UN Security Council sets up cap on coal
  Release time: 2016/12/05 10:47:00
The council sets an upper limit on the DPRK's coal exporting, saying the total exports from the DPRK do not exceed 400.9 million U.After the council adopted the resolution, UN Secretary-General Ban Ki-moon said ...

FMG officiall launched its first Very Large Ore Carrier
  Release time: 2016/12/05 10:13:00
Shanghai, Tuesday, 29 November 2016: Fortescue Metals Group (Fortescue) has officially named its first Very Large Ore Carrier (VLOC) at a ceremony in Jiangsu Province, China. 　　The first of Fortescue’s VLOCs ...

Ten Chinese coal producers sign long-term contracts to stabilize prices
  Release time: 2016/12/02 09:28:00
Ten companies followed suit at the national coal trade fair held in Hebei Province on Thursday.The buyers were mainly thermal power stations and steel makers.As of Nov.30, the Bohai-Rim Steam-Coal Price Index, a...

Iron ore prices surge
  Release time: 2018/09/07 12:36:00
According to Metal Bulletin, the spot price for benchmark 62% fines jumped 2.4% to$68.39 a tonne, adding to the gains achieved in the previous two sessions.Vivek Dhar, Mining and Energy Commodities Analyst at th...

Dalian iron ore extends gains despite Tangshan output curbs
  Release time: 2018/09/07 12:35:00
The city of Tangshan said on Wednesday it will continue to carry out anti-pollution measures in September by ordering steel mills, coke producers and power generators to shut part of their production.The rally o...

FMG calls the bottom of iron ore price discounts
  Release time: 2018/01/30 17:40:00
The miner revealed its iron ore had achieved just 66 per cent of the benchmark iron ore price during the three months to December 31.A far cry from the period between 2014 and 2016 when Fortescue's product typic...

Shippers benefit as China laps up Brazilian iron ore
  Release time: 2018/01/03 17:20:00
To combat severe winter smog, China has slashed iron ore output, pushing steel mills in the world’s second biggest economy to import more high-grade ore.While Australia is the top iron ore exporter to China wit...

Chinese economic performance helps Australia make bolder budget surplus...
  Release time: 2017/12/20 17:45:00
China has been credited as a key player in the positive forecast with the country's strong manufacturing sector contributing to Australian commodity prices, notably that of iron ore, being higher than forecast.T...

Ship built by GSI for Australia’s FMG named Matilda
  Release time: 2017/12/18 17:12:00
I name you‘FMG Matilda’as you sail the waters of the world.May you bring happiness to the crew and may you bring prosperity and pride to the ship owner and all, said Godmother Julie Shuttleworth, deputy CEO of...

SC lifts annual iron ore mining ceiling in Karnataka to 35 million tonnes
  Release time: 2017/12/15 17:55:00
The major beneficiary would be JSW Steel, which has been spending heavily to bring ore from the eastern states.Thirteen mining leases in Karnataka had filed a petition before the SC in May 2016, urging for an en...

China approves coal mine project in Inner Mongolia
  Release time: 2017/12/14 16:43:00
Production capacity at the open-pit mine is planned at 15 million metric tons per year, according to the National Development and Reform Commission(NDRC).The government has pledged that it will strictly control ...

Japanese ferrous scrap price rises $36/mt in monthly auction
  Release time: 2017/12/14 16:38:00
The winning bid in the auction held by the Kanto Tetsugen grouping of scrap dealers around Tokyo was Yen 36126/mt free alongside ship for 15000 mt.The auction attracted 19 bids for a total of 140600 mt of scrap....