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Selling Price Of Iron Ore To China Reaches Price $ 110


Price of iron ore sales to China reached $ 110 price, price increase iron ore than twice the price of iron ore in April $ 58. Price increase iron ore import demand due to rising iron ore to China. The development of industry and construction sector in China is the cause of the increased demand [...]

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 [...]

Rio Prediction Of Negotiation The Price Of Iron Ore Will Increase


Mining giant Rio Tinto Ltd says annual iron ore price negotiations with its customers will become increasingly harder as it moves away from selling the valuable commodity under long term contracts and looks to take advantage of high spot prices.
The company’s iron ore chief executive Sam Walsh told an Australian Institute of Company Directors lunch [...]