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NYK Signed A Contract With Rio Tinto For Iron Ore Transport From Western Australia To China
NYK is a leading transport company in the world, has a transmission facility ships products mines to various countries. NYK and Rio Tinto signed the cooperation contract for 20 years NYK fleet use to send the production of iron ore from Western Australia to China. Rio Tinto hopes cooperation contract with NYK unutk shipping iron [...]
India Globalization Capital Announces Two New Iron Ore Contracts Valued at $3 Million
India Globalization Capital, Inc., a company competing in the rapidly growing materials and infrastructure industry in India, today announced it was awarded two new Chinese iron ore supply contracts valued at $3.0 million. The orders total 60,000 metric tons of medium-grade iron ore, or 56-grade.
Rio Tinto Group Estimates Iron Ore Production Rose 7.5 Percent
Largest mining company Rio Tinto would predict an increase in iron ore demand from steel makers. Therefore, Rio Tinto will increase iron ore production of 7.5 percent. Rio Tinto iron ore will produce up to 210 million to 215 million metric tons in the second and third quarters. Production of iron ore was sourced from [...]
Selling Price Of Thermal And Coking Coal Expected To Increase In 2011
Selling price of thermal coal and coking coal is expected to rise in the year 2011. Mining trade analyst, Warren Edney estimated sales price of thermal coal to reach $ 75 per metric ton in 2011, while coking coal will be sold at $ 150 in the same period, an estimated increase in sales of [...]
STX Pan Ocean Signed Iron Ore Mines Shipping With A Mining Company Vale SA
Edaily reported, DJ Korea’s, STX Pan Ocean signed a cooperation contract with the mining and metals company Vale SA for the delivery of iron ore valued at $ 5 billion. STX Pan Ocean will send 12 million tons of iron ore per year to 13 million metric tons of iron ore. Contract iron ore shipping [...]
Tata Steel Plans Cooperation With Mining Companies In Vietnam And South Africa
Tata Steel is one of the largest steel manufacturer in the world. Tata Steel plans cooperation with mining companies in Vietnam and South Africa to develop iron ore mining exploration and coal. Cooperation aims to obtain supplies of iron ore and coal mines as a source of raw material that supports the production of steel [...]
India Iron Ore Production To Increase And Improve Port
The growth of steel industry in China, causing iron ore import demand of China continues to increase. The high iron ore demand in China’s industrial sector to create companies in China, especially the steel company, negotiated the purchase price of iron ore with some of the largest companies. Negotiate the purchase price of iron ore [...]
Chinese Steel Companies Won’t Different Iron Ore Prices For Brazilian and Australian
China won’t accept different prices for Brazilian and Australian iron ore as it did last year based on freight rates, a top China Iron & Steel Association official said Tuesday.
U.S Steelmaker to Slash Production Impact Global Crisis and Economic Slowdown
After posting record profits, steel makers are facing a harsh new reality: dwindling orders, production cuts, layoffs. And tougher times lay ahead, analysts say.
