Steelmaking raw material news - iron ore, coal, coke, DRI.
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Steel Raw Material News

Ore, coal, coke, pig iron supply and ferrous scrap news


Is the future anything but bleak for junior iron ore miners - Proactive ...
Mon, 06 Jul 2015 12:36:03 +0100
We expect low quality iron ore producers to go out of business in this environment, says SP Angel analyst John Meyer. Most of the other iron ore companies will go into hibernation. What that means for investors will vary on a case by case basis ...
http://www.proactiveinvestors.co.uk/companies/news/108718/is-the-future-anything-but-bleak-for-junior-iron-ore-miners-108718.html


A forest of inconvenient truths - The Australian Financial Review
Mon, 06 Jul 2015 11:28:37 +0100
Andrew Forrest may not like the idea much but there is a good chance that Australian iron ore will generate more national income over the next decade than it did through the 10 years of boom times that came so suddenly to a halt last November. A report ...
http://www.afr.com/business/mining/iron-ore/a-forest-of-inconvenient-truths-20150706-gi66ps


Low iron ore prices to reduce mfg costs: Kalyani Steels - Moneycontrol.com
Mon, 06 Jul 2015 08:58:43 +0100
For them the end product prices that are steel prices in the last few months have come down by Rs 2000-2200 per metric tonne, so the price reduction in raw material costs is very small compared to the reduction in prices they have to pass on to their ...
http://www.moneycontrol.com/news/business/low-iron-ore-prices-to-reduce-mfg-costs-kalyani-steels_1813221.html


Ukraine: Ferrexpo shares rise on strong H1 iron ore output
Mon, 06 Jul 2015 07:21:11 +0100
Shares in Ukrainian iron ore producer Ferrexpo rose as much as 4% in early trade in London on Friday after the company posted a strong increase in iron ore pellet for the first half of the year. The company, majority owned by Ukrainian billionaire and politician Kostyantin Zhevago, produced 5.8 million tons of iron ore
http://metalukraine.com/2015/07/06/ukraine-ferrexpo-shares-rise-on-strong-h1-iron-ore-output.html


Iron ore market sentiments remain poor
Mon, 06 Jul 2015 05:09:00 +0100
Iron ore futures fell 1.45%, though SHFE rebar futures were up marginally (+0.33%). Steel prices continued their descent, with rebar in major cities off by another RMB 10-20/t and billet prices in Tangshan losing RMB 20/t.
http://www.bing.com/news/apiclick.aspx?ref=FexRss&aid=&tid=9175e7b3b7ba4b63afacad3aa6999c05&url=http://www.metal.com/newscontent/74967_iron-ore-market-sentiments-remain-poor&c=rFdsD3WMzwRxBQWswu1l-KuiVJaWXzFR8cWpXGVLVB0&mkt=en-gb


BHP reaches sale agreement for San Juan Mine to Westmoreland Coal
Mon, 06 Jul 2015 00:00:00 +0100
BHP Billiton New Mexico Coal has finalised the sale agreement for the San Juan Mine to Westmoreland Coal Company (WCC).
http://www.mining-technology.com/news/newsbhp-executes-sale-agreement-san-juan-mine-westmoreland-coal-4615943


Mountaintop mining: banks pull the plug on an industry in decline
Mon, 06 Jul 2015 00:00:00 +0100
In March, Barclays released a policy document declaring that it will no longer finance mountaintop removal (MTR) coal mining. The decision was quite a diversion from its history within the sector - the bank was the world's biggest financier of MTR in
http://www.mining-technology.com/features/featuremountaintop-mining-banks-pull-the-plug-on-an-industry-in-decline-4613772/


Iron ore price fall continues - Business Spectator
Sun, 05 Jul 2015 16:12:14 +0100
After a brief iron ore price resurgence in May and June to $US65 a tonne on the back of weather-related supply problems in the Pilbara, record shipments from Rio and BHP ports at a time of continued weakness in Chinese steel markets have forced prices ...
http://www.businessspectator.com.au/news/2015/7/6/australian-news/iron-ore-price-fall-continues


Local iron ore juniors under pressure - The Australian Financial ...
Sun, 05 Jul 2015 15:19:27 +0100
Significant cost reductions made over the past nine months may not be enough to buffer Australia's smaller iron ore producers from further deterioration in the iron ore price. Despite impressive cost-cutting efforts, most of the local sector's junior ...
http://www.afr.com/business/mining/iron-ore/local-iron-ore-juniors-under-pressure-20150705-gi4xjf


China to Accommodate Giant Iron-Ore Ships in Boost to Vale - Bloomberg
Fri, 03 Jul 2015 22:17:07 +0100
China plans to expand ports to accommodate ships over 400,000 tons in a move that would end a threat to the logistics strategy of iron-ore miner Vale SA. The world's largest buyer of iron ore is allowing the ports of Dalian, Tangshan, Qingdao and ...
http://www.bloomberg.com/news/articles/2015-07-03/china-plans-to-accommodate-giant-iron-ore-ships-in-boost-to-vale


China Steel prices continues to spiral downwards in June - Hellenic ...
Fri, 03 Jul 2015 22:00:57 +0100
The reduction has occurred despite a recent rally in iron ore prices. This situation has accelerated the deterioration in margins, with losses, throughout the supply chain, mounting. Oversupply continues to exert negative pressure on steel selling values.
http://www.hellenicshippingnews.com/china-steel-prices-continues-to-spiral-downwards-in-june/


China steel dragon loses US coal appetite
Fri, 03 Jul 2015 20:23:33 +0100
It may be too late to save the coal industry from looming financial disaster, says John Dizard
http://www.ft.com/cms/s/0/05c7bffa-2161-11e5-ab0f-6bb9974f25d0.html?ftcamp=published_links/rss/companies_industrials/feed//product


China's steel dragon has lost its appetite for American coal
Fri, 03 Jul 2015 20:23:33 +0100
at Financial Times - As the headlines earlier this week told you, the US coal industry scored a win at the Supreme Court. With a 5-4 majority it ruled that the Environmental Protection Agency had to consider compliance costs ...
http://us.rd.yahoo.com/finance/external/ft/rss/SIG=129m2gcbv/*http://www.ft.com/cms/s/05c7bffa-2161-11e5-ab0f-6bb9974f25d0,s01=1.html?ftcamp=traffic/partner/feed_headline/us_yahoo/auddev


Iron Ore Price Slumps Big Time: Bad news for Rio Tinto - Zacks.com
Fri, 03 Jul 2015 16:53:37 +0100
Growth of modern economies is always pioneered by an adequate supply of iron ore. It is the principal source of iron used across the global steel and iron industries. At present, iron ore is mined in approximately 50 counties; Brazil and Australia ...
http://www.zacks.com/stock/news/180523/iron-ore-price-slumps-big-time-bad-news-for-rio-tinto


China Plans to Accommodate Giant Iron-Ore Ships in Boost to Vale ...
Fri, 03 Jul 2015 16:44:17 +0100
China plans to expand ports to accommodate ships over 400,000 tons in a move that would end a threat to the logistics strategy of iron-ore miner Vale SA. The world's largest buyer of iron ore is allowing the ports of Dalian, Tangshan, Qingdao and ...
http://www.bloomberg.com/news/articles/2015-07-03/china-plans-to-accommodate-giant-iron-ore-ships-in-boost-to-vale


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