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VALE IRON ORE
Iron ore cargoes diverted from mideast as conflict intensifiesThe market for higher-grade ore tightens. This instability exposes supply chain vulnerabilities. China faces pellet supply loss. Iron ore f...- Vale International to supply iron ore to Essar's steel project in Saudi ArabiaVale International, a subsidiary of Vale SA, has entered into a partnership with Essar Group to supply 4 million tonnes per year of iron or...
- Iron ore prices jump threefold in a year amid waning supply and rising demandSources have also said that there could be further hikes from NMDC in the coming days. The rise in iron ore prices is also likely to keep s...
- Iron ore, coal miners help Australian shares extend gainsRio Tinto surged up to 7.2% to its highest since May 2008 and was the biggest boost to the benchmark, while Fortescue Metals Group jumped 1...
- Our prices are more calibrated towards Indian steel market: Amitava Mukherjee, NMDCOur exports are pegged by long-term contracts. We don’t operate in spot markets, says Mukherjee.
- India may step up pellet sales to fill supply gap from Vale cutsOverseas sales may rise as much as 20 per cent in 2019 from about 9 million metric tonnes last year.
- Global iron ore prices recover in April 2015; reverse price fall trend of past monthsGlobal iron ore prices staged a recovery last month reversing a trend that witnessed a sharp fall in past months.
- Iron ore giants battle for market share in China as high-cost rivals move out of businessThe top three iron ore miners appear to be entering the final phase of a fight to increase market share in China as expansions drive high-c...
- Odisha plans e-auction from next year to curb illegal miningIndia's top iron ore producing state of Odisha plans to go in for e-auction from next year to curb illegal mining.
- Iron ore prices may fall this year on dull demandIron ore prices may decline 8.5% this year as global output increases and growth in Asian steel production slows.
- Desi iron ore producers to gain as demand picks up globallyIron ore spot price, which had fallen to around $95 per metric tonne six months ago, is currently trading at $153 and expected to go up.
- Steelmakers fight back over iron ore price pushSteelmakers are fighting back over attempts by the $200-billion iron ore mining industry to raise the cost of their main raw material, call...
- Tata Steel, Australia's Northern Iron sign iron ore dealAustralia's Northern Iron has with the group, under which the Australian company will supply 6 MT of iron ore concentrate over a five-year ...
- World's second largest miner slashes productionThe world's second largest miner and top producer of iron ore said on Friday it will cut its annual iron ore production by 30 million metri...
- Corus to get ore from Brazil's ValeTATA Steel subsidiary Corus UK and Brazil’s Vale have signed a contract under which Vale will supply Corus’ plants in Europe with nearly 63...
- 2Q profits for Brazil miner Vale soar 22 pcSecond-quarter profits for Brazil's Vale mining company soared 22 per cent to a new high as the company shipped record amounts of iron ore ...
- 2Q profits for Brazil miner Vale soar 22 pcSecond-quarter profits for Brazil's Vale mining company soared 22 per cent to a new high as the company shipped record amounts of iron ore ...
- BHP Billiton and Baosteel agree on iron ore price rise of up to 96.5%BHP Billiton Ltd. said that China's Baosteel, negotiating on behalf of the Chinese steel industry, agreed to price hikes of up to 96.5% for...
- SKorea's POSCO agrees to near-doubling in iron ore pricesSouth Korean steel firm POSCO said Tuesday it had agreed to pay Anglo-Australian mining giant Rio Tinto at least 80 percent more for iron o...
- ArcelorMittal strikes iron ore supply deal with Brazil's ValeArcelorMittal SA, the world's biggest steel maker, said on Tuesday it has signed a deal to buy iron ore from Brazilian miner Vale for the n...
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