Seaborne iron ore markets began 2020 with a supply deficit, but the Wuhan virus
An accident at mining company Vale's iron ore mine in Brazil has added to bullish iron ore sentiment, with the Argus ICX 62pc seaborne fines
In a fresh representation made to NMDC, steel producers and sponge iron manufacturers have argued that the Rs 500 per tonne price hike of both grades of iron ore i.e. lumps and fines for January has raised input cost proportionately, which they are unable to pass on to user industries. Since the demand
Business Standard reported that industries using iron ore like steel mills, sponge iron manufacturers have urged the government-owned miner NMDC Ltd to roll back the raw material price hike immediately. In a fresh representation made to NMDC, steel producers and sponge iron manufacturers have
It will also be greeted with dismay by the wider mining industry, which has been trying
Pellet plants have a combined installed capacity of 85 million tonnes across the country. However, hardly 50 per cent of the capacity is utilised and this is due to poor availability of iron ore fines at sustainable prices. Over 75 per cent of the pellet and steel plants don't have captive mines and are dependent
Iron ore prices may react next week following today's tailings dam breach at Vale's (NYSE:VALE) Corrego de Feijao iron ore mine in
Now he's started ERP Iron Ore LLC and Chippewa Capital Partners for his two Minnesota mining operations - the former Magentation operations based in Grand Rapids and the former
They've since spent billions of dollars on fines and cleanup costs,
Most of them still prefer low grade ores," a Hong Kong iron ore trader
Iron ore prices have been on a tear over the past couple of months,
Similarly, in Odisha, iron ore fines are bought from private miners at Dabuna, which are beneficiated and sent through slurry pipelines to
Similarly in Odisha, iron ore fines are bought from private miners at Dabuna beneficiated and sent through slurry pipeline to Paradip for
On Tuesday, NMDC announced a Rs 500-increase in price of lump ore to Rs 3,100 per tonne, or up 20%, while fines will now be charged at Rs 2,760 per
Business Standard reported that union mines ministry has exhorted Odisha's iron ore mine leaseholders to expand production to match the approved limits under environmental clearance.
Brazilian mining firm Vale reported sales of yuan-denominated portside cargoes on Corex in 2017, but did not give volumes. It plans to increase such sales this year. Vale is aiming to blend around 100mn t of its BRBF fines in China and Malaysia this year and sell a significant amount of these ores on the
The downward momentum in the seaborne iron ore market slowed on Thursday January 18 with strengthening port prices.
Lower grade iron ore prices continue to surge, closing at fresh multi-year
Vale (NYSE:VALE), the world's largest iron ore producer, confirmed Wednesday it is in talks with BHP Billiton over the future of their Samarco joint venture, including the possibility of the Brazilian miner taking full ownership. During a meeting with investors and analysts in Sao Paulo, Vale's investor relations
The company is claiming that the global iron ore industry starts the new