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Cash Prices of Iron Ore Delivered to China Rises


The cash price of iron ore delivered to China, the world’s biggest buyer, rose to the highest in more than a year on demand from the nation’s steelmakers.
The cost of 62 percent iron-content ore delivered to the port of Tianjin increased 1.4 percent to $133.10 a metric tonne on Mar 1, the highest in at [...]

Australian Iron Ore Producer, Atlas Iron Would Sell 70 Percent Stake In Iron Ore Mines Ridley


Steel maker China, India, Korea and Japan are interested in buying stakes iron ore mine owned by Australian iron ore producer, Atlas Iron Ltd. Purchasing stakes iron ore mines in order to anticipate competitive iron ore demand from steel manufacturers of the world.

China’s Steel Production Increases, Demand For Iron Ore Imports Rose 12 Percent


Steel demand from car manufacturers and steel equipment, steel production resulting from China’s steel manufacturers to increase. Increased steel production affect the demand for iron ore imports into China. Increased imports of iron ore in the last month by 12 percent.
Increased demand for iron ore by steel manufacturers to anticipate the increase in iron ore [...]

Fortescue Metal Negotiations Iron Ore Mine Exports To Japan And Korea


Steel industry sector in Japan and Korea from year to year is always experienced growth, so that Japan and Korea is the country’s largest iron ore importer in the world other than China. Increased import of iron ore to Japan and Korea is to support the production of steel.

Spot Iron Ore Sales To China At 9-Mth Low In Aug


Spot iron ore vessel bookings to China in August by the world’s two biggest exporters, Australia and Brazil, fell to a 9-month low, indicating strong demand from the world’s top steel maker may be slowing as steel prices slump.

China Increase Purchases Of Iron Ore For Domestic Iron Ore Prices Get Cheaper


Growth of steel industry in China to make Chinese steel companies seek the company of iron ore mine that can provide cheaper prices. To get the price of iron ore is cheaper Chinese steel companies of trying to find domestic iron ore producers that can provide iron ore price is cheaper.

Iron Ore Price Contracts Trends in 2009


Global iron ore trade, which is dominated by companies like BHP and Rio Tinto and Vale of Brazil, is poised to see radical new price trends in 2009, thanks to production cuts and volatile market conditions in the last few months.

China Steel Company Talks With Iron Ore Mining Companies (Vale, Rio and BHP) About Iron Ore Price


China’s steelmakers are facing low demand and potentially disastrous oversupply, supporting their insistence on a 40 percent cut in benchmark iron ore prices, an industry group executive said on Tuesday.

Australian Mining Sector Forecast Iron Ore and Copper Mine Production Increase To June 2010


Australia forecast a strong rise in iron ore production and a 10 percent jump in copper mine output in the year to June 2010, even after factoring in a more prolonged economic slump that has already triggered supply curbs.