Bloomberg reported returns for capesize ships that haul iron ore and coal advanced for a second session, with increased demand from Japan.
Continue reading "Iron Ore Ship Rents Climb on Port Congestion, Japan Steel Demand"
Friday, August 26, 2011
Bloomberg reports increased imports of iron ore and coal to Japan are boosting shipping rates for dry-bulk vessels.
Continue reading "Shipping Rates Boosted by Rebuilding in Japan, Lorentzen Says"
Thursday, May 5, 2011
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.
Continue reading "Disrupted coal/iron ore flows and Japan quake hit dry bulk rates"
Friday, April 22, 2011
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.
Continue reading "Nippon Steel, Wuhan Iron to Establish Joint Venture in China"
Monday, April 4, 2011
Bloomberg reports copper, iron ore and beef are likely to benefit from rising demand in Japan.
Thursday, July 16, 2009
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
Continue reading "Iron Ore Price Negotiations signed Japanese Ink Pact with NDMC"
Thursday, June 11, 2009
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
Continue reading "BHP Billiton, Japan has agreed 33% Iron Ore Price Cut"
Wednesday, April 29, 2009
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
Continue reading "Japan 2008 Iron Ore Imports dip by 50%"
Thursday, April 2, 2009
By Kishori Krishnan Exclusive to Iron Investing News The talks haven’t borne fruit, as yet. Even as news comes filtering in that China has landed a 40 per cent price cut with the Top Three ore miners, final iron ore talks for fiscal 2009/2010 have yet to see the light of day. Shan Shanghua, secretary-general [...]
Continue reading "Iron Ore Prices To Linger Low"
Tuesday, March 17, 2009
By Kishori Krishnan Exclusive to Iron Investing News Rio Tinto Ltd. (LON:RIO) gave a gloomy assessment of global commodity markets Tuesday, saying there is unlikely to be much of a rebound this year and warning the downturn will continue to hit its profits. The downbeat outlook reinforces the company’s message that it needs to proceed [...]
Continue reading "Rio Tinto Deal with Chinalco in Australian Hands"
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Wednesday, September 21, 2011