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The Future System Of Annual Benchmark Iron Ore Price


Iron ore trade system in 2009, is a bad year. Negotiations between producers and importers of iron ore, iron ore walk a lot. Even end up having to involve the court over the case to deliver information that is confidential.
Iron ore price negotiations went a lot because of iron ore importer, China refuse iron ore [...]

India Mining Industry Will Reach a Total Value of US$45.40Bn


India is home to a myriad of metals and minerals. Globally, the country is the largest producer of sheet mica, the third largest producer of coal, the fourth largest producer of iron ore and the fifth largest producer of bauxite. Besides these natural resources, India also hosts significant reserves of copper, zinc,
gold and about 26 [...]

Steel Company Proposes Changes To The System Iron Ore Contract Prices


Tensions that occur between iron ore producers in the world Rio Tinto and Chinese steelmaker to give experience to the company’s iron ore producers and steel companies to set up a system of iron ore sales contracts more transparent.

Assosiasi Steel Company Africa Difficulty To Make Decision For Expansion Steel Industry and Steel Company


Last year proved to be a tough one for the stainless steel industry, the Southern Africa Stainless Steel Development Association (Sassda) said on Friday, after figures for 2008 were released.
The data showed that despite a good start to the year, the final few months proved difficult and the industry “took a knock”, Sassda said.

China Steel Company and Mining Companies Negotiation on Iron Ore Price With World Iron Ore Giants


China is likely to kick off its negotiation with the world’s iron ore giants on iron ore prices after the Spring Festival, Chinese Lunar New Year, according to market guess.

Coal Mine Producer, Peabody Reported Fourth Quarter Earning 2008


Before market opens on Tuesday, one of the world biggest coal producer, announce reported earning for the fourth quarter and full-year 2008.

Australian Contract Price Iron Ore and Coking Coal Export to Halve as Chinese Growth Slumps


The crisis and the effects on the domestic economy are expected to deepen as commodity prices fall because of reduced global demand.

Mining Market Analysts : Australia’s Rich Exports Iron Ore Mine 2009


Lucrative Australian exports such as iron ore face a tough year as flatlining global growth and sluggish demand are set to topple resource prices from extravagant highs, analysts said.

Mining Exploration and Commodity Trends in 2009


The year 2008 is coming to an end on a positive note for commodities sector as it continues to outperform equities and other financial investment options. In India, commodities sector led by oil, mining and metals have been found to be the greatest wealth generators beating IT sector and real estate in the game.