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03 September 2015
Rio Tinto is maintaining its positive view on the long-term demand outlook for iron ore on the continual growth in steel production in China and steel demand in other emerging markets.
02 September 2015
The economic signals from China suggest a further slowing of growth in the past couple of months.
Chile’s iron ore production capacity is expected to reach 33.3 million tpy by 2026, according to a report published by the national copper commission, Cochilco.
Vale used Metal Bulletin’s 62% Fe iron ore index for its tender of Lump Ore Non-screened Tubarao (LONT) product on Wednesday September 2, sources told Steel First.
Vale has concluded the sale of its 36.4% stake in Brazilian subsidiary Minerações Brasileiras Reunidas (MBR) to Fundo de Investimento em Participações Multisetorial Plus II (FIP Plus II), it said on Tuesday September 1.
Here are the key numbers in the iron ore market on Wednesday September 2, at 7pm Singapore time.
The seaborne iron ore market stayed quiet on Wednesday September 2 before a three-day national holiday in China to commemorate the end of the Second World War.
Nearly all iron ore miners in northern China’s Hebei province will be wiped out in 2016 if prices for the steelmaking raw material do not rise from current levels, but fall instead.
China’s steel and steelmaking raw materials futures were largely flat during morning trading on Wednesday September 2, ahead of a one-off national holiday in the country.
01 September 2015
Brazil saw its iron ore export volumes fall by 4% year-on-year in August, according to figures released by the country’s foreign trade ministry, MDIC, on Tuesday September 1.
Metal-processing technology provider Outotec will deliver a new iron ore beneficiation plant to Iran’s Khorasan Steel, the Finnish company said on Tuesday September 1.
Here are the key numbers in the iron ore market on Tuesday September 1, at 7pm Singapore time.
The Singapore Exchange (SGX) saw an active launch day for its new swaps and futures contracts for iron ore lumps.
BHP Billiton, the second-largest iron ore producer in Australia, has lowered its forecast for China’s steel production for the next ten years by as much as 15%
The seaborne iron ore market remained steady on the first day of September, supported by robust prices at Chinese ports.
The seaborne iron ore concentrate market continues to experience lacklustre demand, with premiums falling slightly over the week ended August 28.
China’s steel and steelmaking raw materials futures edged up during morning trading on Tuesday September 1 on the country’s improving steel purchasing managers’ index (PMI).
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14-16 September 2015
17th September 2015