Iron – MINING.com reported that the price of iron ore slumped to a 5-month low Friday, despite data showing Chinese imports of the steelmaking raw material hit a new record in 2013.
Articles Tagged "Iron Market News"
Iron – NineMSN writes that a new report by East and Partners shows that Australia's iron ore exports continue to soar despite concerns that the mining boom may be coming to an end.
Iron – Duluth News Tribune reports that environmental groups in Minnesota are questioning whether the state can approve an expansion to U.S. Steel’s Minntac taconite mine while the facility has outstanding permit violations.
Iron – BHP Billiton (NYSE:BHP,ASX:BHP) said on Thursday that its iron ore mines have resumed operations following a cyclone that closed major shipping terminals earlier this week, Reuters reported.
Iron – Reuters reports that iron ore prices rose on Monday as a powerful cyclone swept across Northwestern Australia, forcing ports to close.
Iron – State-run export agencies K sure and Korea Eximbank will offer US$2.2 billion to finance the Roy Hill iron ore project in the Australian Pilbara region, Korea Herald reported via Steel Guru.
Iron – Reuters reported that Chinese iron ore futures fell to a record low on Monday due to weak demand from steel consumers.
Iron – A large iron ore project in Afghanistan has been delayed due to a new mining law designed to support private investments and protect the interests of foreign investments, according to Business Standard, via Steel Times International.
Iron – Bloomberg reported that Glencore Xstrata Plc (LSE:GLEN) has revived its interest in bidding for the Canadian iron-ore operations that Rio Tinto Group (LSE:RIO,ASX:RIO,NYSE:RIO) is seeking to sell, according to two people familiar with situation.
Iron – Sinoship News reported on Tuesday that Chinese steelmaker Wuhan Iron & Steel (Wugang) plans to launch its second phase of its Bong iron ore project next year in Liberia, West Africa.