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India Iron Ore Producers Wait Iron Ore Export Tax Policy
Iron ore producers in India reducing iron ore trade transactions recent weeks, because the iron ore producers wait for a decision setting the iron ore export duty issued by the Indian government. Indian government policy on iron ore export tax in order to strengthen the steel industry sector in the country.
Coal Prices And Iron Ore Prices Rose Significantly
Winter and snow that occurred in some parts of China affect the mining exploration activities in China, so that mining production decreased. Decrease in mining production from China to change the status of China became an importer exporter of mining raw materials.
Low spot iron ore and coking coal prices should benefit NMDC and JSW Steel
Historically, the commodity cycle follows the economic cycle and this time is no different. The liquidity crisis and its cascading effect on real economies across the world have pulled down prices of commodities, including iron ore and coking coal.
Iron Ore Mine Price and Demand Future
“A combination of declining Chinese mine grades, increasing Indian export regulation, an evolving iron ore marketing landscape and ongoing rail and port infrastructure constraints should serve to keep iron ore markets finely balanced,” RBC said in the report dated Sept. 24.
The broker is forecasting a 15 percent gain in prices for the year starting [...]
Saudi Arabia Crude Oil Increase More Produce This year
Saudi Arabia — the world’s top crude exporter — called the gathering Sunday to send a message that it, too, is concerned by high oil prices inflicting economic pain worldwide.
Instead, the meeting highlighted the sharp disagreement between producers like Saudi Arabia and consuming countries like Britain and the United States over the core factors driving [...]
Coal Price In World Market and Trade Higher
As consumers struggle to get used to $4-a-gallon gasoline, there’s another source of energy that is becoming more expensive: coal.
The price of a ton of Central Appalachian coal on the futures market was $42.65 a year ago and has risen to around $96, according to figures from the U.S. Energy Information Administration. That increase comes [...]
Pressure on oil companies grows to end gas flaring in Nigeria
For three minutes, on the day last May when Royal Dutch Shell released its first quarter earnings figures, a flame shot high into the air in front of the company’s head office in The Hague, scorching a human chain of about 40 protesters that circled it, a few meters away, to block police efforts to [...]
LNG projects need close government scrutiny
Utilisation of Papua New Guinea’s massive gas resources has entered a critical phase following the cancellation early this year of the project to pipe natural gas to Australia.
As indicated in previous columns much attention needs to be given by the government to rational and early development of an liquefied natural gas project as the only [...]
Beattie calls for support on clean coal
THE Federal Government needed to support clean coal technologies instead of nuclear power to set a world example in tackling global warming, Queensland Premier Peter Beattie said today.
Mr Beattie today called on Prime Minister John Howard to act on damning international scientific reports blaming harmful greenhouse gas emissions for climate change by supporting the state’s [...]
