By Kishori Krishnan Exclusive To Iron Investing News Iron clad deals are in play. Chinese steel and iron ore group Baosteel has proposed to pay US$ 1.6 billion for a 30 per cent stake in Anglo American‘s (AAL.L) huge Minas Rio iron ore mine in Brazil. Traders maintain that any deal with Baosteel could help [...]
Continue reading "Baosteel To Edge Out Xstrata in Anglo American?"
Friday, August 7, 2009
Iron ore prices topped $110 into China this week as the country’s steel mills kept soaking up material, although some market participants expressed concern over the speed of a near doubling in prices since April lows. For full story, click here
Continue reading "China Iron Ore Prices Topped $110, Surged 10% on Week"
Wednesday, August 5, 2009
Private Chinese metals company Xiyang Group has planned to develop a huge Russian iron ore mine from April 2010. For full story, click here
Continue reading "Chinese Firm will develop 1 bln T Russian Iron Mine"
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
Tuesday, May 12, 2009
China’s April iron ore imports touched an all-time peak of 57 million tonnes. For full story, click here
Continue reading "China April Iron Ore Imports have touched 57 mln tonnes"
Wednesday, May 6, 2009
China’s iron ore imports surged to a new high of 53.5 million tonnes in April, up 24.2 percent from a year earlier. For full story, click here
Continue reading "China’s April Iron Ore Imports have hit record 53.5 mln T"
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Monday, October 5, 2009