Tags - Iron ore
Referring to the role and position of this value-creating group in the production and economy process, the CEO of Chadormelo added: "Workers are the real capital of any production and industrial unit and certainly no development will take place in production, except with the efforts of workers."
News ID: 9630    Publish Date : 2020/05/31

Serajuddin- Odisha's major merchant iron ore mine has decreased iron ore lump offers by INR 500/MT (USD 7) effective from today (19 May'20). As per the market participants, miner has decreased prices to INR 3,500/MT (ex-mines, including Royalty, DMF, & NMET) as against last offer of INR 4,000/MT.
News ID: 9610    Publish Date : 2020/05/19

Iron ore prices were closing in on triple digits on Wednesday as optimism about a quick recovery in China, where more than half the world’s steel is forged, combined with supply fears from Brazil, the globe’s number two supplier.
News ID: 9586    Publish Date : 2020/05/21

Iran has extracted 64.274 million tons of iron ore during the past Iranian calendar year (ended on March 19), IRNA reported on Monday, citing the data released by Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO).
News ID: 9470    Publish Date : 2020/05/11

Vale is seeing a “very vigorous” economic rebound in China, the iron ore miner’s principal export market, Chief Financial Officer Luciano Siani said during an online event hosted by Brazil newspaper Valor Economico on Friday.
News ID: 9438    Publish Date : 2020/05/10

Rio Tinto shareholders in Australia voted on Thursday against forcing the miner to set targets for the emissions of its steel-making customers, but the issue is unlikely to go away as more than a third supported the motion.
News ID: 9402    Publish Date : 2020/05/08

Fortescue Metals ASX: (FMG) has upgraded its guidance for 2020 iron ore shipments to 175-177 million tonnes, based on strong operating performance year-to-date.
News ID: 9320    Publish Date : 2020/04/30

Seaborne spot premiums for iron ore pellet have come under further pressure this week from diversions into China, while concentrate premiums are unchanged.
News ID: 9261    Publish Date : 2020/04/29

High-grade iron ore pellet premiums into China fell this week, weighed down by increased Ukrainian and Russian supplies diverting from Europe.
News ID: 9095    Publish Date : 2020/04/09

Spot premiums for iron ore concentrate have nearly doubled for some grades this week, supported by tight Australian supplies that are more than offsetting weakness in pellet markets.
News ID: 9094    Publish Date : 2020/04/09

Fortescue Metals Group - world's 4th largest iron ore producer has decreased discount on low-grade ore for Mar' 20. SteelMint has learned from the market participants that FMG has lowered discount of SSF low-grade fines (Fe 56.7%) from 18% in Feb’20 to 16% for Mar'20 deliveries.
News ID: 9003    Publish Date : 2020/02/21

Brazilian iron ore miner Vale SA said on Thursday it planned to install more than 80 thermal cameras in select locations around the country, enlisting digital age technology in the fight against the coronavirus pandemic.
News ID: 8907    Publish Date : 2020/03/26

Australia’s iron ore giants are looking to reduce the threat to their operations from a coronavirus pandemic, by pushing workers to spend weeks on site away from families and relocate from the eastern seaboard, company and union officials said on Friday.
News ID: 8892    Publish Date : 2020/03/28

Diversified miner Anglo American (LON: AAL) said on Friday that South Africa’s 21-day lockdown to slow the spread of the coronavirus will impact its iron ore and coal guidance the most.
News ID: 8885    Publish Date : 2020/03/27

According to General Administration of Customs, China - the world's largest iron ore consumer and importer recorded iron ore and pellet imports at 176.8 MnT for Jan-Feb '20. The imports witnessed a slight rise to 1.5% as compared to 174.3 MnT in Jan-Feb '19. The increase in imports were attributed to restocking by Chinese mills ahead of China’s week-long Lunar New Year holiday starting from 24th Jan’20 .
News ID: 8882    Publish Date : 2020/03/07

India's 21-day lockdown from today to combat its coronavirus outbreak has forced many of its iron ore exporters to declare force majeure, cutting supplies of lower cost iron ore fines just when Chinese steel mills were turning to them to preserve margins.
News ID: 8856    Publish Date : 2020/03/25

Trades in Indian steel market remained dull during the week-11 (7-14 March) owing to festive holidays of Holi. Limited trade volumes continue to weigh down prices.
News ID: 8824    Publish Date : 2020/03/14

Odisha govt had invited bids for grant of Guali iron ore mining lease having EC of 5.7 MnT pa. 14 companies were in the race for this mine auction.
News ID: 8817    Publish Date : 2020/03/17

Brazilian iron ore producer Vale will keep open its Teluk Rubiah iron ore blending terminal in Malaysia after discussions with government officials.
News ID: 8803    Publish Date : 2020/03/20

Brazilian iron ore producer Vale has shut its Teluk Rubiah iron ore blending terminal in Malaysia until 31 March to comply with a lockdown aimed at slowing the coronavirus outbreak.
News ID: 8762    Publish Date : 2020/03/18