Iron ore stocks News

We should see good demand for steel in Q4 of this year: TRK Rao ...

Jan. 4, 2019 / Iron ore fines mining news

Yesterday, we had made another price cut of Rs 300 for fines and Rs

Mineral Resources contradicts FMG over discounts

Jan. 31, 2018 / Iron ore fines mining news

This pricing situation along with stockpiles of iron ore products in excess of 150 million tonnes held in China make the iron ore fines business challenging,"

Iron ore prices surge to multi-year highs

Jan. 30, 2019 / Iron ore fines mining news

The price for 65% Brazilian iron ore fines rose 5.9% to $97.60 a

Vale to suspend operations at iron ore mines: Update

Jan. 30, 2019 / Iron ore fines mining news

The southern system fines are blended with the 65pc basis Vale

About Argus

Jan. 30, 2018 / Iron ore fines mining news

The six mines in Odisha, India's largest iron ore producing state, were ordered to halt production from 1 January after they failed to pay fines imposed by the Supreme Court last year. The penalties were imposed for excessive mining by several companies, including large steelmakers such as Tata Steel,

Closure of mines in Odisha creates shortage of iron ore: Icra

Jan. 30, 2018 / Iron ore fines mining news

The closure of six iron ore mines in Odisha has created a supply shortage of 5.5 million tonne, due to which the rates of lump ore have gone up by around Rs

Iron ore prices on fire as Odisha miners, NMDC hike prices

Jan. 3, 2018 / Iron ore fines mining news

Between October 2017 and the present, merchant miners in Odisha have raised the price of iron ore lump by 49 per cent and of fines by 59 per cent. In this period, NMDC increased the price by 35 per cent for lumps and eight per cent for fines. With Odisha and NMDC together accounting for 45 per cent of

China's steel sector profit growth slows in 2018

Jan. 28, 2019 / Iron ore fines mining news

An accident at mining company Vale's iron ore mine in Brazil has added to bullish iron ore sentiment, with the Argus ICX 62pc seaborne fines

Industries using iron ore want NMDC to roll back raw material price ...

Jan. 28, 2018 / Iron ore fines mining news

In a fresh representation made to NMDC, steel producers and sponge iron manufacturers have argued that the Rs 500 per tonne price hike of both grades of iron ore i.e. lumps and fines for January has raised input cost proportionately, which they are unable to pass on to user industries. Since the demand

NMDC urged to roll back iron ore Jan price hike by KISMA

Jan. 28, 2018 / Iron ore fines mining news

Business Standard reported that industries using iron ore like steel mills, sponge iron manufacturers have urged the government-owned miner NMDC Ltd to roll back the raw material price hike immediately. In a fresh representation made to NMDC, steel producers and sponge iron manufacturers have

Iron ore pellet makers want exclusive blocks at auctions

Jan. 26, 2018 / Iron ore fines mining news

Pellet plants have a combined installed capacity of 85 million tonnes across the country. However, hardly 50 per cent of the capacity is utilised and this is due to poor availability of iron ore fines at sustainable prices. Over 75 per cent of the pellet and steel plants don't have captive mines and are dependent

Vale's dam burst likely to affect iron ore prices - Platt's

Jan. 25, 2019 / Iron ore fines mining news

Iron ore prices may react next week following today's tailings dam breach at Vale's (NYSE:VALE) Corrego de Feijao iron ore mine in

Clarke jumps from health care into coal, iron ore

Jan. 23, 2018 / Iron ore fines mining news

Now he's started ERP Iron Ore LLC and Chippewa Capital Partners for his two Minnesota mining operations - the former Magentation operations based in Grand Rapids and the former

China iron ore spreads narrow as buyers focus on costs

Jan. 22, 2019 / Iron ore fines mining news

Most of them still prefer low grade ores," a Hong Kong iron ore trader

The CBA says the iron ore price surge won't last -- this chart explains ...

Jan. 22, 2019 / Iron ore fines mining news

Iron ore prices have been on a tear over the past couple of months,

About 22% hike in iron ore prices to increase production cost of steel

Jan. 2, 2018 / Iron ore fines mining news

On Tuesday, NMDC announced a Rs 500-increase in price of lump ore to Rs 3,100 per tonne, or up 20%, while fines will now be charged at Rs 2,760 per

Centre wants Odisha to ramp up iron ore output

Jan. 19, 2018 / Iron ore fines mining news

Business Standard reported that union mines ministry has exhorted Odisha's iron ore mine leaseholders to expand production to match the approved limits under environmental clearance.

Floating deals dominate China's seaborne iron ore trade

Jan. 19, 2018 / Iron ore fines mining news

Brazilian mining firm Vale reported sales of yuan-denominated portside cargoes on Corex in 2017, but did not give volumes. It plans to increase such sales this year. Vale is aiming to blend around 100mn t of its BRBF fines in China and Malaysia this year and sell a significant amount of these ores on the

Higher port prices bolster seaborne iron ore price

Jan. 18, 2018 / Iron ore fines mining news

The downward momentum in the seaborne iron ore market slowed on Thursday January 18 with strengthening port prices.

A significant shift is underway across iron ore markets

Jan. 17, 2019 / Iron ore fines mining news

Lower grade iron ore prices continue to surge, closing at fresh multi-year