Relevant News

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.

Monday, July 7, 2014

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.

Monday, July 7, 2014

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

Monday, July 7, 2014

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.

Monday, July 7, 2014

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.

Friday, July 4, 2014

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.

Friday, July 4, 2014

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.

Friday, July 4, 2014

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.

Friday, July 4, 2014
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