IRON AND STEEL

CLIFFS FOCUSES ON EXPANSION, EXPLORATION

As Cliffs Resources makes $400m public offering, S&P assigns ‘BBB-‘ rating

Thursday , 11 Mar 2010
Standard & Poor's approves of Cliffs Natural Resources' plan, which bets on the resurgence of global steel markets, and will result in some product diversification.
SCRAP SUPPLY

Schnitzer sees healthy demand for US steel scrap

Wednesday , 10 Mar 2010
The group says it is driven primarily by export market consumption largely out of Asia
IRON ORE PRICES

Iron ore benchmark deal expected in April - Anshan Iron and Steel

Wednesday , 10 Mar 2010
But, the president of the Chinese iron and steel group urged the big iron ore suppliers to be "more reasonable" in their demands
ASIA TO SHINE

European steel demand to bounce 20% in 2010 - WSA

Monday , 08 Mar 2010
but, the World Steel Association cautions much of the West's business has been irrevocably lost to the East
IRON ORE PRICING

Angang steel president not holding out hope for low iron ore price increases

Friday , 05 Mar 2010
The president of the fourth largest steel producer in the Asian superpower said the increase is likely to be relatively large
NEWSPAPER REPORT

Newspaper claims India likely to offer big discount on NMDC share sale

Friday , 05 Mar 2010
The Economic Times citing unnamed sources said the floor price for the follow-on share sale could be 30 to 35% lower than the market price
WORLD'S HOTTEST 100 MINING STOCKS

The fortunes of iron ore and its many good bedmates

Thursday , 04 Mar 2010
The broad, heavy, heave continues towards integrated steelmakers, and upstream to iron ore, coking coal, manganese, nickel, and even molybdenum and cobalt.
IRON ORE PRICING

Analysts dismiss Chinese price hike report

Thursday , 04 Mar 2010
Commentators consider claims that global miners offered Chinese steel mills a 50% rise in iron ore prices as unlikely, maintaining that a rise of 65 to 70% is more probable
THE IDES OF MARCH STEEL

ArcelorMittal SA limps back into action

Wednesday , 03 Mar 2010
Kumba Iron Ore retains the high moral, and financial, ground, in a grinding showdown.
STEEL DEMAND

2010/2011 steel demand to grow 10% - India

Wednesday , 03 Mar 2010
India's steel secretary said Wednesday the increase in demand comes on the back of higher planned spending on infrastructure
IRON ORE WAVE

ArcelorMittal Brazil to reclaim iron mine from Vale

Wednesday , 03 Mar 2010
The steelmaker, which rented the mine to Vale in 2004 said Tuesday it will resume operations at the facility after soaring iron ore prices make the business more attractive.
FRONTIER INVESTING

Megatrends: iron ore and coking coal

Tuesday , 02 Mar 2010
The investment version of a benevolent tsunami is again building up in the form of dozens of iron ore stocks on the move.
ANALYSIS

Chaos could be looming as China pushes for "unified price" for iron ore

Tuesday , 02 Mar 2010
The China Iron and Steel Association continues to fight to give the industry a single voice despite long-running conflict between state -owned mills and private operators
HUNDREDS OF MILLIONS OF DOLLARS AT STAKE

Kumba kicks ArcelorMittal SA where it hurts

Friday , 26 Feb 2010
One of the world's craziest contracts sees Kumba halt iron ore feed to the steelmaker.
COAL PRICES

Japanese steelmakers reject BHP's proposed 55% coal price - Nikkei

Tuesday , 23 Feb 2010
BHP offered $200 per tonne for the quarter but, Japanese steelmakers say it is too hard to evaluate without an annual price
NMDC EYEING 6 FOREIGN PROPERTIES

India's largest iron ore miner NMDC rumored to be investing in Brazilian iron ore

Tuesday , 23 Feb 2010
India's largest iron ore miner, NMDC, is allegedly investing outside the country for the first time in order to meet the needs of India's growing steel manufacturing sector.
ESTIMATED $10BN IN COST SAVINGS

Australian regulator wants more time to review Rio/BHP JV

Friday , 19 Feb 2010
Australia's competition regulator has asked for additional information before it makes a decision on whether or not the proposed $116bn iron ore joint venture may go ahead
IRON ORE PRICE FORECAST

Sharp iron ore price rise expected in 2010/11 - Fortescue

Friday , 19 Feb 2010
The group says it is running its mines at higher production rates
BEYOND THE HEADLINES

Kumba boost for Anglo

Thursday , 18 Feb 2010
Kumba Iron Ore has a ripsnorter year; major shareholder Anglo American benefits from a bumper dividend.
WORLD'S MOST PROFITABLE MINING FRANCHISE

Higher prices bring old and new iron ore miners into focus

Tuesday , 16 Feb 2010
As negotiations continue over this year's iron ore benchmark prices, the miners hold the whip hand with spot prices nearly double last year's benchmark levels.
IRON ORE PRICING

Despite iron ore miners' comments, a doubling in prices is unlikely

Tuesday , 16 Feb 2010
Analysts maintain that while a 100% increase is unlikely, an agreement between steel mills and iron ore miners could well outstrip the 40% mark
$40-$80 INCREASE SOUGHT

Global iron ore price negotiations - news and analysis

Friday , 12 Feb 2010
Analysts from Platts in New York sort through the developments affecting this year's iron ore price negotiations, iron ore being one of mining's most profitable sectors for the moment.
CAP SHARES DOWN 2.4%

Mitsubishi to take stake in CAP mining unit

Thursday , 11 Feb 2010
The Chilean metals producer said the deal for the 25% stake is worth $924m
WILL BOOST POTASH, PHOSPHATE ROCK ASSETS

Vale says it will struggle to satisfy iron ore, nickel demand this year

Thursday , 11 Feb 2010
The world's top iron ore miner says it is "confident in the expansionary trend of the demand for minerals and metals" and views 2010 "as a very promising year."
CHINESE IRON AND STEEL MARKET

Chinese iron ore imports, steel exports slow

Wednesday , 10 Feb 2010
Iron ore imports fell 25% while steel exports saw an end to a seven-month rising trend.
MANAGEMENT SHUFFLE

BHP names new Iron ore chief

Monday , 08 Feb 2010
In the second major management reshuffle of a big miner in a week, the group announced that Chris Campbell is the new president of the group's iron ore business
WORLD'S GREATEST MINING FRANCHISE

Exxaro (and other) iron ore wannabes

Friday , 05 Feb 2010
65 listed iron ore development companies twist like devils to get to the front of a global pack
INVESTOR HUB: Moly / Nickel (Iron)

   


TOP STORIES

HIGHLY-ENRICHED URANIUM

Russia likely to cease uranium exports from decommissioned weapons in 2013 - Cameco

Thursday , 11 Mar 2010
The uranium miner's CEO says the group is increasingly convinced, although still skeptical that this is when the 20-year deal between the country and a consortium of companies commissioned to sell the highly-enriched uranium will come to an end.
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