Brazilian Customs: 2020 Iron ore exports reduced by 9.4 million tons to 342 million tons,exports to China increased by 30.8 million tons

According to the latest data released by Brazilian customs, Brazil exported 342 million tons of iron ore in 2020, 9.4 million tons less than 2019, down 2.7%.

Tuesday, January 12, 2021

Iron ore market in a supply deficit in early 2021 expected

The global 1.8bn t/yr seaborne iron ore market is expected to remain in a supply deficit in early 2021.

Tuesday, January 12, 2021

Valin Steel:About 90% of the company's iron ore is imported

Valin said on the interactive platform, like most steel companies are highly dependent on imported iron ore, about 90% of the company's iron ore comes from imports, mainly from Australia, Brazil, South Africa and other large mines, including Rio Tinto, Vale, F...

Monday, January 11, 2021

Metal, mining giants ramp up green push in Hebei

Standing on a sightseeing platform, Li looked out over the park and expressed optimism.

Wednesday, January 6, 2021

Rio Tinto to invest $10m in low-carbon steel with China's Baowu

Rio Tinto has committed to invest $10 million with the world's largest steel producer China Baowu Steel Group over the next two years in low-carbon steelmaking projects and research, the company said.

Wednesday, January 6, 2021

Japanese Mitsui will not support Hawson iron ore project

Japanese trading house Mitsui will not extend the option to provide $60mn in funding for the 10mn t/yr Hawson iron ore project.

Tuesday, December 29, 2020

China Railway ore prices are expected to remain above $100 per tonne by 2021

According to the quarterly outlook report of the Australian Department of Industrial Innovation and Science, Australia's iron ore export revenue is expected to peak at A $123 billion by 2020-21. Iron ore prices are expected to remain strong over the next six m...

Wednesday, December 23, 2020

Iron ore price rise may be unsustainable: steel mills

Even as S&P Global Platts IODEX 62% Fe fines benchmark fell Dec. 14 to $154.50/dmt, total pellet prices indicated well above earlier levels.

Wednesday, December 16, 2020
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