Archive - page 1. Cheap Australian iron ore feeding China steel glut 'like a bad virus' (Minews) - Rio and BHP Billiton have come under criticism both locally and abroad for expanding output into an oversupplied market.Steel exports from China will surge to more than 100 million metric tons this year as local mills benefit from cheap iron ore to produce more than Asia's top economy needs,...
Despite iron-ore prices falling more than 32% in 2015, the big three producers, BHP Billiton, Rio Tinto and Vale, increased production 3% to 8% in calendar 3Q vs. 3Q14, as increasing scale drove ...
A hefty 8.6 per cent drop in the iron ore price overnight will likely put pressure on major miners — particularly pure-play iron ore miner Fortescue. March labour data will be released at 11 ...
6/12/2014· Mid-tier resources stocks were some of the worst performers, with Fortescue Metals 21 cents lower at $4.33, Arrium was down 6.5 cents at 83 cents and BC Iron was 19 cents weaker at $3.32. Shares in Mineral Resources were down 44 cents at $9.70 after it bought a 12.8 per cent stake in West Australian iron ore miner Aquila Resources, in order to ...
China iron ore futures hit 3-week low as demand outlook dims By Reuters - 4 hours ago * Dalian iron ore drops 3.1%, but Singapore futures rebound * Vale says suspended Malaysia ops to hurt Q1 iron ore sales * Benchmark 62% iron ore's spot price falls to 6-week...
Iron ore exports to China from Australia's Port Hedland, which ships about a fifth of the global market for the steel-making raw material, fell 3.5 percent in January from December. Shipments to China dropped to 23.31 million tonnes in January versus 24.16 million tonnes in December, data from the
Aussie pure-play iron ore miner Fortescue is the ASX200's third-best performer overall this year, gaining 160 per cent and presenting a glowing full-year profit result, debt reduction and credit ...
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Iron Ore Rally Seen Overdone by ANZ as Steel Demand Weakens Construction begins at Colombia's first gold mine in 20 years Magnitogorsk Waits for Iron Ore Rebound to Sell Fortescue Stake
5/12/2017· As iron ore prices plunge, small iron ore stocks are rushing to diversify. Find out more at Eureka Report ... The iron ore ship sets sail As iron ore prices plunge, small iron ore stocks are rushing to diversify. ... Rio Tinto and BHP Billiton, and with room for a handful of big newcomers, such as Fortescue Metals and Hancock Prospecting.
10/3/2014· Plunging iron ore prices will probably weaken BHP Billiton Ltd.'s credit metrics and hurt profits at Fortescue Metals Group Ltd., Standard & Poor's said.
4/2/2015· Markets live: All the way with the RBA ... The big miners drooped along with the iron ore price. BHP closed 0.4 per ... The plunge in iron ore prices has eroded mining profits and government tax ...
Comments (301) Comments for this story are closed. Voyage au bout de la nuit: 01 Dec 2014 9:04:42am. In the meantime, BHP and Rio drive down the iron ore prices in Australia but continue ...
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The spot iron ore price soared to all new highs and triggered a global wave of new supply from producers such as Fortescue Metals Group, Ferrexpo, Kumba Iron Ore, Anglo American and Sino Iron.
Iron-ore majors BHP Group BHP.AX, Rio Tinto (LON: RIO) RIO.AX and Fortescue Metals Group FMG.AX dropped about 1% to 4% after Brazilian miner Vale SA VALE3.SA said it would resume operations at its Brucutu mine within 72 hours, and reaffirmed its 2019 sales guidance. return to form is expected to dispel concerns about a potential supply ...
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thickener filter iron ore . fmg iron ore thickener photo iron ore plunge weakens bhp and fortescue. Efficient Improved Thickener. but banks still weak A flat iron-ore price saw Fortescue Metals Group Ltd down 17% but BC Iron Ltd up 2% Arrium Ltd plunged 59%. Contact Supplier
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Iron Ore Rises As Coronavirus Spread Threatens Brazilian Supplies May 11, 2020 May 11, 2020 - by Glenn Dyer Global iron ore prices have leapt a surprisingly strong 5% as doubts re-emerged about the security of Brazilian iron ore supplies in the wake of the continuing spread of …
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Iron ore: Small miners under big pressure if iron ore price falls . ... as Chinese steel demand weakens. ... BHP Billiton and Fortescue Metals, that can get their ore from ground to port for ...