Australian mining stocks at 3-year high on iron, steel rally
  Release time: 2017/11/08 17:21:00
Mining companies and metal producers gained in Sydney on Tuesday, pushing the bourse’s mining index to a three-year high following a strong rally in Chinese iron and steel prices on Monday.BlueScope Steel was a...

Iran Steel Exports Slow Down
  Release time: 2017/11/06 16:40:00
The export volume for Mehr, the seventh month of the year(Sept.23-Oct.22), stood at 437270 tons, down 18% year-on-year.In stark contrast, Mehr shipments dropped 15% to 24710 tons, a far cry from ESCO’s 73000-to...

Crude price recovery lifts PetroChina
  Release time: 2017/11/01 17:34:00
With the other two mainland oil majors－CNOOC and Sinopec－also reporting higher third-quarter numbers, industry analysts expected the strong rebound to continue in the fourth quarter of the year also.It is also...

Iran Looks to Expand Aluminum Production
  Release time: 2017/10/30 16:45:00
Exporting natural gas as liquefied natural gas(LNG)is a profitable business, but building the infrastructure is costly.An alternative is building an aluminum smelter, which is also costly but arguably yields a h...

Vietnam, Lao sign iron ore mining contract
  Release time: 2017/10/26 17:10:00
Speaking at the event, Chairman of the COECCO Board of Directors Nguyen Chinh Nghia said the project will be run in the Lao province of Xaysomboun and help raise revenues for the Laos’state budget.He pledged to...

Rare earth prices set to see more declines
  Release time: 2017/10/18 17:20:00
Traders are selling their existing stocks as the State Reserve Bureau, which manages China's strategic stockpiles, did not purchase any rare earths in September and dampened expectations of higher prices, said X...

Iron ore prices rebound after China trade data
  Release time: 2017/10/16 16:49:00
It comes after the spot price last week fell below$US60 for the first time since June.National Australia Bank FX strategy head Ray Attrill said the gains were driven by China trade data released last week, which...

Asian iron ore prices slide 20% from August peak
  Release time: 2017/10/09 17:48:00
The spot market price of Australian iron ore, a benchmark in Asia, has reached a three-month low of about$62 per ton, dropping over 20% from a recent peak in late August.Australian coking coal is hovering around...

CRU: Steel Scrap Prices Will Come Under Pressure From Electrodes Shortage
  Release time: 2017/10/09 17:35:00
Higher electrode costs will drive scrap prices lower A global shortage of graphite electrodes has stemmed from the environmental closures of manufacturing capacity in China, which has in turn acted to tightened ...

Mineral mapping backs up China's mining sector recovery
  Release time: 2017/09/27 18:24:00
Minister Jiang Daming made the remarks at the 2017 China International Mining Congress held Saturday in North China's Tianjin？municipality.He said the mining sector had recovered from the doldrums, with the 201...

World's largest bulk carrier launches in Qingdao
  Release time: 2017/09/21 17:54:00
At 362 meters long, 65 meters wide and 30.4 meters deep, and a deck equivalent to three soccer fields, it's 25 meters longer than the world's largest aircraft carrier USS Gerald R.Compared with other huge ore ca...

China iron ore extends losses after steeper fees hit steel
  Release time: 2017/09/12 17:24:00
The higher fees followed a rally in rebar futures last week to their highest since 2013 amid strong volumes, which the China Iron and Steel Association said was largely driven by speculative investors.Iron ore h...