Vale, the world’s top iron ore miner headquartered in Brazil, announced on November 29 local time to resume the operations of Viga concentration plant of Ferrous Resources do Brasil in Minas Gerais, South Brazil, within 24 hours, which will bring approximately 330,000 tonnes/month of iron ore production.
Stocks of imported coking coal at the five major Chinese ports dropped by 3% or 210,000 tonnes on week to reach an eight-week low of 7 million tonnes published on November 22. The reason respondents gave was the decline in volumes of foreign coal being unloaded at the ports last week.
Chinese iron ore prices for port inventories and seaborne cargoes grew on November 6, portside iron ore index finally rising after a seven-day decline to reach Yuan 662/wmt ($94.62/wmt) FOT Qi...
Unlike the previous years, China’s coke makers including those affiliated to the steel mills and independent coke plants have shown no inclination to stock up coking coal for winter oper...
Indian iron ore exports have recorded sharp increase in Oct’19. The exports were witnessed at 1.74 MnT, up 53% M-o-M as against Sep’19 exports at 1.14 MnT. On yearly basis, the exports have depicted a significant rise as compared to Oct’18 at 0.42 MnT.
Vale: 8 million tons of iron ore capacity will be restored at Alegria mine in Brazil (the mine has been closed since the collapse of the dam in January), but about 42 million tons of capacity is still on hold.
The tungsten prices in China remained weak adjustment in the week ended on Friday October 25, 2019 affected by the decline in new guide prices from listed tungsten companies early this week. the inc...
The tungsten market was weak in China in the week began on October 21 due to persistent weakness in the demand side and increased supply of tungsten raw materials. Offers in the market wa...
South32 Limited, the world’s top manganese ore miner headquartered in Perth, Western Australia, saw its share of manganese ore output increased by 10% on quarter to 1.4 million wet tonnes over...
Rio Tinto, the world’s second largest iron ore miner, posted a 10% quarter-on-quarter rise in iron ore production and a 1% quarterly growth in iron ore sales in Pilbara of Western Australia ov...
The recovery seen Thursday in China’s imported iron ore prices became more pronounced on Friday, especially later in the day when market sentiment improved.Australian iron ore fines price index up by Yuan 6/wmt ($0.8/wmt) on day to Yuan 713/wmt FOT Qingdao, including the 13% VAT.
China’s coking coal imports in July grew about 18% on month or 1.8% on year to 7.8 million tonnes, with the added volume mainly from Australia, according to the latest data from the country’s General Administration of Customs. For July, Australia exceeded Mongolia, becoming China’s top coking coal supplier with the quantity approximating 4 million tonnes, some 40% higher on month but 12% lower on year, while the coking coal from Mongolia to China, dropped 4.4% on month but up 24.8% on.
Over January-July, China’s produced about 577 million tonnes of crude steel, up 9% on year, or 0.9 percentage point lower than that for H1 of 2019 because of less steel output for July, according to the latest statistics released by the country’s National Bureau of Statistics (NBS) on August 14. China’s daily crude steel output in July retreated from the all-time high in June, down 5.8% on month to about 2.75 million tonnes/day, or a four-month low, as some major steel production bases went t
China’s imports of coal and lignite increased 5.8% on year to 154.5 million tonnes over January-June, and the exports of coke and semi-coke decreased 19.7% on year to 3.8 million tonnes.
Over January-June, China’s coke output increased 6.7% on year to 233.9 million tonnes, and raw coal including thermal and metallurgical coal grew 2.6% on year to 1.76 billion tonnes.
In June, the CIF price of Australian coking coal declined as a whole, and the end-users were mainly on the lookout, but the demand for Australian coal by traders was generally high. At the same time, due to the impact of tariffs, China's imports of coking coal from the United States decreased month by month, while imports from Mongolia and Canada increased.
International coking coal market demand was sluggish last week, and prices fell slightly. In the first half of this year, China's import volume increased significantly year on year, an...
China’s silicomanganese output continued to grow for a fourth straight month in June, rising by another 3.7% or 31,787 tonnes on month to reach 902,318 tonnes, the highest level since 2014.
he world’s largest iron ore miner Vale announced on June 19 Brazilian time that it will be able to fully resume the wet processing operations at its Brucutu mine in Minas Gerais, Southeast Brazil, “within 72 hours”.
In the first quarter of 2017, CVRD iron ore output reached 86.2 million tons, the highest for historical period, grew by 11.2% from a year earlier, thanks to S11D project and southeast system DaBiLi reaches producing of project.