- Mon - Sat 8:00 - 18:00
- [email protected]
- 0086-21-58386256
IODEX 62%-Fe fines netback to Brazil, a benchmark for Atlantic iron ore product contracts, in November hit the lowest in two years to $66.351/dry mt FOB Tubarao, hitting pellet invoices with formulas tied to spot Brazil-China Capesize rates. Europe pellet premium offers
Iron Ore Price: Get all information on the Price of Iron Ore including News, Charts and Realtime Quotes.
Steel has been essential since the Industrial revolution. It is produced from iron ore, our main raw material. The steel production process also uses coal. Promoting the steel industry in Brazil, where our head offices and our major operations are …
Iron Ore Arrivals at Chinese Ports Down 3.58 million mt on Week. According to data tracked by SMM, 54 ships arrived at domestic main ports in November 22-29. Arrivals of cargoes are estimated to stand at 8.24 million mt, down 3.58 million mt from the previous week and down 6.39 million mt year on year. SHANGHAI, Nov 30 (SMM) – According to ...
4B MINING is developing a pipeline of high-grade and high-quality iron ore and manganese assets and operations in Brazil.The Corumba Project is a past iron ore producer located in Corumbá, Mato ...
Rio Tinto's flagship iron ore division has made its best start to a year since 2018 despite problems with finding workers in Western Australia's hot …
Unmanned vehicles remove iron ore mining waste to help shut down the Vale SA B3 and B4 dams due to the imminent risk of collapse at the Mar Azul mine in Nova Lima, Minas Gerais state, Brazil, July ...
Get in touch with us now., Jul 2, 2021. In 2017, iron ore mine production in Brazil amounted to more than 63 billion Brazilian reals, up from 46.2 billion reals reported a year earlier. This is the highest production value of iron ore in the country since 2015, and represented an increase of nearly 50 percent in comparison to said year.
Iron ore back in bear market as steel output sours. in Commodity News, Dry Bulk Market 04/11/2021. Australia's export, iron ore, has been dragged back into a bear market by weakening steel ...
The sand resulting from the iron ore treatment is a certified product, with high silica content and very low iron content, in addition to high chemical and granulometric uniformity. According to Jefferson Corraide, Executive Manager of the Brucutu and Água Limpa Complex, the sand does not have hazardous characteristics in its composition.
While iron ore drove the largest mining dividend splurge and profit take in history last year, the winds of change wrought by the energy transition could well blow away from Australia. "Brazil is expected to have one of the lowest costs for hydrogen production by 2030, according to research by BloombergNEF," BNEF said.
Vale Brucutu iron ore mine in Minas Gerais (Credit: Vale) Like its iron-ore rivals, Vale has understandably been obsessed with Chinese demand over the past two decades. Now the Brazilian miner is...
China is the largest iron ore-producing country, producing about 1.3 Bt in 2012, which accounts for about 45% of the world's iron ore production, followed by Australia and Brazil with a combined production of 919 million tonnes (Mt) in 2012.
Carajas, Brazil. The Vale-owned Carajas mine in the state of Para in Northern Brazil is the world's biggest iron ore mine holding 7.27 billion tonnes of proven and probable reserves as of December 2012. Carajas is an open pit mining operation targeting the Serra Norte, Serra Sul, and the Serra Leste iron ore deposits in the Carajás District.
(Bloomberg) -- Iron ore futures in Singapore jumped nearly 10% as optimism over a bout of restocking by China's steel mills added to tailwinds from the risk-on mood in global markets.Most Read from BloombergChina Cash Flowed Through Congo Bank to Former President's Cronies'Pension Poachers' Are Targeting America's Elderly VeteransPrices …
We work in the captation of ore deposits iron and projects port on railroad deposits. have to offer some Brazil, all with great potential reserve (1.000.000.000 4.000.000.000 tons). concern presenting good origin documentation day ...
High-grade 65% iron ore, as assessed by commodity price reporting agency Argus, ended at $111.35 a tonne on Monday, down 58.1% from its all-time high of $265.80 on May 12. The 62% grade was at $93 ...
Nov 23, 2021 | 1:57 PM. RIO DE JANEIRO (Reuters) – Brazilian miner Vale has restarted the process of acquiring environmental licenses for its Apolo iron ore project in the state of Minas Gerais following a major revision of the original plan, the company said in a presentation on Tuesday. The plans for the project, which has a capacity of 14 ...
BEIJING: China's iron ore imports rose 14.6% in November from a month earlier to hit their highest since July 2020, customs data showed on Tuesday, although a sluggish steel market damped demand ...
Brazilian miner Vale SA on Monday lowered the ceiling for its 2021 iron ore production outlook to 320 million tonnes from a previous 335 million, while leaving the lower end of the forecast range ...
ArcelorMittal Brazil said on Thursday it will invest BRL 4.3 billion ($796.7 million) in its long steel business by 2024. The investment aims to expand capacity at its João Monlevade mill, located in the city of same name, as well at its Serra Azul iron ore mine in Itatiaiuçu city, both in the state of Minas Gerais.
Mariana Durao. Vale just gave some much needed supply-side support to a nascent recovery in iron ore prices, lowering its production guidance for this year and issuing a lower-than-expected ...
Over December 13-19, the total volume of iron ore dispatched to global destinations from the 19 ports and 16 mining companies in Australia and Brazil under Mysteel's survey recovered by 3.2 million tonnes or 14.4% on week after a one-week dip, reaching 25.8 million tonnes, with both countries posting on-week gains in shipments.
Iron Ore. and Pellets. Vale is the world's biggest producer of iron ore and pellets, raw materials essential to the manufacture of steel. Iron ore is found in nature in the form of rocks, mixed with other elements. By means of various industrial processes incorporating cutting-edge technology, iron ore is processed and then sold to steel ...
(Bloomberg) -- Vale SA, the world's second-largest iron ore supplier, lowered its annual production guidance on Monday, lending support to a nascent recovery in prices of the steelmaking ingredient. The Brazilian mining giant now expects to produce 315-320 million metric tons in 2021, compared with a previous projection of 315-335 million tons.
Iron ore has surged in the final quarter as robust demand coincided with supply difficulties in Brazil, and bad weather in Australia that prompted a …
Brazilian iron ore major Vale has hiked its premiums for blast furnace (BF) and direct-reduced (DR) iron ore pellet for the first quarter of 2022. It settled its first-quarter BF pellet premium at $55 per tonne, an increase of $8 per tonne from the last settlement of $47 per tonne, sources told Fastmarkets.
Iron Ore Prices, News and Analysis. SteelOrbis is the primary information source preferred by leading iron ore producers for its up-to-date iron ore prices, iron ore market analyses and news, as it closely follows the main iron …
The iron ore market has kept a wary eye on the still-tight global supply in the wake of a Vale tailings dam disaster in 2019 that had prompted mine closures for …
Even with higher steel prices, the potential for margins to support iron ore prices and higher pellet premiums could be limited, a steel group executive said Dec. 14. 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, potentially in the $170s/mt FOB range ...