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japan mills set to start iron ore price talks

China lifts ban on scrap metal imports in new iron ore threat

 · China has quietly lifted a two-year ban on imports of scrap metal, a shift that fits a long-term strategy to reduce its reliance on Australian iron ore. Some economists say the move is an ...

2021 prices

Rio and Japanese mills agree to cut in iron ore price

Rio and Japanese mills agree to cut in iron ore price - 26 Sep 10 RIO Tinto and steel mills in Japan have settled on a price cut of 13 per cent for iron shipments made between October and December. The cut follows predictions from Rio''s and BHP Billiton''s management that prices would fall in the short term because of a temporary drop in demand from China .

2021 prices

Schadenfreude as Chinese steel mills ask for help from Rio …

The price of iron ore has surged in 2020. Credit: Bloomberg No doubt, when BHP iron ore marketing executives were summoned to a video call with the China Iron and Steel Association last week, they ...

2021 prices

Is the iron ore boom really different this time?

Iron ore price sensitivities +/- $10/tonne movement in iron ore price 2019/20 2020/21 Nominal GDP +/- $6.3b +/- $ ... all the money set aside for West Australian operations has been in replacing ...

2021 prices

UPDATE 1-Singapore Exchange to launch cleared iron …

 · Global miners and steel firms are locked in annual talks to settle iron ore term prices for the year starting April 1 and analysts are lowering their price forecasts as a slowing global economy is ...

2021 prices

PM talks China with Japanese counterpart

 · Scott Morrison and Japanese Prime Minister Yoshihide Suga have shared concerns about the military coup in Myanmar and China''s regional aggression. The Australian prime minister discussed the two countries'' commitment to a free and open Indo-Pacific in …

2021 prices

Chinese Junk Could Sink The Profits Of Big Iron Ore Miners

 · Potential Iron Ore Price Crash Morgan Stanley''s view, which is perhaps the most gloomy of the investment banks, is that high-grade iron ore could plunge from its current price of $130 a ton to ...

2021 prices

Iron Ore Prices Surge as Vale Ordered to Shut Itabira Mines

Iron ore prices gained as top Brazilian miner, Vale S.A VALE, has been ordered to shut its Itabira operations. This development along with the alarming spread of coronavirus in Brazil, which is ...

2021 prices

Why the Fortescue (ASX: FMG) share price could go higher

 · However, the iron ore spot price has remained relatively stable, around the US$170 per tonne level. At the time of writing, the shares are trading at $22.76, up 3.03%.

2021 prices

Domestic steel cos to benefit as iron ore prices fall

After quarterly pricing norms came into effect, this is the first time that prices of iron ore, valid for the October-December period this year, will be lowered. The price cut is expected to benefit large domestic steel companies such as state-owned Steel Authority of India, JSW Steel and Essar Steel, which buy through contracts from the National Mineral Development Corporation (NMDC).

2021 prices

Material Matters: Gold, Iron Ore & Base Metals

 · Credit Suisse asserts the iron ore price should hold up, despite Chinese authorities attempting to pressure the price down. Margins in steel have disappeared and the broker suspects mills are complaining that all the benefits of stimulus have gone to overseas iron ore producers.

2021 prices

Mills agree to 65% iron ore price surge | The Japan Times

 · Business Mills agree to 65% iron ore price surge Global benchmark spikes as demand from China causes steel shortfall Bloomberg

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Japan talks stalled on price rise for iron ore

The Sydney Morning Herald The Age Brisbane Times WAtoday The Australian Financial Review Domain Commercial Real Estate Drive Good Food Traveller Find A Babysitter RSVP

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Iron Ore Rockets To $160 A Ton And China Cries Foul

 · It''s a different story in iron ore with Chinese steel mills being hit with a 35% increase in the price of the commodity since early November to a nine-year high of $160/t, largely a result of a ...

2021 prices

Bulk Buys: Iron ore prices capped by fall in China''s steel …

 · Some iron ore producers ship product with an iron content of less than the benchmark for which the market charges a discount or price penalty to the benchmark price. In the 1990s the average grade of iron ore shipped from WA was just over 62 per cent, said Eames.

2021 prices

Brazil''s miner Vale attempts to hose down report on iron …

In recent years, Vale has customarily set the benchmark price after long talks with leading Chinese steel mills, and then other miners and mills have followed suit. But the world''s largest ore ...

2021 prices

With Chinese inventories ballooning, the price of iron …

Despite a recent tumble, the iron ore price has enjoyed a stellar start to the year. Technology & Business Business ... the price of iron ore is set to pop David Scutt May 9, 2016, 10:59 AM ...

2021 prices

Japan mills set to start iron ore price talks-source | Reuters

 · Japanese steel mills, led by world No.2 Nippon Steel Corp <5401.T>, and three big miners including Brazil''s Vale <VALE5.SA> will open talks on 2009 term prices for iron ore this ...

2021 prices

UPDATE 1-Singapore Exchange to launch cleared iron …

 · Global miners and steel firms are locked in annual talks to settle iron ore term prices for the year starting April 1 and analysts are lowering their price forecasts as a slowing global economy is ...

2021 prices

Domestic steel cos to benefit as iron ore prices fall

After quarterly pricing norms came into effect, this is the first time that prices of iron ore, valid for the October-December period this year, will be lowered. The price cut is expected to benefit large domestic steel companies such as state-owned Steel Authority of India, JSW Steel and Essar Steel, which buy through contracts from the National Mineral Development Corporation (NMDC).

2021 prices

Brokers warning high iron ore prices are unsustainable

And even if the iron ore price were to ease closer towards US$100, our iron ore majors will still be making very good profits, which is more than what we can say for many other sectors. Where to ...

2021 prices

Brokers warning high iron ore prices are unsustainable

And even if the iron ore price were to ease closer towards US$100, our iron ore majors will still be making very good profits, which is more than what we can say for many other sectors. Where to ...

2021 prices

Material Matters: Gold, Iron Ore & Base Metals

 · Credit Suisse asserts the iron ore price should hold up, despite Chinese authorities attempting to pressure the price down. Margins in steel have disappeared and the broker suspects mills are complaining that all the benefits of stimulus have gone to overseas iron ore producers.

2021 prices

5-MTPA JV unit: Govt in talks with Japanese, Korean …

steel ministry has initiated talks with Japanese and Korean steel companies for setting up a ... the fact that India is a regular exporter of iron ore to the Japanese steel mills (since 1963) and ...

2021 prices

BHP relents on boost in price of iron ore

 · BHP relents on boost in price of iron ore By Wayne Arnold April 14, 2005 MELBOURNE — BHP Billiton said Wednesday that it had dropped demands that steel makers double what they pay for its iron ...

2021 prices

Japan Imports of Iron Ore & Concentrates | 2014-2021 …

Imports of Iron Ore & Concentrates in Japan decreased to 102408 JPY Million in January from 113307 JPY Million in December of 2020. Imports of Iron Ore & Concentrates in Japan averaged 91088 JPY Million from 2014 until 2021, reaching an all time high of 149001.42 JPY Million in July of 2014 and a record low of 56689.17 JPY Million in May of 2016. This page includes a chart with historical data ...

2021 prices

With Chinese inventories ballooning, the price of iron …

Despite a recent tumble, the iron ore price has enjoyed a stellar start to the year. Technology & Business Business ... the price of iron ore is set to pop David Scutt May 9, 2016, 10:59 AM ...

2021 prices

PM talks China with Japanese counterpart

 · Scott Morrison and Japanese Prime Minister Yoshihide Suga have shared concerns about the military coup in Myanmar and China''s regional aggression. The Australian prime minister discussed the two countries'' commitment to a free and open Indo-Pacific in …

2021 prices

Australia miners rise on iron-ore price outlook

 · The failed talks forced Chinese steel mills to either meet most of their iron-ore needs through the spot market last year, or sign individual contracts to buy iron ore at a higher price.

2021 prices

Spot price surge puts China at disadvantage in iron ore talks

 · Iron ore''s spot price in the Chinese market has surged to an 18-month high after the Spring Festival holiday, placing Chinese negotiators in the uphill price talks with major iron ore ...

2021 prices

Historic Agreement Ends 40 Year Old Iron Ore …

 · Vale signed a deal to provide Sumitomo Metal Industries Ltd., Japan''s third-biggest steelmaker, with iron ore at prices of $100 to $110 a metric …

2021 prices

Australia miners rise on iron-ore price outlook

 · The failed talks forced Chinese steel mills to either meet most of their iron-ore needs through the spot market last year, or sign individual contracts to buy iron ore at a higher price.

2021 prices

UPDATE 3-Rio agrees 33 pct iron ore price cut in …

Shares in new producer Fortescue Metals Group FMG.AX, which sells all its iron ore to China but has not been involved in any price negotiations, rose 4.4 percent to A$2.63. "This is a good start.

2021 prices

China, Australia to settle iron ore price within 10 days

China, Australia to settle iron ore price within 10 days THE fraught iron ore negotiations between Australian iron ore miners and Chinese steel mills, which have created a deepening diplomatic row ...

2021 prices

Is the iron ore boom really different this time?

Iron ore price sensitivities +/- $10/tonne movement in iron ore price 2019/20 2020/21 Nominal GDP +/- $6.3b +/- $ ... all the money set aside for West Australian operations has been in replacing ...

2021 prices

Miners push for record iron ore price | Financial Times

Global mining companies are pushing steelmakers to accept a record price for iron ore for the 2010-11 annual contracts, risking a repetition of last year''s stand-off with China.

2021 prices

With Chinese inventories ballooning, the price of iron …

Despite a recent tumble, the iron ore price has enjoyed a stellar start to the year. Technology & Business Business ... the price of iron ore is set to pop David Scutt May 9, 2016, 10:59 AM ...

2021 prices

Iron ore prices seen staying high in Q1 2021 | Hellenic …

Just 23% saw their iron ore needs declining in Q1, the Outlook found. The Platts 62% Fe iron ore fines benchmark has risen 30% since the start of November, hitting a seven-year high of $160.70/mt ...

2021 prices

Production cuts in Japan to pull down iron ore prices

For the first time in five years, contract prices of iron ore will soften following production cutbacks in Japan on account of the quake. Benchmarks Nifty 14,938.10-142.65 NSE Gainer-Large Cap Avenue Supermart 3,286.10 107.4

2021 prices

UPDATE 3-Rio agrees 33 pct iron ore price cut in …

Shares in new producer Fortescue Metals Group FMG.AX, which sells all its iron ore to China but has not been involved in any price negotiations, rose 4.4 percent to A$2.63. "This is a good start.

2021 prices