Baoshan Iron & Steel Co. declared that it plans to sell $731.7 million worth of three-year notes on the interbank market Tuesday. For full story, click here
Read the full article: "Baoshan Iron and Steel will sell CNY5 bln 3..."
Friday, June 26, 2009
Vale has agreed with Nu-Iron Unlimited, a unit of U.S.-based Nucor, a reduction of 48.3 percent in the price of iron pellets for 2009. For full story, click here
Read the full article: "Vale has agreed pallet price cut of 48% with..."
Thursday, June 25, 2009
Brumby Resources Limited declared that initial first pass drilling has commenced at it’s DSO iron ore exploration targets on its 100% owned Pardoo East Project in the Pilbara region of Western Australia. For full story, click here
Read the full article: "Brumby Resources declared updates on Pardoo..."
Thursday, June 25, 2009
Anglo American, the mining company that rejected Xstrata Plc’s proposed merger two days ago, may seek a partner to invest in its $3.6 billion Minas-Rio iron ore mine in Brazil. For full story, click here
Read the full article: "Anglo American has considered investor for..."
Thursday, June 25, 2009
More than half of India’s exports to China are iron ore. Beijing is also heavily dependent on supplies from Australia, Japan and South Korea to feed its high speed industrial growth. For full story, click here
Read the full article: "China has discovered Asia’s leading..."
Wednesday, June 24, 2009
India may lose its competitiveness in the Chinese market if the government levies the market-linked royalty and export duty proposed on iron ore, announced R K Sharma, secretary general, Federation of Indian Mineral Industries. For full story, click here
Read the full article: "Levies has made Indian Iron Ore less..."
Wednesday, June 24, 2009
Domestic iron ore price slipped in April with the accumulative decrement reaching CNY 10 per tonne to CNY 50 per tonne. For full story, click here
Read the full article: "Monthly Report on Chinese Iron Market for..."
Wednesday, June 24, 2009
The Mayawati government on Tuesday has set the ball rolling in the Centre’s court over bleak power situation in the state when it asked for specific provisions while allocating coal blocks for various thermal power stations. For full story, click here
Read the full article: "Centre must ensure adequate supply of Coal..."
Tuesday, June 23, 2009
Brazilian iron ore miner MMX declared that it received a nonbinding offer from China’s Wuhan Iron And Steel Inc for a minority stake in it and its subsidiary MMX Sudeste Mineracao. For full story, click here
Read the full article: "Brazilian Iron Ore Miner MMX has got offer..."
Tuesday, June 23, 2009
Australia on Tuesday lifted its forecast for iron ore exports by 0.3 percent to 338.4 million tonnes in the 2009/10 financial year, but warned of weaker international demand from steelmakers hit by the financial slump. For full story, click here
Read the full article: "Australia has lifted 09/10 Iron Ore Export..."
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Friday, June 26, 2009