CSN has produced in the third quarter of 8.6 million tons in 2016, from the second quarter was flat. Capacity of 797000 tons, third-party buying ore from the second quarter fell 42%. Ore sales of 10.2 million tons, from the second quarter increased by 10%. Capacity of 8.7 million tons in the third quarter, second quarter down 5% month-on-month. In the sea freight C1, C3, touba lang - Qingdao) an average of $10.02 / ton, from the second quarter increased by 18.9%.
1. In the third quarter output: 43.6 million tons, 2% month-on-month and 7% year-on-year. 2. In the third quarter volumes (including the third party) : 43.8million tons, 1% month-on-month increase, an increase of 5%; 3. C1 cost is $13.55 / wet metric tons in the third quarter, down 5% month-on-month, fell by 20%; 4. The financial balance: as of September 30, n...
After many years of active growth, major miners in Australia iron ore shipments in recent months to level off, the support after the excess supply worries strike price.
After many years of active growth, major miners in Australia iron ore shipments in recent months to level off, the support after the excess supply worries strike price.
In the 2015/16 fiscal year to June 30, Australia BHP billiton ltd. sales income of $30.912 billion, basic EBITDA of $12.34 billion, operating profit for the losses of $6.235 billion, net profit attributable to shareholders for losses of $6.385 billion, continuous business basic net profit of $1.215 billion, while the last fiscal year to $6.417 billion profit
1) FMG fiscal year of 2016 is167.6 million tons of iron ore production, an increase of 9%; 2) in fiscal year 2016 iron ore sales (including third party) 169.4 million tons, an increase of 2%; 3) as of June 30, 2016, C1 costs by a quarter of fiscal 2016 wet t $14.31 / $16.9 / wet tons; 4) after-tax net profit of $985 million, EBITDA (tax rates, depreciation and amortisation) for $3.195 billion; 5) with $304 million in capital expenditure; 6) real selling price is $45 / dry tons. (fiscal 2015 $57 / dry metric ton). 7) as of June 30, 2016, inventory with $1.6 billion in cash; 8) as of June 30, 2016,with $5.2 billion in net debt
For FMG, 2016 is a lucky year. On August 22, fortescue released its 2016 fiscal year (as of June 30, 2016) financial statements. According to the report, FMG2016 fiscal year net income of $985 million, increased 211.7% year-on-year; Before interest, tax, depreciation and amortisation of $3.195 billion, increased 27% year-on-year.
The world's leading iron ore producer, vale is expected to be a commodity flow agreement with Chinese companies, which may be oriented to the Brazilian mining giant pay up to $9 billion in advance.
The world's fourth largest iron ore producer, Australia's fortescue (FortescueMetalsGroup) announced on Monday (August 22), the annual net profit soared to twice, to nearly $1 billion Fortescue and said, "can afford the future dividend hikes."
according to media said Iran's largest iron ore producers Golgohar NaserTaghizadeh mining company general manager, according to the first two pellet plants has been put into production,annual production capacity of 5 million tons, are now ready to start exporting pellets, is expected to about 15000 tons.
Singapore—Asia-Pacific metallurgical coal prices softened Thursday, as trade into China was stymied by the anticipation of further softening amid strong supply. Premium low-vol hard coking coal fell $1.25/mt day on day to $97.25/mt CFR China. This equated to $90.05/mt FOB Australia netting back with Panamax freight. Prices for non-prime material fell $0.25/ mt to $91.50/mt CFR Chi...
Own sourced copper production was up 8% to 1,149,000 tonnes, mainly driven by a 48% increase in production at Mutanda, reflecting it running at 200,000 tonnes p.a. during 2014, following completion of the expansion project at the end of 2013. Continued ramp-up at Katanga and higher production at Collahuasi also contributed to the increase. – Own sourced zinc production was 9...
Mongolian Government officially affirms recent agreements with Russia and China to deliver large scale transport infrastructure Rail link from Erdenet west to Aspire’s wholly owned Ovoot Coking Coal Project and on to the Russian Border at Arts Suuri approved Decision paves the way for a rail solution connecting the Ovoot Coking Coal Project with...
Fortescue reported iron ore exports of 40.4 million mt for the March quarter,down 2% from 41.1 million mt in theDecember quarter and up 28% from 31.5 million mt a year earlier. The Perth-basedminer slowed production in the March quarter, drawing down on its stockpiles to reduce working capital. The company said its current C1 production costs were around $24/wet mt, but it expect...
Rio Tinto on Thursday sold 140,000 mt of 61% Fe Pilbara Blend fines at parity to the May average of the IODEX assessments after freight and iron content adjustments through a spot tender. This was coloaded with 95,000 mt of 62% Fe PB lump that the miner sold at plus $0.139/dmtu CFR China over the May IODEX assessments. This combined shipment will load May 25-June 4. With he market pr...
Tokyo – JFE Steel Corporation, the indirect owner of an 8.64% equity stake in a Brazilian iron ore mining company, Nacional Minerios S.A. (NAMISA), announced today that it agreed together with other NAMISA owners to merge NAMISA with Casa de Pedra Mine, currently owned by a Brazilian steelmaker, Companhia Siderurgica Nacional (CSN). The transaction also includes related logisti...
Group production increased by 9% during the December 2014 half year with records achieved for eight operations and five commodities. Production guidance remains unchanged and we are on track to deliver Group production growth of 16% over the two years to the end of the 2015 financial year. Metallurgical coal production increased by 21% to 26 Mt in the December 2014 half year as Que...
The data of USA energy information administration show that coal consumption is expected to decline 0.4% to 0.865 billion short tons.
The assets of Zamin iron ore project of Amapa company had been froze in 9th December 2014. The assets of had been froze about 18.6 million dollars.