BHP relents on boost in price of iron ore The New York Times

BHP relents on boost in price of iron ore The New York Times

Apr 14, 2005 · The announcement surprised some analysts, who had said that the global race to secure supplies of key commodities like iron ore had given BHP the upper hand in negotiations with buyers in Japan

Mining Starts As Prices Fall For Australia''s  Forbes

Mining Starts As Prices Fall For Australia''s Forbes

Sep 01, 2014 · It''s been a good newsbad news sort of day for Gina Rinehart, Australia''s richest person, with mining starting at a new iron ore project in which she has a 70% interest just as the iron ore price

COMMODITIESIndustrial goods, oil, gas get slammed as

COMMODITIESIndustrial goods, oil, gas get slammed as

Feb 07, 2020 · SINGAPORE, Feb 7 Industrial goods from jet fuel and iron ore to rubber and sulphuric acid are sliding towards their lowest prices in weeks, months or

Overview of the Steel and Iron Ore Market

Overview of the Steel and Iron Ore Market

the robust start of 2018 is likely to be followed owing to the launch of new mills in Vietnam and India, as well as lower Chinese exports, which allowed other China''s steel and iron ore market Steel price trends Input raw material price trends Global steel trade statistics.

Weak export volumes keep iron ore prices high

Weak export volumes keep iron ore prices high

Australia''s biggest iron ore miners have completed their weakest February export performance in five years, bolstering prices for the nation''s most lucrative commodity through a period marked by

China: Beijing''s Limitations in Affecting Global Commodity

China: Beijing''s Limitations in Affecting Global Commodity

Jul 01, 2009 · Talks to set a new benchmark price for iron ore between the China Iron and Steel Association (CISA) and Australian miners BHP Billiton and Rio Tinto passed a June 30 deadline without an agreement, technically leaving the Chinese steel companies at least temporarily dependent on spot prices, which have risen some 20 percent since Rio Tinto struck a pricing deal with the Japanese in

This Morning in Metals: U.S. Steel Mills'' November

This Morning in Metals: U.S. Steel Mills'' November

Jan 11, 2019 · This morning in metals news, U.S. steel shipments in November surged on a yearoveryear basis, the next chief of Nippon Steel and Sumitomo Metals Corp. hopes to

Iron ore pricing system near collapse as talks go on

Iron ore pricing system near collapse as talks go on

Jun 30, 2009 · China overtook Japan as the single biggest buyer of iron ore in 2003. Until then, benchmark prices had usually been set by Japanese or European steelmakers.

FOCUS: Why China''s steel prices are increasing despite

FOCUS: Why China''s steel prices are increasing despite

"Brazil''s iron ore supply drop in February may keep China''s import prices at high levels, which makes it hard for mills to gain profits," the first industry analyst said. "Many steel mills are likely to be seeing zero margins now, so they need to keep steel prices from dropping further," he added.

Iron ore price talks with China in tatters

Iron ore price talks with China in tatters

Iron ore price talks with China in tatters. By John Garnaut. Steel makers in Japan, Korea and other nations outside China agreed last month to a 33 per cent cut in the benchmark contract price

Analysis: China steel margins skating on thin ice S&ampP

Analysis: China steel margins skating on thin ice S&P

Melbourne — Chinese steelmakers have seen their margins eroded due in large part to seaborne iron ore prices rising by around 70% since the start of the year. But margins for domestic hotrolled coil sales were already under pressure before Vale''s iron ore tailings dam incident on January 25, and the cyclone that hit Australia''s Pilbara region in March, caused iron ore prices to start their

Steel Business Briefing

Steel Business Briefing

The latest daily steel industry news and prices from SBB, detailed coverage of current steel markets plus monthly steel reports, forecasts and research.

Kobe Steel to launch in India The Economic Times

Kobe Steel to launch in India The Economic Times

The new company will have an equity base of Rs 40 lakh. It will sell steel rolling mills, continuous casters, nonferrous rolling mills and presses. More sgnificant, KMI will also be the scouting for opportunities to extend its activities into steel manufacturing at a later stage.

Rio, BHP to push for 80 pct iron ore hike Reuters

Rio, BHP to push for 80 pct iron ore hike Reuters

Mar 05, 2010 · Rio, BHP to push for 80 pct iron ore hike. with the mining houses amid price talks, the analysts said steel mills were warming to the idea of an 80 percent rise in contract prices next year

Mining exports to offset virus hit: Debelle

Mining exports to offset virus hit: Debelle

Indeed, iron ore and coal prices have been resilient." "Disruptions to Chinese domestic production of iron ore and coal have been a factor in this, which has resulted in more use of imported

Country''s insatiable demand robs Japanese steel firms of

Country''s insatiable demand robs Japanese steel firms of

Oct 26, 2004 · Country''s insatiable demand robs Japanese steel firms of ability to set prices : China alters the balance at iron ore talks the price of iron ore was a

History of the iron and steel industry in the United

History of the iron and steel industry in the United

The US iron and steel industry has paralleled the industry in other countries in technological developments. In the 1800s, the US switched from charcoal to coke in ore smelting, adopted the Bessemer process, and saw the rise of very large integrated steel mills.In the 20th century, the US industry successively adopted the open hearth furnace, then the basic oxygen steelmaking process.

China steel mills cutting scrap use favors iron ore prices

China steel mills cutting scrap use favors iron ore prices

"The iron ore price remains elevated, as China''s steel makers consume less scrap," the analysts said. "Steel mills'' profit margins have come down, and steel scrap is more expensive compared with the variable cost of producing hot metal in a blast furnace."

FMG hardens its stance on discount China Daily

FMG hardens its stance on discount China Daily

This year''s iron ore price negotiations hit a deadlock in June after CISA insisted on a better discount on 200809 prices after a 33percent cut in benchmark iron ore prices had been set with

Japan''s steelmakers wait for China to set ore prices

Japan''s steelmakers wait for China to set ore prices

Apr 28, 2006 · Japan''s steelmakers wait for China to set ore prices As the talks over this year''s iron ore price drag on, Chinese authorities have stepped up their warning to steel mills not to sign

China set to buckle on iron ore price NewsComAu

China set to buckle on iron ore price NewsComAu

news China set to buckle on iron ore price. CHINA''S attempts to force a bigger cut in iron ore prices appear to have failed, in another blow to Beijing, which is already reeling after the

BHP walks away from mining megamerger Business The

BHP walks away from mining megamerger Business The

Nov 25, 2008 · BHP walks away from mining megamerger a 96% increase in iron ore prices in negotiations with Chinese steel mills. But, as talks start for

China: Beijing''s Limitations in Affecting Global Commodity

China: Beijing''s Limitations in Affecting Global Commodity

Jul 01, 2009 · Talks to set a new benchmark price for iron ore between the China Iron and Steel Association (CISA) and Australian miners BHP Billiton and Rio Tinto passed a June 30 deadline without an agreement, technically leaving the Chinese steel companies at least temporarily dependent on spot prices, which have risen some 20 percent since Rio Tinto struck a pricing deal with the Japanese in

Iron ore talks due despite China deadlock

Iron ore talks due despite China deadlock

The talks are looming as China''s iron ore imports slump, falling 15 per cent in August to 49.6 million tonnes, the lowest level this year, as the country produces a growing glut of steel thanks to

Iron ore pricing system near collapse as talks go on

Iron ore pricing system near collapse as talks go on

Jun 30, 2009 · China overtook Japan as the single biggest buyer of iron ore in 2003. Until then, benchmark prices had usually been set by Japanese or European steelmakers.

China: Beijing''s Limitations in Affecting Global Commodity

China: Beijing''s Limitations in Affecting Global Commodity

Jul 01, 2009 · Talks to set a new benchmark price for iron ore between the China Iron and Steel Association (CISA) and Australian miners BHP Billiton and Rio Tinto passed a June 30 deadline without an agreement, technically leaving the Chinese steel companies at least temporarily dependent on spot prices, which have risen some 20 percent since Rio Tinto struck a pricing deal with the Japanese in

Iron ore pricing system near collapse as talks go on

Iron ore pricing system near collapse as talks go on

Jun 30, 2009 · China overtook Japan as the single biggest buyer of iron ore in 2003. Until then, benchmark prices had usually been set by Japanese or European steelmakers.

Material Matters: Virus Impact On Commodity Prices FNArena

Material Matters: Virus Impact On Commodity Prices FNArena

Feb 19, 2020 · In terms of iron ore, given softer demand in China and reduced steel production, prices have dropped. But the fall in prices will be limited, since the market is still recovering from the supply shock of Vales dam failure last year and the company will struggle to increase production this year.

China iron ore price hike report seen as posturing Reuters

China iron ore price hike report seen as posturing Reuters

Mar 04, 2010 · A Chinese media report that global miners are offering Chinese steel mills a 50 percent rise in iron ore prices was dismissed as posturing by analysts, who

Historic Agreement Ends 40 Year Old Iron Ore Benchmark as

Historic Agreement Ends 40 Year Old Iron Ore Benchmark as

Mar 30, 2010 · Historic Agreement Ends 40 Year Old Iron Ore Benchmark as Miners Get ShortTerm Pricing Contracts. the largest buyer of iron ore, is still in price talks with the three biggest producers.

Iron ore prices climb to new cyclical highs Business Insider

Iron ore prices climb to new cyclical highs Business Insider

May 13, 2019 · Iron ore prices climbed to fresh multiyear highs on Friday. The benchmark price for 62% fines rose to $97.24 a tonne, a level not seen since July 7, 2014.

China iron ore price hike report seen as posturing Reuters

China iron ore price hike report seen as posturing Reuters

Mar 04, 2010 · A Chinese media report that global miners are offering Chinese steel mills a 50 percent rise in iron ore prices was dismissed as posturing by analysts, who

coking coal prices set to plunge in japan talks

coking coal prices set to plunge in japan talks

Kumba profit plunges on low iron ore price Undefined variable: post in . coking coal prices set to plunge in japan talks ball grinding mill equipment for cement industry coal mining in taiwan roc distributor colloid mill jakarta Chat Online. CONTENTS. Weekly CR China Coking Coal Price Index Analysis and Forecast Yanzhou Coal says

Iron Ore Prices Back To The $90s Not For Too Long

Iron Ore Prices Back To The $90s Not For Too Long

Iron ore pushed higher through the first half of 2019, hitting a peak of US$126 in July due to the Vale Brumadinho mine disaster. However, from August a recovery in supply, and softer demand from

COMMODITIESIndustrial goods, oil, gas get slammed as

COMMODITIESIndustrial goods, oil, gas get slammed as

Feb 07, 2020 · SINGAPORE, Feb 7 Industrial goods from jet fuel and iron ore to rubber and sulphuric acid are sliding towards their lowest prices in weeks, months or

China defiant ahead of iron ore talks Financial Times

China defiant ahead of iron ore talks Financial Times

Oct 16, 2009 · China on Friday took a defiant stand ahead of annual iron ore contract price negotiations with global miners, rejecting proposals for a sharp rise in the price of the key steelmaking ingredient

Steel industry in China Wikipedia

Steel industry in China Wikipedia

Australian iron ore producers were not happy that iron prices did not reflect Spot market pricing. In 2010 pressure from BHP Billiton and Rio Tinto to move to a quarterly based index pricing succeeded. Many Japanese steel mills and Chinese steel companies had to follow as demand for raw materials heated up.

Analysis: China steel margins skating on thin ice S&ampP

Analysis: China steel margins skating on thin ice S&P

Melbourne — Chinese steelmakers have seen their margins eroded due in large part to seaborne iron ore prices rising by around 70% since the start of the year. But margins for domestic hotrolled coil sales were already under pressure before Vale''s iron ore tailings dam incident on January 25, and the cyclone that hit Australia''s Pilbara region in March, caused iron ore prices to start their

coking coal prices set to plunge in japan talks

coking coal prices set to plunge in japan talks

Kumba profit plunges on low iron ore price Undefined variable: post in . coking coal prices set to plunge in japan talks ball grinding mill equipment for cement industry coal mining in taiwan roc distributor colloid mill jakarta Chat Online. CONTENTS. Weekly CR China Coking Coal Price Index Analysis and Forecast Yanzhou Coal says

Mining Starts As Prices Fall For Australia''s  Forbes

Mining Starts As Prices Fall For Australia''s Forbes

Sep 01, 2014 · It''s been a good newsbad news sort of day for Gina Rinehart, Australia''s richest person, with mining starting at a new iron ore project in which she has a 70% interest just as the iron ore price

November 2007 Japan Metal Bulletin

November 2007 Japan Metal Bulletin

Nov 30, 2007 · Japan Major Steel to Start Pretalk for Iron Ore Price Negotiation. Nov 27, 2007. Iron and steel JMBPLUS. Flat HBeam Price in Tokyo. Nov 27, 2007. Iron and steel JMBPLUS. Mitsubishi to Expand Steel Mill Order Receipt. Nov 27, 2007. Iron and steel JMBPLUS. Japan Steel Scrap Composite Prices (Sangyo Press) 03/26/2020. H2

Iron ore talks due despite China deadlock

Iron ore talks due despite China deadlock

The talks are looming as China''s iron ore imports slump, falling 15 per cent in August to 49.6 million tonnes, the lowest level this year, as the country produces a growing glut of steel thanks to

Logistics Woes Drive Indian Mills to Buy Iron Ore Overseas

Logistics Woes Drive Indian Mills to Buy Iron Ore Overseas

Oct 10, 2018 · Steel mills in India are increasingly tapping the global market for iron ore as they find it difficult to transport the key raw material from local mines, and demand for the metal surges in

Steel industry in China Wikipedia

Steel industry in China Wikipedia

Australian iron ore producers were not happy that iron prices did not reflect Spot market pricing. In 2010 pressure from BHP Billiton and Rio Tinto to move to a quarterly based index pricing succeeded. Many Japanese steel mills and Chinese steel companies had to follow as demand for raw materials heated up.

TIMELINEThe history of modern iron ore trading Reuters

TIMELINEThe history of modern iron ore trading Reuters

Jan 20, 2010 · Two months into annual talks to settle 2010 iron ore prices between the mining behemoths of Australia and Brazil and their customers in Asia, rising spot prices

Historic Agreement Ends 40 Year Old Iron Ore Benchmark as

Historic Agreement Ends 40 Year Old Iron Ore Benchmark as

Mar 30, 2010 · Historic Agreement Ends 40 Year Old Iron Ore Benchmark as Miners Get ShortTerm Pricing Contracts. the largest buyer of iron ore, is still in price talks with the three biggest producers.

BHP ''in talks with Gabon'' about Belinga iron ore project

BHP ''in talks with Gabon'' about Belinga iron ore project

BHP Billiton is in talks with the government of Gabon about obtaining the rights to the country''s biggest iron ore deposit, according to unnamed sources close to the deal quoted in a Bloomberg report. Prices stable on lack of activity some mills look to export sales. Mar 25, 2020 @ 19:24 BHP ''in talks with Gabon'' about Belinga iron