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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.

Discovery 1 Billion Tons Iron Ore Mining Deposits In China Affect Indian Iron Ore Exports To China


In 2009, China is the largest iron ore importer of the world. Import demand of iron ore to China to support the production of steel factories of China. The discovery of deposits of iron ore mines in China, India’s influence over this as a supplier of iron ore to China. Indian iron ore exports to [...]

China Hebei Iron and Steel Group Win Approval For Merger


Three listed units of China’s Hebei Iron and Steel Group, the world’s fourth-largest steel maker, said on Tuesday they had won regulatory approval to combine, forming the country’s No.2 listed steel maker.
The Chinese government has sought to consolidate its fragmented steel industry, as it seeks to bulk up bargaining power in iron ore annual price [...]

CISA Receive Discounted Contract Price Of Iron Ore Is Less Than 40 Percent


Negotiating a contract price of iron ore between the mining companies that produce iron ore company with a Chinese steel has long been held. Discussion continues to be done to get the contract price of iron ore is beneficial for both parties.

China’s Shougang Group To Open New Steel Production in May


China’s Shougang Group will open its new steel mill on the northern Chinese coast this month that will make 4.85 million tonnes a year, the official Xinhua news agency reported on Saturday.

Chinese Steel Industry Increase Demand and Iron Ore Mine Import


A Chinese domestic steel mill, Tangshan Ganglu Iron and Steel Co., Ltd., has been using 100 percent imported iron ore in production since March — though in January, domestic iron ore made up for about 30 percent of the total raw materials.

Australian Centrex Metals Updates on Iron Ore Mining Project Development


Australian Centrex Metals Limited announced on February 27th 2009 the updates of its iron ore development projects planned to be implemented under JV with Chinese steel mills, projects which are located on Eyre Peninsula, South Australia.

Coal Mine Prices Stable in China In Supply Remain


Spot coal prices at China’s top coal port Qinhuangdao were largely flat from a week earlier, but uncertainties in supply remain and may push prices higher.

China Steelmaker Company Plans Decrease Of Produce Steel 10-20 Per Cent


Four big state-owned Chinese steel makers have agreed to cut production by as much as 20 percent, perhaps until year-end, in an effort to put a floor under falling product prices, a Chinese industry official said on Wednesday.
The four – Shougang Group, Hebei Iron & Steel Group, Anyang Iron & Steel and Shandong Iron & [...]