron ore-laden Keonjhar district with a combined investment of Rs 3500 crore.
News ID: 3285    Publish Date : 2019/01/15

Australian iron ore producer Fortescue Metals has further narrowed discounts on its major products for February delivery, as demand for low-grade ores continues to be strong in the Chinese market.
News ID: 3274    Publish Date : 2019/01/15

BEIJING – China's 2018 iron ore imports fell by 1 percent from the previous year, the first annual decline since 2010, according to data from the General Administration of Customs on Monday.
News ID: 3271    Publish Date : 2019/01/15

Indian Iron & Steel market remained on down trend during the first week of 2019, as the prices dipped owing to lack of domestic & export inquiries. As per participants, the prices significant on down trend as supply is high, than the sluggish demand.
News ID: 3261    Publish Date : 2019/01/14

The world’s No.2 iron ore miner, Rio Tinto, (ASX, LON:RIO) was forced to close part of its Cape Lambert export terminal in Western Australia after a fire damaged part of the installations.
News ID: 3227    Publish Date : 2019/01/11

India's largest iron ore miner -NMDC supplied a total of 336 rakes (1.29 MnT) of iron ore in Dec'18, up slightly on monthly basis, against 330 rakes (1.27 MnT in Nov’18. NMDC C.G had slashed iron ore price between INR 450-785/MT for Dec’18 via two successive price cut announced
News ID: 3192    Publish Date : 2019/01/08

India's biggest iron ore producer, NMDC, has announced a price cut of about 10-12% in the price of iron ore for the month of Jan’19, SteelMint has heard from its market sources.
News ID: 3191    Publish Date : 2019/01/08

China's steel sector profits fell by 26pc on the month in November, the sharpest month-on-month drop in profits this year.
News ID: 3101    Publish Date : 2018/12/28

Dec 24 (Reuters) – Anglo-Australian miner Rio Tinto is preparing to take its Iron Ore Company of Canada business public in the first half of 2019 by dual-listing it in New York and Toronto, people familiar with the situation told Reuters.
News ID: 3065    Publish Date : 2018/12/24

Global miner Anglo American (LON:AAL) has resumed operations at its giant Minas Rio iron ore mine in Brazil after eight months of closure following the discovery of a leak in a pipeline that carries ore to a port in Rio de Janeiro for export.
News ID: 3037    Publish Date : 2018/12/23

As per SteelMint's analysis, iron ore movement across major producing states of the country recorded at 12.48 MnT in Nov'18. The iron ore movement has recorded rise by 11% against 11.25 MnT in Oct’18.
News ID: 3025    Publish Date : 2018/12/21

According to the latest reports, Brazilian iron ore mining company, Vale has acquired domestic iron ore processing technology firm New Steel for USD 500 million. The transaction is expected to occur in 2019 but is subject to approval by antitrust authorities in Brazil.
News ID: 2989    Publish Date : 2018/12/19

The Indian iron ore industry is on the cusp of a new phase of growth and exports, which were heading southwards for the past few months, are beginning to swell once again. Iron ore export shipments in November 2018 stood at an impressive 0.83 MnT, almost double that of the preceding month’s 0.42 MnT.
News ID: 2960    Publish Date : 2018/12/18

According to market sources report to SteelMint, recent bookings of South African lump by Indian mills are on lower side amidst lack of clarity on force majeure declared by South African miner.
News ID: 2928    Publish Date : 2018/12/16

Iran's trade surplus of minerals observed a significant growth during the first eight months of the current Iranian year (March 21, 2018-November 22, 2018), Mines and Mining Industries Development and Renovation Organization announced.
News ID: 2914    Publish Date : 2018/12/15

World's second largest exporter of iron ore - Brazil has recorded 9% decline in iron ore export volumes to 33.97 MnT in Nov'18 as compared to Oct'18 exports at 37.2 MnT, according to trade statistics released by Brazil customs.
News ID: 2858    Publish Date : 2018/12/09

South Africa - World's 3rd largest iron ore exporter after Australia and Brazil recorded exports at 5.37 MnT in Oct'18, according to the trade data released by South African Customs. The exports witnessed rise of 29% on monthly basis as against 4.17 MnT in Sep'18.
News ID: 2854    Publish Date : 2018/12/08

Iran recently witnessed second wave of economic sanctions from US which targeted Banking, Insurance and Shipping industry of Iran.
News ID: 2849    Publish Date : 2018/12/08

JSW Steel's iron ore import up 74% to 0.9 MnT in Nov'18
News ID: 2831    Publish Date : 2018/12/07

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