The spot prices of Indian iron ore fines for exports surged by another 1% on July 30th 2009 breaching the psychological barrier of USD100 per tonne CNF Chinese port. For full story, click here
Read the full article: "Indian Iron Ore CIF Spot Breach $100 mark"
Thursday, July 30, 2009
Steel Orbis declared that Iran’s state owned miners produced 6,210,215 tonnes of iron ore in the Q1 of the current Iranian year up 3% from the same period in 2008. For full story, click here
Read the full article: "Iranian Iron Ore Output in Q1 surged by 3%"
Thursday, July 30, 2009
Vale SA, the world’s biggest iron- ore producer, said second-quarter profit slipped 84 percent after the global economic crisis curbed demand and prices for the steelmaking raw material. For full story, click here
Read the full article: "Vale Profit slipped 84% as Iron Ore Price..."
Thursday, July 30, 2009
The state government on Wednesday has assured to crackdown on iron ore traders who evade paying value added tax to the Commercial Taxes department. For full story, click here
Read the full article: "Crack Down On Iron Ore Traders Evading VAT"
Wednesday, July 29, 2009
ArcelorMittal South Africa declared that it would like to source up to 4 million tonnes of iron ore from the expansion of Kumba Iron Ore’s Sishen mine if it wins a legal case between the companies. For full story, click here
Read the full article: "Arcelor Mittal South Africa has eyed 4 mln T..."
Wednesday, July 29, 2009
According to a trader, Taiwan’s import price of pig iron is settled at USD 345 per tonne. For full story, click here
Read the full article: "Taiwan Pig Iron Import Prices has climbed to..."
Wednesday, July 29, 2009
ArcelorMittal, the world’s biggest steelmaker, declared that it was not purchasing any iron ore on a spot basis and all its ore purchases were based on traditional contracts. For full story, click here
Read the full article: "Arcelor Mittal declared that it is not..."
Wednesday, July 29, 2009
BHP Billiton declared the terms it has agreed with a range of iron ore customers for the 2009 contract year. These terms vary and reflect the specific needs and requirements of each customer, consistent with our marketing approach. For full story, click here
Read the full article: "BHP Billiton has updated on Iron Ore..."
Tuesday, July 28, 2009
By Kishori Krishnan Exclusive To Iron Investing News Global commodity demand appears to be bouncing back. Miners, who had been savagely affected by the recession as customers slammed the brakes on spending and relied on the backlogs in their warehouses, are also reporting a pick-up. Steadily rising prices for key commodities such as copper and [...]
Read the full article: "Demand Bouncing Back"
Tuesday, July 28, 2009
Australia-based mineral development company Strike Resources declared that it had reached a settlement with its Peruvian partners about its interest in a company that owns iron-ore projects in that country. Strike chairperson John Stephenson stated: This is a very positive outcome for Strike. It concludes a frustrating episode for the company, during which partner disputes [...]
Read the full article: "Strike has settled Iron-Ore Dispute with..."
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Friday, July 31, 2009