China iron ore prices spiked to a nearly two-year high when trading resumed after the weeklong Lunar New Year holiday on concerns connected to Brazil's Vale SA, a top supplier to a Chinese industry that producers over half the world's steel.. Vale's supply situation has been in focus since Jan. 25, when a dam associated with one of its mining operations burst in Corrego do Feijao in the
2018-11-19 · 40 insight MAY 2014 BRAZIL PIG IRON Home to native forests bearing eucalyptus trees, a rich land with high-quality iron ore and in close proximity to US steel mills, North Brazil was a natural fi
2019-1-30 · The global iron ore market was pitched into turmoil after Brazil's Vale SA, the world's largest producer, outlined plans to cut output after a deadly dam breach, buoying shares of rivals as
2018-9-21 · Chinese steel mills chase iron ore contracts with Brazil's Vale China, the world's biggest consumer of the steelmaking ingredient, needs higher-quality, less polluting grades of iron ore as it
2019-1-28 · Vale SA's deadly mine disaster in Brazil has created uncertainty for China's iron ore market at a time when demand for supply from the South American country is rising, multiple Chinese ore
Export data from Brazil is finally beginning to shed light on the extent of the country's supply woes, however. Brazil's iron ore exports in March fell 26% year on year to 22.18 million tonnes, the lowest level in six years, according to Brazil's foreign trade ministry, MDIC.
2019-2-15 · China's iron ore imports climbed 5.3 percent in January from December, customs data showed, supported by strong restocking demand at steel mills
2 · Chinese steelmakers are regaining their appetite for high-grade iron ore despite record-high ore prices, mill managers and traders say, as recovering profit margins spur plants to seek efficiency
2018-9-21 · DALIAN, China (Reuters) Chinese steel mills and traders are rushing to secure long-term contracts for high-quality iron ore ahead of winter steel output cuts, a boon for the main supplier of
2019-5-3 · World's second largest exporter of iron ore Brazil has recorded iron ore export volumes at 18.34 MnT in Apr'19, down 17% as Indian Steel Mills Hike Domestic HRC Offers for Feb Deliveries. 01 Feb, 2019 18:27 IST. HRC. Indian Mills Cut HRC Prices by INR 1500/MT (USD 22) for December.
2019-2-19 · Domestic iron ore miners are unlikely to ramp up production to fill the supply gap after the bursting of Vale's dam last month in Brazil, due to strict environmental regulations and high
2019-4-19 · Home / Shipping News / Dry Bulk Market / More Iron Ore Expected From Brazil But Probably Not Enough To Cut The bank said that Chinese steel mills had been constrained in their iron ore
The iron ore market could lose as much as 90 million mt/year of supplies from Brazil about a quarter of the country's total export capacity from output curbs following the fatal tailings dam burst at
2019-4-27 · On January 25, 2019, a dam burst in the town of Brumadinho, north of Rio de Janeiro, Brazil. The dam was built by the iron-ore company Vale to store residue after the iron ore had been extracted. Once the dam began to crumble, it did not take long for its 13 million cubic meters of iron waste to sweep down onto the workers and into their town. | By Vijay Prashad
2019-5-7 · Brazil and Australia are the world's two biggest suppliers of seaborne iron ore and China is the biggest customer so any reduction in the availability of iron ore to feed steel mills is bound to feed into higher iron ore prices.
2019-5-8 · China's iron ore imports in April fell to the lowest level in 18 months as poor weather in Brazil, the country's second-biggest supplier, disrupted shipments and some production by miner Vale SA
2019-5-7 · 05-28 China's Iron Ore Lumps Imports by Countries in Mar 2018; 05-28 China's Iron Ore Imports by Countries in Mar 2018; 05-28 China's Iron Ore Concentrates Imports by Countries in M 05-28 China's Iron Ore Pellets Imports by Countries in Mar 20
2019-2-12 · LAUNCESTON, Australia, Feb 12 (Reuters) Chinese steel mills may be forced to modify the way they operate as a result of lower availability of higher grades of iron ore after the collapse of a dam at a mine owned by Brazil's Vale. The exact ramifications to iron ore supply and China's vast steel
2019-2-12 · Iron ore spot markets rocketed higher on Monday, powering to fresh multi-year highs. According to Metal Bulletin, the price for benchmark 62% fines jumped 5.9% to $90.58 a
Iron ore. We trade the whole spectrum of iron ore products and grades, including fine, low-grade and high-grade lump. Our origination teams operate in all the main exporting countries. We use our extensive international network to connect specific buyers with particular grades of stock.
2019-3-24 · Beleaguered Siberia iron ore miner gets boost from Brazil mine shutdowns Our ore's high iron content is also increasingly sought after by Chinese steel mills that are under pressure from the
Chinese steel mills chase iron ore contracts with Brazil's Vale. Monday, Sep 24, 2018. Chinese steel mills and traders are rushing to secure long-term contracts for high-quality iron ore ahead of winter steel output cuts, a boon for the main supplier of such grades of the commodity, Brazilian mining giant Vale.
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