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It is reported that the Ministry of Trade, Industry and Energy (MOTIE) said that South Korea’s Posco and China’s Chongqing iron and steel (CISC) have signed memorandum of understanding on a US$3.3 billion investment.

According to the latest figures from the Brazil’s foreign trade department, Brazil's iron ore exports soared by 13% to 29.5 million tons in June compared to the same month in 2013.

Vedanta Mulls 5 mt Steel Unit at Bellary; may Invest Rs 30k cr

According to latest data, international shipping centers moved to the east. Of the top ten international shipping centers, six were in Asia-Pacific Region, including Hong Kong and Shanghail.

According to data released by the Brazilian Ministry of Development, Industry and Foreign Trade, Brazil’s iron ore exports totaled 29.55 million tons in June, decreasing by 3.7% from a month ago and increasing by 13.2% year on year.

Baosteel Group Corp, the owner of China's biggest publicly traded steelmaker, will take control of Australia's Aquila Resources Ltd after the third-largest shareholder accepted its bid.

South Korean steelmaker POSCO and China's Chongqing Iron & Steel Co have signed a memorandum of understanding for

China's top coal-producing region Inner Mongolia said on Thursday that coal miners no longer need local government approval for corporate transfers or for merger and acquisition deals.