China Demand Drop Pushes Iron Ore Shipping Rates to 5-Year Low
Iron ore and shipping costs plunged to the lowest in five years amid signs China’s slowing economic growth and a glut of the commodity are sapping seaborne
Iron ore and shipping costs plunged to the lowest in five years amid signs China’s slowing economic growth and a glut of the commodity are sapping seaborne
Iron ore traded below $70 for the first time in five years as rising low-cost supplies by the world’s top miners widen a global glut amid slowing demand from
Iron ore fell for a fifth day, approaching $70 a dry ton in a retreat to the lowest level in more than five years as seaborne supplies
Brazil's Vale SA on Friday inaugurated a $1.4 billion port in Malaysia able to receive and blend iron ore from its mega-ships, an important step in the miner's
Steel consumption will grow at a slower pace as the crisis in Ukraine and the cooling Chinese real estate market contribute to declining demand, the World
Iron ore shipped to China from Australia’s Port Hedland, the world’s biggest bulk export terminal, declined from a record last month amid speculation
In May 2008, capesize vessels – hard to believe now – were averaging $155,000 pd on the spot market, while the ‘front leg’ of the trade Tubarao
Brazilian iron ore miner Vale SA signed a strategic framework agreement with China Merchants Group, a company owned by the PRC, whereby 10 new Very Large Ore
n the end, the answer to Brazilian miner Vale's Chinese shipping problem turned out to be in the problem
Brazilian miner Vale SA reached a deal with China Ocean Shipping Co (Cosco) for transporting iron ore, a move that could help the Brazilian miner resolve a
Australia’s plans to export more iron ore this year than any nation ever is driving up shipping costs by 80 percent. Increased sales from Brazil before
Brazilian mining company Vale SA plans to double its iron ore exports to China within five years according to Jose Carlos Martins, the company's head of
Iron ore posted a second straight monthly increase this year on speculation that demand for imports in China may be improving, helping to absorb a global
Rates for capesize bulk carriers on key Asian routes are set to slide next week as too many ships chase too few cargoes from Australia and Brazil, brokers
Iron ore prices, heading for a second straight quarterly loss, will rebound as the daily closure of mines supplying high-cost output in China boosts demand for
The Vale Brasil arrived at Nippon Steel & Sumitomo Metal’s (NSSMC) Kashima port on June 18, marking the first time a VLOC has called on Kashima.
By Yuka Obayashi KASHIMA, Japan, June 20 (Reuters) – Nippon Steel & Sumitomo Metal Corp, Japan’s biggest steelmaker, may start talks on a
Yangzijiang Shipbuilding Holdings Ltd has won an order to build four very large ore carriers for Australian iron ore miner Fortescue Metals Group Ltd, company
Australia's Fortescue Metals Group said on Monday it has signed a $275 million contract with a Chinese shipyard to build four big iron ore carriers in an
CONAKRY, June 14 (Reuters) – Guinea’s national assembly ratified an investment framework on Saturday to enable the government to raise nearly $20
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