Iron Ore Cargoes at Record as Pilbara Mines “Export Socks Off”
Iron ore shipments from Australia’s Port Hedland expanded to a record in May as mining companies boosted output, helping to push benchmark prices to the
Iron ore shipments from Australia’s Port Hedland expanded to a record in May as mining companies boosted output, helping to push benchmark prices to the
By Jasmine Ng May 30 (Bloomberg) — Iron ore is heading for a sixth straight monthly decline in the longest losing streak on record as increasing supplies
China is interested in setting up a partnership with Brazilian mining major Vale to move iron ore from its giant vessels on to smaller ones, as a ban on the
Global miners and commodity traders are using multiple strategies to lock in favourable rates for shipping costs, anticipating a freight market recovery after
MELBOURNE, May 20 (Reuters) – Two of the world’s biggest iron ore miners BHP Billiton and Fortescue Metals Group held-government sponsored
By Jasmine Ng May 19 (Bloomberg) — Iron ore futures in Singapore traded below $100 a metric ton for the first time since the contract started last year
By Phoebe Sedgman and Jasmine Ng May 12 (Bloomberg) — Tugboat workers at Australia’s Port Hedland approved work stoppages amid a dispute over wages and
May 8 (Bloomberg) — There’s so much cheap iron ore flooding into China that rates for the ships that carry it are forecast to jump almost 70 percent by
By Juan Pablo Spinetto April 30 (Bloomberg) — Vale SA, the largest iron-ore producer, posted a steeper decline in first-quarter profit than analysts
April 28 (Bloomberg) — Iron ore futures in China, the biggest buyer of the steel-making commodity, fell the most in more than a month after a report that
Knightsbridge Tankers and Frontline 2012 announced today the two companies had reached an agreement to combine Frontline 2012’s remaining fleet 25
April 15 (Bloomberg) — Rio Tinto Group, the world’s second-largest mining company, said first-quarter iron-ore production rose to a record after
By Phoebe Sedgman April 10 (Bloomberg) — The world is mining more iron ore than steelmakers need. Australia, the largest supplier, sent 504 ships from
SINGAPORE, March 25 (Reuters) – Top iron ore producer Vale said it has delivered 382,500 tonnes of iron ore via one its giant Valemax ships to a new
Iron ore extended its slide into a bear market, plunging the most since August 2009, amid concerns about a possible slowdown in
MEXICO CITY, March 3 (Reuters) – Mexico seized more than 119,000 tonnes of minerals suspected of being part of illegal export operations in a port where
BEIJING, Feb 25 (Reuters) – Brazil’s Vale SA will launch in March the first phase of its iron ore storage and distribution centre in Malaysia that
New tighter Chinese restrictions on Brazilian miner Vale's Chinamax ore carriers are "technical" and are likely to be resolved over time, Vale's head of iron
By Manolo Serapio Jr and David Stanway SINGAPORE/BEIJING, Feb 14 (Reuters) – China will only allow ships with capacity of up to 250,000 deadweight tonnes
Ports in Australia's Pilbara region, through which almost half of the world's seaborne iron ore is shipped, were sending ships out to sea on Saturday ahead of
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