Iron Ore
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May 27, 2012 at 00:56 | Source: Business Standard
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* Spot iron ore prices hover around 6-1/2 month lows * China appetite sluggish; domestic steel prices extend losses SHANGHAI, May 25 (Reuters) - Spot iron ore prices edged up marginally but still hovered at 6-1/2 month lows as buying appetite ...
May 25, 2012 at 06:31 | Source: Reuters
PORT HEDLAND, Australia -(Dow Jones)- Fortescue Metals Group Ltd. (FMG.AU) is selling every ton of iron ore it produces, despite a recent sharp price decline, Chief Executive Nev Power said Friday. Furthermore, Fortescue's customers are taking ...
May 25, 2012 at 09:44 | Source: FOXBusiness
Iron ore and coking coal buyers in China are seeking to defer importing cargoes as domestic steel mills reduced output amid lower prices, according to Mirae Asset Securities Co. “Moderately improving demand can’t keep up with the surge in ...
May 21, 2012 at 08:59 | Source: Bloomberg
SYDNEY, May 25 (Reuters) - Iron ore company Centrex Metals on Friday more than tripled the estimated reserves at its prospect in southern Australia, a growing zone for new iron ore sources that is attracting increasing interest from Asian steel ...
May 25, 2012 at 05:05 | Source: Reuters UK
SYDNEY – Chinese buyers of iron ore appear to be holding back on purchases amid increasing global economic uncertainty, an analyst at consultancy Wood Mackenzie said Monday. Chinese buyers, mainly steelmakers, are also deferring shipments ...
May 21, 2012 at 05:53 | Source: FOXBusiness
SYDNEY (Reuters) - Rio Tinto is maintaining its plan to substantially increase iron ore production over the coming years, saying its global output capacity could almost double to 450 million metric tons (496.04 million tons) by 2016 from current ...
May 24, 2012 at 05:20 | Source: msnbc.com
KUALA LUMPUR: The slow progress in the formal award of iron-ore mining rights by the Terengganu government has caused discontent among several domestic steel players and prospective foreign investors. “Some local and foreign investors are clueless ...
May 25, 2012 at 23:27 | Source: star.com.my
THE rising middle class of China will continue to fuel demand for Australia's iron ore, according to Andrew Forrest, who says his Fortescue Metals Group is on track to triple output by next year. Opening the third berth of his company's operations at Port ...
May 25, 2012 at 13:55 | Source: The Australian
SYDNEY, May 24 (Reuters) - Rio Tinto , the world's No.2 producer of iron ore, sees no signs of a slowdown in demand from top consumer China and still plans to almost double its output of the steel-making ingredient by 2016. Slowing growth in ...
May 24, 2012 at 05:20 | Source: Reuters UK
Rio Tinto remains on track to expand its iron ore operations despite earlier indications from the mining giant's CEO, Tom Albanese, that at a certain period the company will temporarily slow down on its output plans. But at the moment, Rio Tinto ...
May 25, 2012 at 08:04 | Source: Int'l Business Times