For February, the total volume of iron ore shipped to China from Port Hedland, Western Australia's largest iron ore terminal, fell by a large 7.1 million tonnes or 17.5% from January to reach 33.4 million tonnes, a one-year low, according to the latest statistics from Pilbara Ports Authority (PPA). Nevertheless, the tonnage was still 2.6 million tonnes or 8.6% higher on year. The total ...
Over January-February, China's total output for raw coal for all uses increased by 10.3% on year to 686.6 million tonnes, while the country's coke output decreased by 7.6% on year to 74.4 million tonnes, according to the latest release by China's National Bureau of Statistics (NBS) on March 15.
Chinese manganese ore prices continued to firm this week, with the price of South Africa-origin 36.5% grade Mn ore at North China's Tianjin port touching a four-month high of Yuan 36.6/dmtu ($5.8/dmtu) including the 13% VAT as of February 24, gaining another Yuan 1.5/dmtu on week.
According to the interim reports released on February 15 and 16, BHP Billiton and fortesco Metals Group (FMG) announced 12% and 20% of the unit cost of iron ore in the business in Western Australia from July to January to December 31 (fy22, 2021) respectively due to the input costs of iron ore, other consumables and rising labor prices.
For January, Brazil's iron ore exports globally dipped by 12.8% on year to around 25.2 million tonnes, hitting a low since February 2021, or having recorded an even larger on-month decline by 19.8%, according to the latest statistics from Brazil's Ministry of Industry, Foreign Trade and Services.
China's imports of manganese ore totalled 30 million tonnes during 2021, down 5% from the previous year, according to the latest detailed data released by China's General Administration of Customs.
BHP's Production by Product over October-December 2021 * BHP announced the share sale agreement to divest its interest in BHP Mitsui Coal (BMC) in November 2021, however will continue to report. BMC as part of Queensland Coal. BHP maintains economic and operating control of BMC until the sale has completed.
Anglo-Australian miner Rio Tinto has set its Pilbara iron ore shipments guidance for this calendar year at 320-335 million tonnes, with the range just slightly wider than last year's final guidance of 320-325 million tonnes, according to the firm's latest quarterly production report released on January 18. All tonnage is on 100% basis.
China’s prices of imported iron ore recovered from their 16-month lows over the past two days following the Mid-Autumn Day holiday, but market watchers question whether the recovery will continue as the demand pressure seems unlikely to ease anytime soon. SEADEX 62% Australian Fines had gained to $108.2/dmt CFR Qingdao, up from $90.9/dmt on September 21, a low since May 14 2020. Mystee...
In the first half of 2021, China's total foreign trade increased by 27.1% year-on-year to 18.07 trillion yuan (US $2.79 trillion), of which exports increased by 28.1% year-on-year to 9.85 trillion yuan and imports increased by 25.9% year-on-year. The General Administration of Customs of China (gacc) released a report on July 13. The first two data slowed down, but slightly decreased compared w...
According to the data shared by the National Bureau of Statistics from January to June, China produced 490.8 million tons of ROM iron ore, a year-on-year increase of 15.9%. ore prices and strong demand from domestic steel mills have been boosting the enthusiasm of domestic miners to increase production.
On June 17 local time in Brazil, Vale said in a document that the company had received the permission to re operate itabila mining area, and again stressed that its annual production target remained unchanged. Vale said it had obtained the permission from the labor inspector of Minas Gerais state to reopen the mine. The reason given by the Labor Bureau of MG state was that the measures taken by va...
Fortescue Metals Group (FMG), the world’s fourth largest iron ore miner with mining assets in Western Australia, has lifted its iron ore shipments guidance for FY21 (July 2020-June 2021) to 178-182 million wet tonnes from the original 175-180 million wet tonnes, even though its iron ore shipment over January-March was flat on year and reduced 9% on quarter, according to its latest quarterly ...
China’s silicomanganese output reversed up by 6.9% on month in March after decreasing over the prior two months, mainly because of the fast growth in output in other production bases excluding Inner Mongolia. Last month, China produced 892,520 tonnes of SiMn, increasing by 58,225 tonnes from the total for February. Capacity of the surveyed smelters accounts for almost all of th...
Prices of iron ore and coke, China's two core steelmaking raw materials, continued on their respective tracks over March 29-April 2, as the former strengthened further in tandem with soaring domestic steel prices, while the latter subsided further on higher supply but lower demand with the ongoing restriction on steel operations in Tangshan. Last week, China’s national price of HRB400E ...
China's foreign trade value totalled Yuan 5.44 trillion ($837 billion) over January-February, or up 32.2% on year, among which, exports value rose more substantially by 50.1% on year to Yuan 3.06 trillion, according to the release by the country's General Administration of Customs on March 7.
Chinese spot prices for thermal coal last week took a short break from their fast decline from late January to the end of February, by posting some moderate increases entering March in response to recovering replenishment from the country’s end-users.
Square billet price in Tangshan, North China’s Hebei province, had been among the leaders in China’s domestic steel market, with the price having shot up to its 9.5-year high of Yuan 4,410/tonne as of March 2, or up a total of Yuan 560/t from February 10, the last working day before the Chinse New Year (CNY) holiday over February 11-17. The strengthening has ...
Iron ore exports to China from Port Hedland, the top iron ore terminal in Western Australia, increased by 1.6 million tonnes or 4.6% year-on-year in January to 35.6 million tonnes, according to the latest statistics from the Pilbara Ports Authority (PPA). Nonetheless, last month’s tonnage was still lower by a hefty 4.4 million tonnes or 11% from last December, the data also sho...
In February this year, the total import, export and transit goods at mahalino kameshowaya Hunchun railway port amounted to 327900 tons, 1.8 times of that in February 2020. Russian Far East Railway transported 934000 tons of goods at border railway ports in February, with a total of about 2 million tons since the beginning of the year, a decrease of 1.1% compared with January to...
