China's Sinosteel signs $680 million iron ore mine deal with …
Cameroon's government has signed a 420 billion CFA franc ($675.96 million) high-grade iron ore mining deal with a subsidiary of Sinosteel Corporation Limited, as China seeks new sources of the ...
China March iron ore imports edge up, steel exports near 8 …
China's iron ore imports in March rose about 0.5% from a year earlier, customs data showed on Friday, amid expectations that demand will pick up after the Lunar New Year holiday break as ...
China: iron ore mining by month 2024 | Statista
In July 2024, approximately 70.22 million metric tons of crude iron ore was extracted in China. Iron ore mining in China As the world's largest iron ore importing country since 2014, China's iron ...
Chinese iron ore facility opts for Osborn modular plants
The Osborn modular plant – which Botha says has replaced a "locally-made kit" at the Chinese facility – comprises a primary Osborn jaw crusher, secondary cone crusher, screen and tertiary cone crusher. With a capacity of 300 tph, the Osborn plant produces a nominal -12mm product. Osborn won this R20-million export order to China amid stiff competition from …
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Exclusive: Fortescue faces rare delays for China iron ore …
Jan 23 (Reuters) - At least two iron ore cargoes from the world's No.4 supplier Fortescue Metals Group, opens new tab are facing unusual customs delays at north China's Caofeidian port due to ...
China's strong iron ore imports diverge from weak steel …
LAUNCESTON, Australia, April 22 (Reuters) - China's first quarter imports of iron ore and its domestic production of the steel raw material both rose strongly, but output of crude steel fell.
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China's new state-run agency to start iron ore purchases
China Mineral Resources Group (CMRG), a new state-owned agency, is set to be the world's biggest iron ore buyer as soon as next year, when it will start buying for about 20 of the largest Chinese ...
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Exclusive | Mega Simandou iron ore project in Guinea to …
The other two blocks are owned by Rio Tinto as part of its Simfer joint venture with the Chinese firm Chalco Iron Ore Holdings and the Guinean government. Simfer's initial capital funding ...
Analysis: What Has China's State Iron Ore Giant Achieved in …
It's been just over one year since the Chinese government created China Mineral Resources Group — a single entity to house the country's vast mining assets and act on …
Iron-ore woes deepen as inventories in China keep piling up
Iron ore futures fell 4.6% to $110.55 a ton in Singapore as of 11:35 a.m. local time and were headed for the lowest close since August. Futures in Dalian dropped 3.7%, while …
China to simplify customs inspections on iron ore imports
FILE PHOTO - Cranes unload imported iron ore from a cargo vessel at a port in Lianyungang, Jiangsu province, China October 27, 2019. REUTERS/Stringer Purchase Licensing Rights, opens new tab
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It's not just iron ore. China is a 'prisoner' of a broken economy
Investors and politicians should zoom out from the iron ore price. Maybe China finds a way to muddle through and keep its grand experiment going, but it's facing very long …
China iron ore port prices hit 16-month peak on high steel …
Despite negative steel production margins, Chinese steel mills ran high operation rates for blast furnaces, which supported iron ore demand. Total crude steel output from …
TRADE REVIEW: Chinese iron ore demand hinges on China's …
Seaborne iron ore prices were largely rangebound throughout the first quarter, averaging $118.4/dmt CFR China. January saw the Platts 62% Fe iron ore index, or IODEX, …
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TRADE REVIEW: Chinese iron ore demand hinges on China's …
China's iron ore port stocks also climbed 15% on the quarter to a 13-month high of around 142 million mt end-March, according to S&P Global analysts. Outlook in the earlier half of Q1 fell flat without demand picking up in the downstream steel markets as construction activity failed to restart as quickly as expected, leading to overstocked ...
Iron ore outlook dims as China inventories, steel output fade
It is also worth noting that China's iron ore imports rose 6.7% to 713.77 million tons in the first seven months of the year compared to the same period in 2023.
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China's New Iron Ore Buyer Sets Off Biggest Shakeup in Years
Read: Rio, BHP Vow to Cooperate With China's Iron Ore Firm. With Chinese demand roaring and supply at the time increasingly tight, the miners were able to move pricing onto a spot market, where prices jumped from about $60 a ton to $150 a ton in little more than a year. Strong iron ore prices since then — with the exception of the commodity ...
China's Opportunities and Risks in Africa's Giant Iron Ore Field
About 80% of China's iron ore imports come from the four largest mining companies — Brazil's Vale S.A. and Australia-based Rio Tinto, BHP Group Ltd. and Fortescue Metals Group. In the first seven months this year, China imported 660 million tons of iron ore, up 11.8% from a year ago, official data showed.
Iron ore price hits over 1-year low on bleak China credit data
The most-traded iron ore contract on China's Dalian Commodity Exchange (DCE) ended daytime trade 3.32% lower at 713 yuan ($99.74) a metric ton.
China 2020 iron ore imports hit record on robust post-virus …
BEIJING, Jan 14 (Reuters) - China's iron ore imports hit a record high in 2020, jumping 9.5% from a year earlier as the country beefed up spending on infrastructure to spur an economic recovery ...