South Korea, Japan Invest in Australian Iron Ore Project
Reuters reported Marubeni Corp (TYO:8002), POSCO (NYSE:PKX) and STX Corp (SEO:01181) will buy 30 percent of an Australian iron ore project for A$3.5 billion.
Articles Tagged "japan"
India Reconsiders Iron Ore Exports to Korea, Japan
Platts reported India is considering exporting iron ore to South Korea and Japan again.
Iron Ore Ship Rents Climb on Port Congestion, Japan Steel Demand
Bloomberg reported returns for capesize ships that haul iron ore and coal advanced for a second session, with increased demand from Japan.
Shipping Rates Boosted by Rebuilding in Japan, Lorentzen Says
Bloomberg reports increased imports of iron ore and coal to Japan are boosting shipping rates for dry-bulk vessels.
Disrupted coal/iron ore flows and Japan quake hit dry bulk rates
Platts reports that Genco Shipping and Trading (NYSE:GNK) said disruptions to iron ore exports and the Japanese earthquake contributed to lower dry bulk freight rates last quarter.
Nippon Steel, Wuhan Iron to Establish Joint Venture in China
Bloomberg reports that Nippon Steel Corp. (TYO:5401) and Wuhan Iron & Steel Group (SHA:600005) will invest 24 billion yen ($293 million) to set up a tinplate venture in China.
Japan Quake Recovery, Atomic Concerns Drive Demand for Copper, Iron, Beef
Bloomberg reports copper, iron ore and beef are likely to benefit from rising demand in Japan.
Iron Ore Price Negotiations signed Japanese Ink Pact with NDMC
It is declared that five large Japan steel mills namely Nippon Steel, JFE, Sumitomo Metal, Kobe Steel and Newsteel, touched 2009 iron ore contract price with NMDC of India on July 10th 2009. For full story, click here
BHP Billiton, Japan has agreed 33% Iron Ore Price Cut
Japan’s Nippon Steel and have agreed with BHP Billiton to cut fine iron ore prices by 33 percent, matching a benchmark deal reached with Rio Tinto. For full story, click here
Japan 2008 Iron Ore Imports dip by 50%
Japanese ministry of finance declared that iron ore imports into the country were 5.858 million tonnes, an approximately 50% dip from the same period of 2008. For full story, click here
