Search Results
Higher Demand For Iron Ore Expected From China, Japan And The EU
Demand for iron ore and coal is expected to grow next year, reflecting higher steel production, pushing Australia’s output close to capacity.
The Australian Bureau of Agricultural & Resource Economics said world trade in iron ore would increase by 8 per cent to 987 million tonnes in 2010, compared with an estimated rise of 2 per [...]
JSW STEEL Allows For Changes Standard The Price Of Iron Ore, Next Month
Sajjan Jindal said India’s No. 3 steel maker would import coking coal at an average price of $100 a tonne, about two thirds below last year’s price, while iron ore from leading domestic miner NMDC would likely be cheaper by a third.
China Industry Sector Growth and Usage Energy Future
Growth of sector industry in China, the biggest in world, so that China hardly requires available of energy to support growth of sector industry. To fulfill availibility of energy inside the country, Government China does some things, for example by raw material import energy coal and source of other energy.
China Cut Demand Prices Brazilian and Australian Iron Ore Shipment
China’s steel producers will demand price cuts of around 40% for Brazilian and Australian iron ore to be delivered starting April, according to a Chinese newspaper report, but analysts doubt prices will drop that much.
BHP Billiton Will Cut Iron Ore Production 25% on Demand
BHP Billiton Ltd., the world’s largest mining company, may need to cut iron ore production by about a quarter next year as a slump in global steel output curbs demand for the raw material, Merrill Lynch & Co. said.
BHP, the world’s third-biggest iron ore producer, may curb output from mines in Western Australia by [...]
India Central Government fixes 8% export duty on iron ore
The central government on Friday night is understood to have fixed an 8 per cent ad valorem duty on the export of iron ore fines, but Goan mine owners don’t see this as a respite.
Recently the Union government had announced export duty of Rs 200 per tonne of iron ore, while retaining 15 per cent [...]
Arch Coal’s Report Earning Coal Product Increase
Coal-producing Arch Coal Inc. said Monday its third-quarter earnings more than tripled, beating Wall Street’s expectations. But the miner lowered its earnings outlook for the year, citing near-term softening of coal demand.
“Despite a near-term softening of coal demand, we remain on pace to deliver our best financial performance in company history,” said Steven Leer, Arch’s [...]
BHP Billiton Reports Copper Mine Exploration Result in Chile To Drop
Supplies from Escondida, the world’s biggest copper mine, increased 18 percent in 2007.
BHP Chief Executive Officer Marius Kloppers said “For the next two years, we’ve got a 10 to 15 percent production decline, and then we’ll resume the trajectory it was on earlier.”
Declining mine quality, insufficient power supplies and labor unrest have curbed copper production [...]
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 [...]
