China Casts Doubt on Iron Ore Prices
Iron ore prices were on the rise last week, but the latest figures out of China may upset this gain.
Article Directory
Iron Mining in Australia
Australia is the second largest producer of iron ore, and with increasing iron demand, its market is poised to remain stable.
Iron Market Update (March 15, 2012)
A brief overview of iron price developments, supply and demand, and significant market movers.
2012 Iron Ore Market Outlook
Robust steel demand from China and a rising consumer confidence in the US could buoy the iron ore market in 2012
2011 Iron Ore Market Trends
Iron ore prices hit record highs in early 2011, only to fall in the second half of the year on reduced demand steel demand for China. Nonetheless, iron ore producers seized the opportunity to invest in the expansion of their current iron ore projects across the globe.
Steel Demand Boosts Iron Prices, Caution Remains
The price of iron ore has made a 26 percent gain over since hitting a low in late October. However many are cautious that the gains will be short lived because of the soft demand for steel.
Nigeria’s Iron Production
Nigeria is looking to diversify its minerals and mining sector to reduce the dependence on oil as a source of national revenue. The West African country is looking to produce 2 million tonnes of iron ore in 2012 through the state owned National Iron Ore mining Co. Ltd.
Expanding Iron Ore Supply Weighs on Price
By 2015 iron ore production is set to grow by 53 percent. This has worried investors that falling prices will hurt the bottom line of some of the world’s largest mining firms. Recent movements in share prices have reflected these concerns. Yet the heads of the BHP, Vale, and Rio Tinto remain confident.
Rio Tinto’s Iron Operations
Rio Tinto is the second largest iron producer in the world. Last year the company’s net earnings for it iron division totaled over $10 billion. In this article we look at the company’s iron operations, exploration, and analyst predictions.
3 Factors Iron Investors Should Consider
Concerns about the future of the iron market are growing. Investors considering their next move may want to consider oversupply, China's electricity and Japan's steel industry.
