-
World's top miners including Vale, Rio Tinto, and BHP all expressed their commitments to higher-grade iron ore supplies on noting China's greater appetite for such products, according to their officials when presenting at the SGX' Singapore Iron Ore Forum on May 24.
-
Chinese steel mills and iron ore suppliers should be working towards a mutually-beneficial iron ore pricing scheme for the sustainable development in the long run for both parties, Liu Zhenjiang, Secretary General of the China Iron & Steel Association (CISA) said at the Singapore Iron Ore Forum on May 24.
-
China produced 36.72 million tonnes of coke in April, up 3.2% on month but down 3.6% on year, the latest data from the National Bureau of Statistics (NBS) showed on April 15.
-
Shanghai Clearing House (SCH) in East China's Shanghai Municipality launched the Chinese Yuan-priced iron ore swaps on May 7, just three days after the iron ore international trading commenced on the Dalian Commodity Exchange.
-
Member steel mills of the China Iron and Steel Association (CISA) posted a total gross profit at Yuan 56.9 billion ($9 billion) over January-March, but a few adverse factors will challenge the industry for the rest of the year, according to CISA's Q1 steel industrial performance press release issued on April 27.
-
Shaanxi Coal Industry Company, listed on Shanghai stock exchange, posted a 5.2% year-on-year increase in coal output to 25.3 million tonnes over Q1 with the majority being thermal coal, and its sales up 3.5% on year to 31 million tonnes, according to the company's quarterly report on April 26.
-
Anglo American's iron ore output dropped 6% on year to 13.9 million tonnes in January-March because of the two pipe leakage accidents at its Brazilian mine Minas-Rio in March, according to its quarterly report released on April 24.
-
The Australian miner Fortescue Metals Group (FMG) produced 39.1 million tonnes of iron ore for January-March, which was down 4% on quarter and 2% lower on year because of adverse weather, according to the company's latest quarterly report on April 24.
-
The Australian miner BHP produced 67 million tonnes of iron ore at its major mining sites in Pilbara, Western Australia, in January-March on a 100% basis, which was down 6% on quarter but 8% up on year, according to its quarterly report released on April 19.
-
China produced 103 million tonnes of coke and 805 million tonnes of coal in the January-March quarter, according to the latest production report from the National Bureau of Statistics (NBS) on April 17. The Q1 coke output total was 3.2% lower on year though the raw coal total was 3.9% up on year, the data shows.
-
China's Dalian Commodity Exchange (DCE) will start the international trading of its iron ore futures on May 4 upon the approval of the China Securities Regulatory Commission (CSRC), an official confirmed on April 13.
-
China's March iron ore imports climbed by 1.5 million tonnes or 1.8% month on month to 85.8 million tonnes, according to the latest statistics released by the country's General Administration of Customs on April 13.
-
The four key raw materials dispatch ports in Australia's North Queensland of Weipa, Abbot Point, Mackay and Hay Point were closed on Tuesday as the latest cyclone of the season, Iris, intensified, Mysteel has learned. All four ports are administered by North Queensland Bulk Ports Corporation Limited (NQBP).
-
A raw material transmission belt for a blast furnace of Tianjin Iron & Steel Group (Tiangang) was caught on fire sometime on the afternoon of April 2, no casualties have been reported so far and the impact on the mills' operations remains unclear, Mysteel understands from market sources on Monday.
-
Steelmakers operating blast furnaces Wu’an, a county-level city of Handan city in North China’s Hebei province, might have to endure disruptions to their operations for much longer, Mysteel has learned.
The Wu’an city government had earlier instructed steelmakers in the city to cease production between March 16-31 in its battle against
-
Shenzhen-listed Pangang Group Vanadium & Titanium Resources Company, a subsidiary of Panzhihua Iron & Steel Group headquartered in Panzhihua city in Southwest China's Sichuan province, swung firmly back into profit last year, ending three successive years of financial losses.
-
The temporary shutdown of all blast furnaces in Wu'an, Handan city of North China's Hebei province, starting March 16 is expected to reduce iron ore consumption by 1.3 million tonnes and coke by 200,000 tonnes, according to Mysteel's survey on the affection in steelmaking raw materials.
-
Vessel dispersal at Port Hedland, the large iron ore port in Australia, has resumed at 0830hrs local time on the morning of March 15 after "minor interruptions" overnight due to a helicopter crash, according to a formal statement by the Pilbara Ports Authority on March 15.
-
China's fixed asset investment (excluding rural households) increased by 7.9% during January-February, compared with the first two months of last year to Yuan 4.5 trillion ($708 billion), according to new National Bureau of Statistics (NBS) data released on March 14.
-
Over January-February, both China's pig iron output and coke production fell, by 1.7% and 2.7% year on year respectively amid the four-month winter curbing, according to the latest statistics released by China's National Bureau of Statistics (NBS) on March 14.
