Iron ore

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Indian Pig iron producers are anticipating further surge in prices in line with active demand & rising input cost. Recently NINL, which is the largest producer of Indian pig iron have sharply raised prices by INR 1,800/MT (USD 25).
News ID: 2232    Publish Date : 2018/09/22

Australia - world's largest iron ore exporter has recorded an increase of export shipments for the month of Aug'18.
News ID: 2231    Publish Date : 2018/09/22

This week Chinese steel market was abuzz with news that winter production cuts will be in terms of emissions rather than in terms of production cuts. However no official announcement has been released yet.
News ID: 2222    Publish Date : 2018/09/22

The chief executive officer of Brazil's Vale SA, the world's largest iron ore producer, said in an interview published on Sunday that the company would ramp up annual production to 450 million tonnes only when prices rise.
News ID: 2182    Publish Date : 2018/08/28

Rio Tinto the world’s second-biggest producer of iron ore, is closer than ever to selling its $6 billion-stake in Iron Ore Company of Canada (IOC), as it hired investment bank Credit Suisse.
News ID: 2172    Publish Date : 2018/08/16

World’s second largest miner Rio Tinto said Monday it will begin developing its Koodaideri iron ore mine in Western Australia's Pilbara region next year, highlighting parallel plans to de-bottleneck rail capacity, which should increase it to 360 million tonnes per annum (mtpa) in 2019.
News ID: 2134    Publish Date : 2018/06/25

Mining infrastructure supplier Mineral Resources has bowed to Australia's richest woman, Gina Rinehart, in the battle for junior iron ore miner Atlas Iron (ASX: AGO), by saying Wednesday it would not make an offer to counter her A$390 million ($288 million) cash bid.
News ID: 2133    Publish Date : 2018/06/25

Global iron ore miners have turned off the tap on adding new production capacity to feed China’s steel mills as the world’s largest customer is already awash with supplies, according to Fortescue Metals Group Ltd.
News ID: 2064    Publish Date : 2018/04/11

Iranian miners exported a total of 1.85 million tons of iron ore in February, recording a 16.1% growth compared to January shipments, market analyst, Keyvan Jafari Tehrani, said.
News ID: 1994    Publish Date : 2018/03/10

Steelmaking raw materials made strong gains on Monday as Chinese mills, responsible for half the world's steel output, on the back of speculations that the certain provinces may extend steel supply curbs beyond the winter.
News ID: 1984    Publish Date : 2018/03/04

Iran Mercantile Exchange plans to start trading in domestically produced iron ore pellet and concentrate, IME Managing Director Hamed Soltani-Nejad said on Monday.
News ID: 1972    Publish Date : 2018/03/03

A recent Supreme Court of India's decision to cancel all iron ore mining leases in an ore-rich state can open the way for Iranian ore miners to increase their share in the Chinese market.
News ID: 1946    Publish Date : 2018/02/15

The Ministry of Industries, Mining and Trade issued 702 mineral exploration permits during the nine months to Dec. 21, 2017, indicating a 27.9% rise compared with last year’s corresponding period.
News ID: 1945    Publish Date : 2018/02/15

Mining and metals investors were piling into the sector's big names on Wednesday as gold jumped, base metals prices surged and iron ore continued to rally on optimism about global demand for raw materials ahead of a holiday week in top consumer China.
News ID: 1941    Publish Date : 2018/02/15

Shares in Vedanta, the London-listed natural resources company controlled by one of India’s richest men, fell as much as 5.5% on Thursday on the news that the Indian Supreme Court had cancelled all the 88 existing iron ore mining licences in Goa.
News ID: 1923    Publish Date : 2018/02/09

The price of copper regained its footing and iron ore prices continued the climb on Thursday after customs data showed imports of raw materials by China stayed robust in January after a strong 2017.
News ID: 1922    Publish Date : 2018/02/09

Iran exported over 5.37 million tons of mineral products worth $672.9 million to Afghanistan during the first nine months of the current fiscal year (March 21-Dec. 21), the Islamic Republic of Iran Customs Administration announced.
News ID: 1896    Publish Date : 2018/02/05

Iran’s iron ore giant Golgohar Mining and Industrial Complex plans to issue 3 million Islamic bonds worth 3 trillion rials (about $66 million) next week to finance the purchase of ore concentrate production machinery.
News ID: 1883    Publish Date : 2018/01/31

Iranian iron ore miners experienced a good year in 2017, as they became the sixth largest supplier of the material to China by shipping about 22 million tons to the world’s largest importer of iron ore.
News ID: 1802    Publish Date : 2018/01/17

Two iron ore processing plants were inaugurated in Sangan by First Vice President, Es’haq Jahangiri. Also, Minister of Industry, Mine and Trade, Mohammad Shariatmadari and chairman of the board of IMIDRO, Mehdia Karbasian attended the inauguration ceremony.
News ID: 1775    Publish Date : 2018/12/30

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