RECENT NEWS
Bloomberg  Jul 3 
Nippon Yusen K.K., the world’s second-largest ship operator, predicted profit at its capesize division for shipping iron ore will be higher than it originally forecast this fiscal year on demand for the steel ingredient from China.
Commodity Online  Jul 2 
Shanghai Securities News said that the CISA wanted to meet sellers half way when agreeing this year s purchase price for iron ore. China had been demanding foreign producers slash their price by between 40 and 45 per cent. CISA may now be prepared...
Reuters  Jul 1 
China's state-owned Chinalco is likely to participate in global miner Rio Tinto Ltd's $15.2 billion rights offer, a source briefed on the matter told Reuters on Wednesday, in a sign that China was keen to retain its interest in the world's top...
Commodity Online  Jul 1 
Talks between the port management and Union representatives on Tuesday failed. Chennai Port s acting chairman Subhash Kumar said the unions were not willing to come forward for talks.
Financial Times  Jun 30 
The expiry of some of Rio's contracts with Chinese steelmakers will allow the miner to sell at spot rates, which are already above the benchmark
New York Times  Jun 30 
Anglo American is considering finding a partner for its huge iron ore project in Brazil, but the move is not a defense against the merger approach from Xstrata, according to Reuters.
Financial Times  Jun 29 
The world's biggest miners were locked in tense talks with Chinese steelmakers over a new iron ore supply deal, with Rio Tinto threatening to sell the ore into spot markets should no agreement be struck
Reuters  Jun 29 
Rio Tinto , the world number-two iron ore miner, is still in talks with Chinese steel mills over iron ore prices, the firm said on Monday, dousing speculation that both sides had given up on a June 30 deadline.
Commodity Online  Jun 29 
Bureau of Geology and Mineral Resources Exploration in Liaoning Province has announced it has found iron ore deposit with an estimated reserve of more than 3 billion tonnes.
Commodity Online  Jun 27 
At a meeting with Union steel secretary PK Rastogi steel players alleged that OMC had been fixing ore prices arbitrarily without adhering to the price discovered through a competitive and open tender process.
Suggest a News Source
Topic
Top news source/blog that we're missing
Why do you recommend this news source?
Close 
Thanks for your suggestion!
 
BULLS: REASONS TO BUY

 
100% agree
 
Iron Ore & Steel - Secular Trend Intact

 
0% agree
 
The Cycle will Come and Go - The Secular Trend is Intact

BEARS: REASONS TO SELL
Bears: Reasons To Sell
Feeling Bearish? Be the first to explain why this would make a poor investment
See All (0)
RELATED WIKI ARTICLES

Related Articles

 
 
Worried about pump and dump?
We review changes
for stock spam
Want to make Wikinvest better?
We need your help,
contribute today
Do you write software?
We are recruiting
the best engineers
Like Wikinvest?
Spread the word —
Tell your friends!
Wikinvest © 2006, 2007, 2008, 2009. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki