China steel, iron ore extend losses as output data renews glut woes
  Release time: 2017/04/17 17:04:00
The output data came as the government also said the world's second-largest economy grew at 6.9 percent in the first quarter, slightly faster than expectations.Last week, trade data revealed that a relentless in...

China has suspended coal imports from DPRK: Customs
  Release time: 2017/04/14 16:22:00
The action was in accord with the UN Security Council Resolution 2321, which took effect on that date, GAC spokesperson Huang Songping told a press conference.A total of 2.7 million metric tons of coal was impor...

Iron Ore in Bear Market: It’s All About China
  Release time: 2017/04/13 16:15:00
It’s no wonder the mood on the street in China is positive.However, tightening policies have been progressively put in place to curb property speculation and price growth within select cities, and new fixed ass...

Iron ore enters bear market territory
  Release time: 2017/04/11 08:08:00
According to Metal Bulletin, the spot price for benchmark 62% fines fell a further 1% to$74.71 a tonne on Monday, building upon the 6.8% decline registered on Friday that was the largest one-day loss in over a y...

China's COSCO shipping lines opens new service for Northern Europe, Med...
  Release time: 2017/04/10 15:24:00
Addressing the opening ceremony in Istanbul, Tian Dong, vice president of COSCO Shipping(Europe), described the new direct service as a"milestone"for the shipping lines, as it is provided by a Chinese company fo...

Iron ore output may have reached 200 MT in FY'17: Mines Secy
  Release time: 2017/04/07 14:41:00
We did 129 million tonnes(of iron ore output)in 2014-15.In 2015-16, we did 156 million tonnes(MT)and in 2016-17 we hope to touch 200 million tonnes(provisional), Mines Secretary Arun Kumar said during the Global...

Magnetite Mines makes a play for Lodestone
  Release time: 2017/04/07 14:39:00
The framework agreement gave Magnetite Mines an exclusive period to negotiate a share sale and purchase agreement for Lodestone through until the end of December, however, the transaction was expected to be sett...

Rio Tinto projects expected to create more than 1000 WA construction jobs
  Release time: 2017/04/06 16:58:00
Development projects underway at Rio Tinto's new Silvergrass mine and its pre-existing West Angelas and Yandicoogina mines were expected to create more than 1000 construction jobs in the state, the company's sta...

Small miners under big pressure if iron ore price falls
  Release time: 2017/04/06 10:57:00
However, now some are trying to diversify to survive and dodge the next likely downturn in a highly cyclical market.Thanks to China's stimulus spending and policy changes-including coal mine and steel mill shutd...

Iron ore drops below $80 a tonne again
  Release time: 2017/04/05 16:46:00
In the latest session, the spot price for benchmark 62% fines gained barely 0.09 cents to$79.45.The consultant, with more than 25 years of experience in exploration and mining geology, particularly in the iron o...

India’s SAIL to record highest ever iron-ore production
  Release time: 2017/03/31 17:50:00
He said the rising iron-ore production was in line with SAIL’s increase in hot metal production.The bulk of the incremental production of the raw material was contributed by a new mine that was opened up during...

Kryvy Rig council permits Black Iron to design land allotment plan for ...
  Release time: 2017/03/31 17:49:00
According to the press release of Black Iron, Shymanivske Steel LLC, Black Iron's wholly owned Ukrainian subsidiary, runs the project.In July 2013, Metinvest, Ukraine's largest mining and steel group, has reache...