3. Low grade iron ore from China and other countries has been selectively resolved in part. The selected iron ore will increase costs, but if the price of iron ore is too high, it is still very cost-effective, which actually accounts for 30% of China's current demand As part of the ...
(cover story)Reports on the second round of negotiations over the price of Australian iron ore for shipment to Japanese steel mills in 2001. Result of the first round of negotiations; Description of the trade negotiations; Objectives of the parties involved in the negotiations.Hagopian...
China's National Development and Reform Commission said in November that the steel industry in China had completed its annual target of reducing production capacity. The benchmark iron ore price is currently sitting at 82.43 U.S. dollars per ton at 9:31 local time. Editor...
Continued strong Chinese demand for Australia''s iron ore has ensured that this commodity is singularly the highest value-ranking, exported mineral commodity for this country. As a consequence, the iron ore price and the value of the Australian dollar have substantial influences on the Australian ...
Needless to say my metal price projections, especially for iron ore, were not popular in countries like Australia, Brazil, and Peru, where I have many friends and clients and visit often. I think however that most of my clients understood my reasons for expecting Chinese demand to drop. It...
Some market participants added that despite the iron ore price dropping from $140 per tonne in January this year to $100-110 per tonne in July, major iron ore giants in the short term would keep current production levels steady to align with company objectives. ...
Export prices were driven by Chinese policy stimulus supporting steel production, both raising coal prices and pushing iron ore prices above US$120 per tonne. National Accounts measures of price pressures on the domestic economy continued to slow, but differences between international and domestic ...
The concern is due to the expected decline of iron ore prices over the next two years. Increased global supplies are expected to lower unit values in 2017-2018, Cully said. The current spot price sits at 80 dollars a ton, Reuters predicts that figure may drop to 46.70 dollars by 2018. ...
Title: Australian marginal iron ore revival begins, Summary: Some of Australia's marginal iron ore mining firms are using hedging and swaps to underpin production, while others wait for further price increases to offset higher costs. Austral
China oversaw the temporary closure of several steel mills – which is why we saw the price of iron ore drop to its lowest in five years during the tail end of last year. Furthermore, China’s own growth is reportedly the weakest it’s been for twenty-four years; being our main trade...