Iron ore

Tags - Iron ore
Australia’s Iluka Resources Ltd, the world’s largest producer of zircon, said on Thursday it was considering a demerger of an asset that earns royalties from a BHP Group iron ore operation — Mining Area C (MAC).
News ID: 7140    Publish Date : 2019/10/31

Brazilian iron ore miner Vale SA on Thursday said it had preemptively triggered an emergency protocol at its Forquilha IV dam which processes waste from its Fábrica mine near the historic town of Ouro Preto.
News ID: 7137    Publish Date : 2019/11/01

Miner Vale SA said on Friday it had been authorized by Brazilian regulator ANM to resume operations at its Alegria mining site, which were interrupted last March after a “stress test” failed to guarantee its stability.
News ID: 7135    Publish Date : 2019/11/05

BHP, the biggest listed miner, aims to decide early next year who has won a tender for LNG-fueled transport to ship up to 27 million tonnes, or about 10%, of its iron ore to cut emissions by around a quarter, a senior executive said.
News ID: 7134    Publish Date : 2019/11/05

Indian Steel prices were down trend during the Week – 43 (19-26 Oct'19) over limited trade activities. As per producers, the market observed short pause amid ‘Diwali’ festive holidays.
News ID: 7109    Publish Date : 2019/10/26

Fortescue Metals Group - world's 4th largest iron ore producer, depicted fall in shipments in Q3 CY19 to 42.2 MnT. The shipments recorded a drop of 9% Q-o-Q as against 46.6 MnT in previous quarter. On yearly basis, shipment was marginally up compared to 40.2 MnT in same time frame last year.
News ID: 7090    Publish Date : 2019/10/24

Odisha’s state-owned miner- Odisha Mining Corporation (OMC) had scheduled its iron ore fines e-auction yesterday (21st Oct’19). Total quantity put under the auction was 276,000 MT iron ore fines. Entire offered quantity was booked registering sharp increase over set base price.
News ID: 7051    Publish Date : 2019/10/22

Anglo American Kumba iron ore production for Q3 CY19 witnessed stable at 10.5 MnT as increased production at Sishen mines was offset by lower production due to plant upgrade at Kolomela mines.
News ID: 7050    Publish Date : 2019/10/22

World's second largest iron ore miner- Rio Tinto's Pilbara iron ore production witnessed at 87.3 MnT for Q3 CY19, up 10% as against 79.7 MnT in Q2 CY19. On yearly premises miner depicted 6% increase in production when compared to Q3 CY18 output at 82.5 MnT.
News ID: 6990    Publish Date : 2019/10/16

The average discount that Australian iron ore exporter Fortescue Metals receives across all its iron ore types to the 62pc Fe benchmark narrowed during July-September, as Chinese steel mills focused on raw material costs to try to lift their production margins.
News ID: 6961    Publish Date : 2019/10/24

According to General Administration of Customs, China - the world's largest iron ore consumer and importer, recorded 19% increase in imports to 285.23 MnT in Q3 CY19 as against 239.7 MnT in Q2 CY19. The imports for the quarter picked up amid easing supplies from largest iron ore miners. Vale- announced resumption at its Brucutu mines and also resumed partial operation at its Vargem Grande Complex in Q3 CY19.
News ID: 6940    Publish Date : 2019/10/14

Odisha govt. has today (i.e 14th Oct 2019) invited bids for grant of ten more iron and manganese ore mining leases via Phase II. In this phase few key iron ore mining leases that are being auctioned include - Rungta's Jajang mine, Serajuddin Balda block, GS Mishra & Sons & BICO.
News ID: 6936    Publish Date : 2019/10/14

JSW Steel- India's second largest private steel maker total iron ore sourcing recorded at 1.33 MnT in Sep'19. The sourcing witnessed 21% drop M-o-M as against 1.69 MnT in Aug'19. On yearly basis, sourcing fell 42% in Sep'19 as against 2.29 MnT in Sep'18.
News ID: 6935    Publish Date : 2019/10/14

Brazilian iron ore miner Vale said on Monday it has temporarily shut down its Itabiruçu tailing dam and lowered its full year iron ore and pellet sales guidance as a result.
News ID: 6930    Publish Date : 2019/10/21

US iron ore producer Cleveland-Cliffs cut its 2019 sales volume expectations for iron ore pellet by 2.5pc amid lower third quarter volumes, unfavorable export economics and timing issues.
News ID: 6898    Publish Date : 2019/10/23

Indian spot steel trades remained limited during the week-41 (5-12th Oct'19). As per mid sized mills in major locations, inquiries & production both less than the average, hence there was slight change in prices.
News ID: 6865    Publish Date : 2019/10/12

A study published by researchers at the University of Queensland’s Sustainable Minerals Institute shows that some significant metal ores have the potential to face Environmental, Social and Governance (ESG) challenges, which may impact the global supply of metals. The scientists studied the ESG context of more than 600 individual copper, iron and bauxite ore bodies before coming to a conclusion.
News ID: 6832    Publish Date : 2019/10/22

Seaborne pellet prices rose this week, as steel mills stepped up use of direct-charge material on the back of sintering restrictions in Hebei and Shandong provinces.
News ID: 6826    Publish Date : 2019/10/22

Indian iron ore imports were reported nil in Sept'19, according to the data maintained by SteelMint. The imports have recorded nil for second consecutive month. Indian iron ore imports in July’19 stood at 51,470 MT.
News ID: 6821    Publish Date : 2019/10/08

As per bulk vessel line up data maintained with SteelMint, South African export shipments of iron ore in Sep’19 witnessed at 4.47 MnT, down 14% as against 5.21 MnT in Aug’19. Export shipments to India continued to remain nil for third consecutive month in Sep’19. The drop is attributed to availability of comparatively less expensive domestic pellets. Major buyers from west India and south India have shifted to pellets. Jindal SAW pellet prices are assessed at INR 8,050/MT, delivered Kandla.
News ID: 6817    Publish Date : 2019/10/08

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