Among the above countries, only Malaysia increased its iron ore exports since 2013, appreciating by %. Mauritania cut back on its iron ore imports from Australia by %, followed by the United States (down %), South Africa (down %), Oman (down %) and Brazil (down %).
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Ore with 62 percent iron content delivered to the Chinese port of Tianjin fell 1 percent to a dry ton yesterday, the lowest level since September 2012, according to data from The Steel Index Ltd. The decline in iron ore, Australia's biggest export earner, pulled the country's dollar today to the weakest level since May 2.
Raw Chinese iron ore only has iron content of about 20 percent, compared to more than 60 percent mined by Vale, Rio and BHP. But processed Chinese ore can go up to 66 percent. Some mills prefer to use the best grades of Chinese iron ore they can find, rather than lower grade material from overseas.
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China Iron Steel Association, or CISA, Secretary General Liu Zhenjiang, Thursday called for iron ore miners to focus on longterm cosurvival with ...
China's fourth moon probe will ... Kim Jongnam murder suspects widely viewed as scapegoats are one step closer to death in Malaysia ... Iron ore miners ...
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The major Australian miners have been boosted by the growth in China's economy, along with higher commodity prices, according to data released late Friday.
Chinese iron ore miners plot return as prices ... "Quite a few Chinese iron ore miners are planning to come back ... than a third of China's iron ore ...
