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China Import Demand For Iron Ore And Coal Affect Australian Iron Ore And Coal Export
China’s preliminary November trade data are painting a supportive picture for Australian iron ore and coal exports. Iron ore import flows are back to the long-term growth trend, while China’s coal exports were down 30% month on month and are down 47% year on year, with export tonnage being diverted into China’s strengthening domestic market.
Mining Stock, U.S. Coal Mining Companies Share Fell After Macquarie Research Downgraded
Stock in U.S. coal mining companies fell on Wednesday after Macquarie Research downgraded the sector to ‘neutral’ from ‘overweight,’ saying it believes demand for seaborne metallurgical, or steel-making, coal in China is slowing.
Analyst Curt Woodworth also said the fundamentals for thermal coal, used mainly by utilities to generate electricity, continued to worsen and he expected [...]
Nickel Prices Increase 31 percent Gets Support From Stainless Steel Demand
Nickel rose by almost 31% this month. This rise was seen due to the increase in demand for stainless steel and strike at Vale’s Sudbury operations in Canada and the halt to construction work at Papua New Guinea’s nickel project being particularly notable.
India Mining Industry Will Reach a Total Value of US$45.40Bn
India is home to a myriad of metals and minerals. Globally, the country is the largest producer of sheet mica, the third largest producer of coal, the fourth largest producer of iron ore and the fifth largest producer of bauxite. Besides these natural resources, India also hosts significant reserves of copper, zinc,
gold and about 26 [...]
China Became the World’s Largest Supplier of Gold, Surpassing South Africa
The China Mining Report provides industry professionals and strategists, corporate analysts, mining associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on China’s mining industry
China Strategy To Get Lower Iron Ore Price Next Year
Iron ore prices in 2009 is commoditi mine who come to the attention of the iron ore producers and steel manufacturer company, because the iron ore producers and steel companies do not set a definitive price for the purchase of iron ore.
Price Of Iron Ore Reached The Highest Price $ 100 Per Ton
Iron ore trade reached a fantastic $ 100 ton. Iron ore prices this is the first time in nine months. Value is the price China must make do with talking back iron ore producers to get the iron ore contract prices offered by producers of iron ore.
Iron Ore Price Unstabilized, Baosteel Plan To Increase Price Of Steel Products
Baosteel likely raise steel product prices of around 9 – 13 percent next month. According to analyst at Guotai & Junan Securities, Cui Jingyi, the decision Baosteel raised steel product prices due to Baosteel agree iron ore price discount that is agreed ole Rio Tinto and Japanese steel mills.
Assosiasi Steel Company Africa Difficulty To Make Decision For Expansion Steel Industry and Steel Company
Last year proved to be a tough one for the stainless steel industry, the Southern Africa Stainless Steel Development Association (Sassda) said on Friday, after figures for 2008 were released.
The data showed that despite a good start to the year, the final few months proved difficult and the industry “took a knock”, Sassda said.
