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IRON ORE MARKET
Iron is the world's most commonly used metal. It is used primarily in structural engineering applications and in maritime purposes, automobiles, and machinery, with the main consumers being China, Japan, Korea, the United States and the European Union. Magnetite and haematite (both iron oxides) are the two main commercial ores of iron. Iron is also recovered from pyrites (FeS2). Iron ore is mined, processed and smelted chiefly to produce steel in integrated steel plants.
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BHP Billiton Ltd.’s Pilbara iron ore exports may have fallen less than expected in 2008, the Australian newspaper...
Australia's Brockman in Pilbara rail talks with Fortescue Metals - read this Platts news article and other stories in...
Swedish miner Dannemora Mineral said June 30 it has signed an agreement to supply ArcelorMittal, the world's biggest...
Fears for industry recovery as 75% of Queensland coal mines still pumping rainwater - read this Platts news article and...
There is a possibility that steel rebar mills in the US market could announce price increases the week ending August...
The architect of the Australian government's proposed 40% Resource Super Profits Tax has rejected reports that the...
Australia's Atlas Iron Limited has reported the discovery of a new direct shipping ore deposit at its Wodgina project...
US ferrous scrap prices are likely to be up $20-30/lt in September though some estimates of the increase range as high...
The value of shares in miners in Australia took a hit last week. Companies threatened to relocate...
ArcelorMittal to spend $253.5 mil to upgrade Ontairo steel plant - read this Platts news article and other stories in...
EU's October steel import applications surge to near July's peak - read this Platts news article and other stories in...
Dalian Commodity Exchange, in northeast China, is planning to launch metallurgical coke futures contracts by the end of...
Nearly half of major Chinese steel mills were mired in the red in March, official newspapers quoted a senior industry...
There has been an increase in the number of unsolicited offers for the whole range of coking coals, including premium...
Chinese aluminium companies to face extinction in US market
Platts Steel Markets Daily editors, Julien Hall and Maya Thatcher, discuss reaction to the launch of the Shanghai...
Japan's Sojitz to resume Queensland Minerva coal mine exports Jan 25 - read this Platts news article and other stories...
Australia's Northern Energy Corporation Limited said April 22 it had signed a life of mine offtake agreement with China...
Last week’s Top 5 Categories to Source Now webinar (view the replay here) had a HUGE attendance, which I’ll take to...
Australia-listed, Brazil-focused explorer Avanco Resources said August 19 that Brazilian iron ore heavyweight Vale had...
Australian explorer Riviera Resources said Tuesday the Ponte Verde iron ore project in Brazil had received an operating...
Spot coking coal prices int he Asia-Pacific region stayed closed to contract levels Wednesday, as liquidity continued...
South Africa's Department of Trade and Industry has expressed concerns that the interim iron ore price agreement...
Large steel-buyer responses culled from May's Institute for Supply Management survey reflect some of the confused state...
Top Sources: Iron Ore Market
- platts.com
- examiner.com
- bit.ly
- Economictimes
- Reuters
- Sydney Morning Herald
- Platts
- CHINAdaily
- bloomberg.com
- miningweekly.com
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