10 Chinese coal producers have joined a UN program to promote the development and deployment of clean coal technologies. The move aims to reduce emissions and environmental pollution. But some analysts believe it will take a while for China to reduce its reliance on coal.
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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. Read More…
Chinese investment in an Australian iron ore project has been blocked by the Defence Department in a move that has angered the mining industry.
Defence has told mining company Western Plains Resources that it will not agree to Chinese partners investing in its Hawks Nest project 120km south-east of Coober Pedy in central South Australia.
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Steel Authority of India (SAIL) has made a policy to increase the sales price of a certain steel products. Increase the price of steel products 1.500/ton Rs. Steel products such increases, Hot Rolled (HR) and Cold Rolled (CR).
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Growth in iron ore demand, industrial production and steel production are iron ore pricing negotiations affect iron ore contract year. Iron ore producers and steel mills company to negotiate and determine the price of iron ore contract unilaterally, without any conditions set in the contract price of iron ore annually. Read More…
Iron ore prices in 2009 is commoditi mine who come to the attention of the iron ore producers and steel manufacturer company, because the iron ore producers and steel companies do not set a definitive price for the purchase of iron ore. Read More…
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 of iron ore.
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Iron ore trade reached a fantastic $ 100 ton. Iron ore prices this is the first time in nine months. Value is the price China must make do with talking back iron ore producers to get the iron ore contract prices offered by producers of iron ore.
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China’s leading steel industry group strongly opposes a joint venture deal consolidating iron ore assets of BHP Billiton and Rio Tinto in Australia, China’s influential Caijing Magazine reported.
It also said China Iron and Steel Association (CISA) General Secretary Shan Shanghua denied media reports that Chinese steel makers Read More…
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. Read More…
