Articles Tagged "import"

Steel Ministry for higher duty on Iron Ore

The Steel Ministry declared that it is understood to be pushing for 15 per cent export duty on iron ore, besides a similar percentage of import duty on vital steel items to protect the interests of the domestic steel industry. For full story, click here

Australian Govt. Backing Supports Iron

By Kishori Krishnan Exclusive To Iron Investing News Shares in WA’s mid-west iron ore miners and explorers lifted after the Federal Government committed $339 million towards the $4 billion Oakajee port. The government matched funding offered by the WA state government in its 2009/10 federal budget handed down on Tuesday, bringing the total government commitment [...]

China’s iron ore import soars high dimensions

China’s iron ore import rose to new high in three consecutive months just playing in the hand of overseas mining giants. Iron ore talk touched an impasse apparently, but foreign miners’ secret advancing plan starting from last year end has taken effect. For full story, click here

Uptick From China Bolsters Hope for Iron

By Kishori Krishnan Exclusive To Iron Investing News Ahead of contract talks, iron-ore miners are seeking a price rise. On the horizon is a firmer demand in China, which has ensured that despite concerns about the length and depth of the global recession, iron ore miners are pushing for as much as a 5 per [...]