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China Iron And Steel Association Opposes Iron-Ore Producers Increase Iron Ore Price in 2010
The China Iron and Steel Association (CISA) strongly opposes the attempt by foreign miners to increase benchmark iron ore prices by 80-90 percent in 2010, it said in a statement on Tuesday.
“On the afternoon of March 11, Eurofer (the European steel industry association) made a statement on its website strongly opposing the intention of iron [...]
Australian Asked China Not Influence Annual Contract Negotiations Iron Ore Prices
The Australian Government through the Minister for Trade Simon Crean urged the government of China is not involved in the process of negotiating a contract setting the annual iron ore price is being done by the iron ore producers and steel makers.
Simon Crean says, “We’re not going to get involved. I have made a point [...]
BHP Billiton and JFE Steel Agreement Affect Coking Coal and Iron Ore Prices increases 55 percent
BHP Billiton and JFE Steel have agreed on an annual coking coal prices and iron ore prices, thus affecting coking coal prices reach 55%. Agreements have been made by BHP Billiton and JFE Steel are valid for fifteen months, starting in April and June. Agreements made by the largest mining producers and the largest steel [...]
BHP Billiton Reached Agreement Coking Coal Sales with Europe and Asia Costumer
Coking coal mining company BHP Billiton has reached a deal volume of hard coking coal sales to customers in Europe and Asia for the year 2010. Asian countries agree on the purchase of coking coal from BHP Billiton, among others, China, India and Japan. All three countries are the largest steel producers in Asia and [...]
Australian Iron Ore Sales Expected to Increase 21 Percent
Australia, the world’s largest iron ore exporter, is forecast to boost sales 21 percent next fiscal year as prices gain.
Exports may be A$35 billion ($31 billion) in the 12 months ending June 30, 2011, from A$29 billion this year, the Canberra- based Australian Bureau of Agricultural and Resource Economics said today in a report. Total [...]
Chinese Return to Market, Iron Ore Spot Prices Up 5 percent
Spot iron ore traded 5 percent higher when Chinese players returned to the market after week-long holidays, market sources said on Tuesday.
Traders reported one Capesize cargo of 62 percent Pilbara iron ore changed hands on Monday at $136 a tonne on a Cost Insurance Freight China basis, while a 50,000-tonne cargo of Indian material grading [...]
China Steel Company Leadership to Prepare Talks Contract Iron Ore Prices
China steel company leadership prepared to have a meeting with the mining company’s largest iron ore supplier to determine the contract price of iron ore in 2010. Discussion planned in April 2010. However, from both sides – producers of iron ore and steel companies – have delivered their desire for change in contract iron ore [...]
Iron Ore Pricing In 2010: Mining Companies Wants Iron Ore Price Rise 40 percent
The issue of iron ore pricing in 2010 has begun. Iron ore mining company will deliver iron ore producers to raise iron ore prices by 40 percent. Reasons for iron ore price increase due to the increase in operational funding iron ore production and estimates will be increased demand for iron ore in 2010.
China Steelmakers Companies to Buy Coking Coal From CONSOL Energy
Coking coal producers United States, CONSOL Energy has sent a coking coal to China. Source of coking coal is shipped to China from Bailey coal mines in Blacksville Northern Appalachia. Coal sales to China was represented by Xcoal mining companies.
