November 6, 2018 Workers to end strike at Shougang iron ore mine in Peru – union Workers at Chinese company Shougang Group's iron ore mine in Peru will return to work on Wednesday.
November 6, 2018 China Minmetals signs 20m tonnes iron ore purchase agreement with Brazil’s Vale The state-owned metals and mineral trading firm also signed a 2,400 tonne nickel briquette purchase agreement with Japan's Sumitomo Corp.
November 6, 2018 Australia’s Port Hedland iron ore shipments to China fall 12% in October The October figure was also down 7 percent from the same month a year earlier, according to port figures.
November 6, 2018 China’s industrial heartland Shandong to overhaul energy intensive industries As part of a new plan to overhaul energy intensive industries, Shandong province is planning to consolidate dozens of small refineries and build mega-petrochemical complexes.
November 6, 2018 European automakers BMW, Volvo to trial new LME steel contracts Industry sources say automaker interest bodes well for the contracts, but new contracts usually take years to gain traction and a lack of interest from steelmakers could slow the process.
November 5, 2018 BHP suspends Western Australia rail operations after runaway train incident BHP suspended all its iron ore rail operations on Monday after a train ran away at high speed for nearly 100 kilometres before being forcibly derailed.
November 4, 2018 Vale and Emirates Steel sign major deal Emirates Steel requires inputs of around 6 million tonnes of iron ore pellets per year.
November 2, 2018 Nippon Steel first-half profit falls 4% on rising costs, slower output Nippon Steel plans to step up crude steel production in the October-March period, predicting an output of 21.6 million tonnes for the six months, above 20.58 million tonnes a year…
November 2, 2018 Russian steelmaker MMK cautious after strong quarter, delays Turkey project While MMK said it sees stable demand for steel products in its markets, it warns that global steel prices could put pressure on results.
November 2, 2018 China demand for Vale ore to keep price above $90/tonne in 2019 -CFO What will define Chinese demand for iron ore is continued urbanization, infrastructure investments, auto production.
Precious metals craze prompts China fund to turn away investors UBS SDIC Fund had become increasingly concerned that investors could be exposed to heavy losses should a record-breaking bull market suddenly turn. December 27, 2025 | 08:00 am
