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Steelmaker Japanese and Korean Agreed Iron Ore Prices With Brazilian Mining Companies, Vale
The Japanese and Korean steel company has agreed a contract price of iron ore sales for the year 2009. Iron ore price agreed decreased 28.2% compared to 2008. Iron ore prices agreed by Vale with Japanese and Korean steel companies.
The new price for iron-ore fines is 28,2% lower than that for 2008, while the price [...]
POSCO Makes Record Steel Price Cut On Import Threat
POSCO, the world’s No.4 steelmaker, unexpectedly cut its domestic product prices by up to 20 percent on Thursday, its biggest ever reduction, as a rebound in the Korean won threatened to open the door to cheaper imports.
Australian Mining Sector Forecast Iron Ore and Copper Mine Production Increase To June 2010
Australia forecast a strong rise in iron ore production and a 10 percent jump in copper mine output in the year to June 2010, even after factoring in a more prolonged economic slump that has already triggered supply curbs.
Australian Mining Companies Forecast Strong Increase Iron Ore-Copper Mine Production
Australia forecast a strong rise in iron ore production and a 10 percent jump in copper mine output in the year to June 2010, even after factoring in a more prolonged economic slump that has already triggered supply curbs.
Analysist Mining and Industry Sector : China’s Industry Sector Reopen Coal Mine Import After Deal Coal Prices Contract
A months-long dispute between Chinese coal miners and power generators over annual prices has unexpectedly opened the door to rising imports, despite lacklustre demand and a supply glut.
Two Biggest Mining Companies After Merge, An Ambition Becomes The Biggest Mine Company In World
Marius Kloppers is determined to win his $127bn battle to merge BHP Billiton and Rio Tinto, but must beat regulatory hurdles – and Rio’s opposition. Ruth Sunderland met a late starter who could become one of the globe’s most powerful men.
Marius Kloppers, chief executive of mining giant BHP Billiton, could be the patron saint of [...]
Severstal Resources, Rusian Steelmaker Mining Division Buys American Coal Miner for $1.3 Billion
Following in the footsteps of its bigger rival ArcelorMittal’s Brazilian acquisition earlier this week. Russian steelmaker OAO Severstal, through its mining division Severstal Resources, has agreed to buy American coal miner PBS Coals for about $1.3 billion in cash and also signalled its intention to acquire other assets in the continent.
Severstal will buy a combination [...]
Mining Exploration Result Price, Increase Price Of Iron Ore Mine Will Increase The Price Of Steel
Agreement big mining company, rio tinto and Asia consumer about increase of the iron ore price, enables the happening of indisposed emulation in sale of commerce process of mining products in world mining products market, especially iron ore mine proceeds sale.
Increase of the price iron ore mine will result the happening of increase the price [...]
Chinese Expand Mining Investment in Zimbawe
Chinese investors who were part of a recent visiting delegation are eyeing significant investments within Zimbabwe’s gold and platinum sectors, the Herald Business has gathered.
While no figures could be obtained, this paper understands that the Chinese are admirers of Zimbabwe’s mining industry, and were keen to pour in money.
The 22-member delegation, which consisted of mining, [...]
