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Brazil’s iron ore exports up in June
According to data released by the Brazilian Ministry of Development, Industry and Foreign Trade, Brazil’s iron ore exports totaled 29.55 million tons in June, decreasing by 3.7% from a month ago and increasing by 13.2% year on year. |
Baosteel Set to Take Control of Aquila
Baosteel Group Corp, the owner of China's biggest publicly traded steelmaker, will take control of Australia's Aquila Resources Ltd after the third-largest shareholder accepted its bid. |
POSCO, Chongqing Iron & Steel Sign Agreement for $3.3b Investment
South Korean steelmaker POSCO and China's Chongqing Iron & Steel Co have signed a memorandum of understanding for |
Inner Mongolia Eases Rules on Coal Firms-China
China's top coal-producing region Inner Mongolia said on Thursday that coal miners no longer need local government approval for corporate transfers or for merger and acquisition deals. |
BHP Billiton's Iron Ore Shipments to Japan Hit 1 billion tons
BHP Billiton said that the company’s shipment of iron ore went to Japan’s customers reached 1 billion tons, according to the company. |
Philippine apparent steel demands to Reach 20 Million tons by 2030
According to Philippines’ Board of Investments (BOI), the country’s annual steel demands are expected to reach 20 million tons by 2030. |
Vale expects Demand of Iron Ore to up by 34% by 2020
Brazilian mining giant Vale predicts the global demand for iron ore will grow by 34% by 2020 compared to the level of 2012. |
The Decline of BDI Reflected Market Pessimism on China’s Economy
As China’s commodity import decreased, the Baltic Dry Index (BDI) decreased to about 900 point in late June 2014. It had dropped by about 60% within a year, the worst record same period in history. |
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