July 1, 2011 Vale cuts 2015 iron-ore output target by 53m tonnes Bloomberg reports Vale SA, the world’s largest iron-ore miner, cut its target for 2015 output by 10%. The Rio de Janeiro-based company expects to produce 469 million metric tons a…
July 1, 2011 First iron ore train in 30 years leaves Schefferville Stocks in Labrador Iron Mines Holdings ended up 5% in Toronto on Thursday after reporting that on June 29, 2011 the first loaded iron ore train departed Silver Yards for…
July 1, 2011 LME Steel billet volumes up 214% in first half Trading in steel billet at the London Metal Exchange (LME) has continued to grow rapidly in the first half of 2011, up 214 per cent compared with the corresponding period…
June 30, 2011 Outotec to deliver the world’s largest iron ore pelletizing plant in Brazil Outotec has agreed with Samarco Mineração S.A. on a turnkey delivery of the world's largest iron ore pelletizing plant in Brazil. The contract value is approximately EUR 200 million, which…
June 30, 2011 Industrial metals surge to near two-month highs Industrial metals surged nearly 3 percent to end at its priciest in nearly two months Wednesday, as repressed buyers flooded the market after a Greek parliament vote to accept austerity…
June 30, 2011 Schnitzer steel industries Q3 profit drops Schnitzer Steel Industries, Inc. (SCHN) posted third-quarter net income attributable to the company of $33.03 million or $1.18 per share compared to $40.45 million or $1.43 per share a year…
June 30, 2011 Brazil’s Samarco orders world’s largest iron ore pelletizing plant Outotec has agreed with Samarco Mineração S.A. on a turnkey delivery of the world's largest iron ore pelletizing plant in Brazil. The contract value is approximately EUR 200 million, which…
June 30, 2011 Right time to get into commodities, says Barclays Capital The world seems set to enter a period of slower growth and higher inflation and investors would do well to gain some direct exposure to commodity markets, said Barclays Capital…
June 30, 2011 Invest in commodities rather than producers Investing directly in commodities through indexes gives an investor more direct exposure to commodity prices than investing in the producers, whose returns were more aligned with equities.
June 30, 2011 POSCO not in talks with Sundance on $4.6 bln iron ore project POSCO, the world's third-biggest steelmaker, is not in talks with Sundance Resources over the latter's $4.6 billion iron ore project in West Africa, a POSCO source said. "We previously met…
Iron ore price nears best close since November on year-end metal rally The steelmaking ingredient advanced for a third straight session in Singapore, climbing nearly 1.8% to as much as $106.55 a ton in intraday trading. December 29, 2025 | 07:51 am
