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Iron Ore Surplus Seen Shuttering China Mines

New, cheap supplies from Australia, Brazil pushing global prices down Surging global supplies of seaborne iron ore will challenge Chinese producers of the raw material for steel, probably forcing some higher-cost capacity in the country to close, according ...

Friday, May 23, 2014

Regulator's iron ore financing Checkup Shakes Market

China's banking regulator has told local authorities to investigate iron ore financing conditions to better guard against risks, prompting a slump in iron ore futures prices that analysts say will lead to a reshuffle in the industry.News surfaced that the Chin...

Friday, May 23, 2014

Anglo American Iron Ore Production Rose up in 1Q 2014

[Ferro-Alloys.com] Mining giants Anglo American posted an increase in its iron ore and copper production in the first quarter of 2014, broadly in line with analysts’ forecasts, but its platinum output slumped, hit by a strike at its South African operations.

Friday, April 25, 2014

India's Top Court Lifts Iron Ore Mining Ban in Goa

[Ferro-alloys.com] India's Supreme Court has lifted a ban on iron ore mining in the western state of Goa, but limited extraction to 20m tonnes a year.

Thursday, April 24, 2014