May 23, 2019 08:19 AM IST
Iron ore prices have crossed $100 per tonne and the bullish view is they could go higher. But don’t close your eyes to the risks.
- Jan 30, 2019 03:21 PM IST
Vale's move comes after disaster struck after one of Vale's tailing dams in Brazil burst, killing at least 65 people with hundreds still missing.
- Nov 27, 2018 03:34 PM IST
Disturbance in nickel production in Brazil might act as a boost for prices in the near term
- Sep 16, 2015 10:55 AM IST
On challenges, the report said increasing regulatory pressure, uncertainty on mine allotments after passing of the MMDR Amendment Act, 2015, along with increased competition and growing threat from imports of iron ore are some of the issues that may impact the company's performance.
- May 06, 2015 01:14 PM IST
In an interview to CNBC-TV18, Chintan Mehta, Metal Analyst, Sunidhi Securities shares his views on metals and his preferred stocks going ahead.
- Apr 13, 2015 11:52 AM IST
Spot iron ore has lost 60 percent over the past 12 months, dropping below USD 50 a tonne this month for the first time since a key index pricing began in 2008, amid a glut as mega miners Vale, Rio Tinto and BHP Billiton expanded production.
- Jul 22, 2013 10:01 AM IST
From the big miners' point of view their low cash costs mean they will make money until the price of ore falls below USD 50 a tonne. It is the smaller miners that will suffer as the price falls
- Jun 07, 2013 09:56 AM IST
Concern about transparency in oil pricing has triggered European regulators to launch the biggest cross-border trading probe since the Libor interest rate scandal.
- Apr 05, 2013 09:06 PM IST
Karnataka expects to reopen 19 iron ore mines this fiscal year, which were shut by a court in 2011, increasing supplies to local steel mills by 30 million tonnes, the head of its mines department said.
- Oct 10, 2012 07:35 AM IST
Iron ore prices have jumped more than 12 per cent since the end of China's Golden Week holiday as traders and steel mills in the country return to the market.
- Mar 23, 2011 08:25 AM IST
Sony Corp cut output at five more plants and Toyota Motor Corp delayed restarting assembly lines, as the global supply of parts and products began to feel the full impact of Japan's catastrophic earthquake.
- Feb 01, 2011 03:10 PM IST
Resource-hungry Asian states are locking horns with steelmaker ArcelorMittal and miner Vale to develop the world's largest untapped coking coal deposit in Mongolia, as they scramble for raw materials to produce steel.
- Jan 31, 2011 08:13 AM IST
POSCO, the world's No 3 steelmaker, said on Sunday that it has agreed with Brazilian miner Vale to jointly seek to develop a coal mine in Mozambique.