Brazil

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JSW Steel - India's largest steel maker recorded total iron ore sourcing at 27.41 MnT in FY’19. The sourcing witnessed 15% fall Y-o-Y as against 32.41 MnT in FY18.
News ID: 4382    Publish Date : 2019/04/29

The Mosaic Company, a Brazil ian fertilizer maker, said on Thursday it will suspend production at its phosphate mines of Tapira and Catalão after failing to obtain a deadline extension in order to provide stability certification for three of its tailings dams.
News ID: 4336    Publish Date : 2019/04/12

Spot iron ore prices rose from $75 per tonne to $95 per tonne in the weeks following the Brumadinho dam disaster at Vale’s (NYSE: VALE) Feijao iron ore mine in Brazil , before settling in at about $85 per tonne, according to the latest research on the global iron ore market by the Macquarie Group.
News ID: 4321    Publish Date : 2019/04/11

As per SteelMint analysis, amidst the disruption and additions by global iron ore producers and exporters, the iron ore market for the year is expected to witness a shift against market demand and supply in CY18.
News ID: 4308    Publish Date : 2019/04/11

World's second largest exporter of iron ore - Brazil has recorded iron ore export volumes at 22.18 MnT in Mar'19, down 23% as compared to Feb'19 exports at 28.93 MnT, according to trade statistics released by Brazil customs.
News ID: 4240    Publish Date : 2019/04/08

The Investor Mining & Tailings Safety Initiative has requested that over 600 resource companies, including major miners, reveal the safety records of their waste storage facilities, following the collapse of Vale’s Brumadinho dam in Brazil in January, which killed hundreds.
News ID: 4232    Publish Date : 2019/04/07

MMTC- India’s largest and state-owned trading house had floated export tender of 30,000 MT non-alloy Pig Iron on behalf of Neelachal Ispat Nigam Limited (NINL). The due date for submission of bids was till 26 Mar’19. and the shipment was scheduled between 10th-20th April 2019 from Paradip port.
News ID: 4190    Publish Date : 2019/04/04

Market sources shared with SteelMint that imported HRC offers to Vietnam have inched down this week by USD 5/MT. Disparity between HRC export offers from mills in China, India and lower bids resulted to slowdown in buying activities from Vietnam.
News ID: 4120    Publish Date : 2019/03/22

China's steel sector, and the imported iron ore upon which it relies, are currently locked in a struggle between largely bearish longer-term structural factors and short-term cyclical influences, some of which are bullish.
News ID: 4107    Publish Date : 2019/03/21

Brazil ’s Vale (NYSE:VALE) has halted operations at the Alegria iron mine in the Mariana complex of Minas Gerais state, which may remove up to 10 million tonnes a year from the market.
News ID: 4104    Publish Date : 2019/03/21

Brazil ’s state-controlled oil company Petroleo Brasileiro SA, or Petrobras, announced plans to cut $8.1 billion from its operational costs in the period from 2019 through 2023, according to a securities filing released on Friday.
News ID: 3940    Publish Date : 2019/03/10

Vale- world's largest iron ore miner post the dam collapse of 25th Jan is proceeding with decommissioning of Forquilha I, Forquilha II, Forquilha III and Grupo dams which is expected to affect around 3 MnT production loss in 2019.
News ID: 3938    Publish Date : 2019/03/10

Brazil ’s new right-wing government, led by former army captain Jair Bolsonaro, is going ahead with announced changes to current mining regulations, which include a controversial plan to open up indigenous reserves to mining.
News ID: 3927    Publish Date : 2019/03/09

JSW Steel - India's largest steel maker recorded Jan19 iron ore imports at 0.19 MnT, down significantly by 79% as against 0.91 MnT in Dec’18. The miner imported 0.19 MnT of ore from Australia (down 74% M-o-M), and recorded nil imports from Brazil .
News ID: 3916    Publish Date : 2019/03/09

Brazil 's pig iron exports increased by about 19% M-o-M in the first month of 2019, according to trade statistics released by Brazil ian customs.
News ID: 3915    Publish Date : 2019/03/09

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

Brazil ian 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

Brazil 's mining agency (ANM) has ordered Vale (NYSE:VALE) to suspend operations at its Fabrica and Vargem Grande complexes, as part of an ongoing crack down following last month's deadly dam break at the iron producer’s Corrego do Feijão mine.
News ID: 3692    Publish Date : 2019/02/21

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