Iron ore

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Updates dates on terminal closure in para 1 Clarifies closure process in para 2 Adds information on communication with the Malaysian government in para 4 Adds Vale's comments in para 5 Adds 2019 total receipt in para 6
News ID: 8758    Publish Date : 2020/03/18

Indian iron ore exports in Feb'20 were recorded at 2.05 MnT in Feb'20, according to data maintained with SteelMint. The exports witnessed decrease of 28% on monthly basis as against Jan’20 exports at 2.85 MnT.
News ID: 8623    Publish Date : 2020/03/05

ArcelorMittal and Nippon Steel India (AMNS India), formerly known as Essar Steel, has acquired a power plant and an iron ore slurry pipeline, securing control of infrastructure that is critical to the smooth functioning of its steel and pellet plants in the country.
News ID: 8579    Publish Date : 2020/03/04

India's iron ore pellet exports in 2019 increased by around 53pc on the back of robust demand from China.
News ID: 8559    Publish Date : 2020/03/03

Domestic iron ore prices in India may rise sharply in the 2020-21 fiscal year starting 1 April, said credit rating agency Fitch's Indian arm India Ratings, as mine auctions in Odisha state yield high-priced winning bids that could curb recovery in the profit margins of steel mills.
News ID: 8524    Publish Date : 2020/02/28

It is common practice in the European hot-rolled coil market for mills and buyers to settle contracts against indices that publish once a month.
News ID: 8500    Publish Date : 2020/02/26

BHP (NYSE, ASX, LON: BHP), the world’s biggest miner, released results for the second half of 2019 on Monday, announcing an interim dividend for shareholders of 65 cents per share – its second-highest on record.
News ID: 8457    Publish Date : 2020/02/18

The iron ore price outlook has weakened ahead of a major Chinese holiday on fears that a coronavirus strain outbreak could delay the spring restart of construction projects.
News ID: 8316    Publish Date : 2020/01/23

Benchmark iron ore prices climbed on Tuesday after trade data showed Chinese imports of the steelmaking raw material topped 1 billion tonnes for the third year in a row as Beijing’s efforts to stimulate the economy pays off.
News ID: 8310    Publish Date : 2020/01/14

In the weeks and months after Vale SA’s deadly dam disaster, some of Brazil’s biggest investors snatched up shares in a bet they’d bounce back and then keep rising.
News ID: 8307    Publish Date : 2020/01/16

Tailings dams are the most common waste disposal methods for mining companies, whether they’re extracting iron ore, gold or copper.
News ID: 8304    Publish Date : 2020/01/17

Benchmark iron ore prices climbed on Friday after economic data showed the country’s steelmakers produced just shy of 1 billion tonnes in 2019, the second record-breaking year in a row.
News ID: 8303    Publish Date : 2020/01/17

Samarco Mineracao SA has rejected creditors’ formal request to resume talks to restructure its defaulted debt, signaling heightened risks for bond holders, according to people with direct knowledge of the situation.
News ID: 8296    Publish Date : 2020/01/07

The world’s biggest miner BHP (LON: BHP) is looking to India’s fast-growing economy and its accelerating steelmaking output as a way to help offset the declining Chinese coal demand in the new decade, The Sydney Morning Herald reported.
News ID: 8295    Publish Date : 2020/01/07

It’s time for some 2020 foresight in raw materials. After commodities posted a 10% advance last year, how will crude to coffee fare in the months to come? The first What to Watch of the new year presents an overview of what to expect and it’s a mixed, complex picture that emerges. The list covers oil, gold, copper, iron ore, pork and more.
News ID: 8294    Publish Date : 2020/01/06

Iron ore futures rose for a fifth straight session on Friday, with the benchmark Chinese index hitting its highest in five months, after data showed Brazil’s exports of the steelmaking raw material shrank in December.
News ID: 8292    Publish Date : 2020/01/03

India's state-controlled NMDC plans to lift its iron ore output significantly in the 2020-21 fiscal year starting 1 April, anticipating robust sales and higher prices on the back of a supply shortage.
News ID: 8290    Publish Date : 2020/01/10

State-controlled steel producer Steel Authority of India (Sail) increased iron ore output by 5.25pc to around 22mn t in 2019, a record high for the company.
News ID: 8289    Publish Date : 2020/01/10

India's domestic iron ore prices have increased sharply in January, as steel mills and pellet producers step up purchases amid expectations of supply disruptions from April. An increase in steel prices has also prompted mining companies to raise offer prices.
News ID: 8270    Publish Date : 2020/01/09

India has amended the federal mining law to allow for the seamless transfer of regulatory approvals to new owners of operational iron ore mines, as leases of 36 such mines are set to expire on 31 March and be auctioned off.
News ID: 8264    Publish Date : 2020/01/09

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