Iron Market News provides iron investors with the latest up-to-date market news and trends on topics ranging from supply and demand, iron prices, regional events, and upcoming conferences.

Spot Iron Ore Falls to Lowest Price in a Week

Friday, February 10, 2012

Reuters Africa reported spot iron ore prices fell to its lowest price in a week on thin demand from China.

Western Australia Court Gives Unions Okay to Recruit at Rio Tinto Iron Ore Mines

Friday, February 10, 2012

Reuters reported unions in Western Australia now have the court’s permission to recruit members at Pilbara region iron ore mines.

Kumba Says Long-Term Iron Ore Outlook Positive

Thursday, February 9, 2012

Mining Weekly reported Kumba Iron Ore (FWB:KUI) said the long-term iron ore outlook is good with demand expected to improve.

Rio Tinto Approves $3.4 Billion Iron Ore Expansion

Wednesday, February 8, 2012

Bloomberg reported Rio Tinto Group (ASX:RIO) and partners approved a $3.4 billion expansion of its iron ore operations in Western Australia.

Mittal Iron Ore Deal Imminent

Tuesday, February 7, 2012

Mining Weekly reported ArcelorMittal (JSE:MIT) is seeking government approval before moving to buy an unnamed iron ore resource.

Cliffs Natural Resources is Cheapest Takeover Target in North America

Tuesday, February 7, 2012

Bloomberg reported Cliffs Natural Resources (NYSE:CLF) may be the next takeover target in the iron industry since it is currently the cheapest miner.

Magnitogorsk May Sell Iron Ore Project

Monday, February 6, 2012

Bloomberg reported a Russian steel company, Magnitogorsk (LSE:MMK) may sell its iron ore property.

Spot Iron Ore Ticks Higher

Monday, February 6, 2012

Reuters reported iron ore is expected to rise slightly this week as Chinese steel mills return to work and stock up on the metal.

Spot Iron Ore Reaches Two-Month High

Friday, February 3, 2012

Reuters Africa reported spot iron ore prices in China reached a two-month high on Friday.

What Possible Glencore, Xstrata Merger Means for Iron Ore

Friday, February 3, 2012

Reuters reported a merger between Glencore (LSE:GLEN) and Xstrata (LSE:XTA) will likely target iron ore as high margins tempt the potential mining behemoth.

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