Improved production following the weather-hit start of 2012 has still left global miner Vale well behind in its year-on-year performance for 7.2% above Q1 2012 but 20.8% behind the Q2 2011 figure of $15.35B. Net earnings were $2.66B, down 30.4% on Q1 2012 US, China trade war to send iron ore prices tumbling as gap widens between high and low-quality product The Federal Government predicts the price of Australia's biggest export could fall 20 per cent from 2017 to an average price of $51.50 a tonne in 2018 because of slowing demand in China as Beijing clamps down on steel production to curb pollution.

FTSE 100 hits one

The Financial Times have done a good piece about the fall in junk bond prices -- which is another sign that investors are very worried. Here's a flavour: Fears over the impact of the coronavirus outbreak sparked a sharp sell-off in junk bonds on Monday, pushing borrowing costs for the riskiest energy companies to their highest level in more than three years.

Shares in Vale, the world's largest producer of iron ore, fell as much as 4 percent on Thursday even as Brazil's benchmark Bovespa stock index rose 2 percent. Vale is attempting to boost production and cut costs as it competes with Australian rivals Rio Tinto Ltd and BHP Billiton Ltd at a time when slack demand from steel makers has pushed iron ore prices near five-year-lows.

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Vale May Become Biggest Nickel Producer Next Year - Vale SA, the world's biggest iron- ore miner, may become the largest nickel producer by next year as it begins output at new projects in Brazil and New Caledonia, Chief Executive Officer Roger Agnelli said.

Rio Tinto also has a majority stake in an iron-ore operation in Canada, Iron Ore Company of Canada, where its share of output in 2016 increased 3% on-year to 10.7 million tons. Iron ore prices have steadied around US$80 a ton, down from a peak around US$190 a ton in 2011, in the heady days of the mining boom, but up from as low as US$37 a little over a year ago.

Iron Ore Caught in China Downdraft

2019/8/13Fortunately, the federal government uses a base iron ore price of $55 a ton in the budget, meaning the slide in prices doesn't pose a threat to its fiscal forecasts — yet. But it's worth remembering that Treasury's sensitivity analysis shows a $10-a-ton decline in the iron ore price would crimp gross domestic product by A$6.3 billion in 2019-20 and A$13.6 billion in 2020-21.

ET Intelligence Group: Tata Steel's December 2018 quarter earnings failed to surprise analysts. However, the short-term outlook is favourable given a sharp rise in iron ore prices, extension on import duties by Europe and a jump in domestic steel prices. In the

VALE HANDLES COVID-19 TO LIFT Q2 20 IRON ORE 13.4%, NICKEL 11.7% Despite COVID-19, Vale has managed to lifted Q2 20 iron ore/nickel/cobalt production, with copper, manganese, coal and gold sliding SUPER PIT LIFTS SARACEN FY 20 GOLD PRODN TO 520,414oz

Rio Tinto also has a majority stake in an iron-ore operation in Canada, Iron Ore Company of Canada, where its share of output in 2016 increased 3% on-year to 10.7 million tons. Iron ore prices have steadied around US$80 a ton, down from a peak around US$190 a ton in 2011, in the heady days of the mining boom, but up from as low as US$37 a little over a year ago.

(GT) The world's largest iron ore producer Vale SA may cut iron ore prices by about 10 percent, the first reduction in a year, indicating the miner has begun to consider demand when setting prices. (FX) The Nomura/JMMA Manufacturing Purchasing Manager Index reached 50.1 points in August down from a figure of 52.8 in July and only fractionally above the neutral 50.0 threshold.

2019/8/5Prices of iron ore have spiked this year after disruptions caused by a cyclone in Western Australia added to a supply cut from the world's top iron ore miner Vale. Rio Tinto's underlying earnings for the six months ended June 30 rose to $4.93 billion from $4.42 billion a year earlier, the company said."

SteelandMetals powered by Rarelogics Infotech Private Limited incorporated in 2009, since associated with leading Steel OEM Manufacturers pan India for sale of various Prime and Secondary flat steel products. The Associations comprises of reputed

Top Iron Ore Shipper Cuts 2016 Forecast by 19% as Glut Grows Bank sees China's hot-rolled coil price falling 13% in 2016 China Baosteel's Iron Ore Project In Australia Latest Casualty of Price Collapse One of the Last Metal Hedge Funds Says China to Bring

Iron ore prices to be 'quite a bit lower' next year; steel to

Average prices for 62% Fe iron ore fines delivered to China may fall to $80/mt in 2020, from $94/mt in 2019, before sliding to $60/mt in 2021 and 2022, Liao said. This would not be far off the 2018 average price at $69/mt, before this year's disruptions.

Average prices for 62% Fe iron ore fines delivered to China may fall to $80/mt in 2020, from $94/mt in 2019, before sliding to $60/mt in 2021 and 2022, Liao said. This would not be far off the 2018 average price at $69/mt, before this year's disruptions.

Jul 22, 2014 This fall in earnings is in line with a fall of 17% in export iron ore prices. The company says it expects prices to remain similar for the current quarter, adds BDLive. But with restocking by steel mills and a slowdown in Chinese domestic iron ore production in their winter, Kumba thinks iron ore prices will find support later in the year.

Home Vale Earnings Fall On Sliding Ironore Prices Marketwatch 86 kansanshi mining kansanshi mining plc is a very large mining company located in the northwestern province of zambia kansanshi mine is a copper mine that owns and controls the copper mine in zambia it is practically one of the largest copper reserves zambia has with an estimated reserves of 727 million tonnes of ore graded at

Another day, another downward slip in spot rates for the workhorses of dry bulk shipping known as Capesizes — larger vessels with a capacity of at least 100,000 deadweight tons (DWT), usually around 180,000 DWT. Capesizes had a great run in the third quarter.

Jul 22, 2014 This fall in earnings is in line with a fall of 17% in export iron ore prices. The company says it expects prices to remain similar for the current quarter, adds BDLive. But with restocking by steel mills and a slowdown in Chinese domestic iron ore production in their winter, Kumba thinks iron ore prices will find support later in the year.

Despite COVID-19, Vale has managed to lifted Q2 20 iron ore/nickel/cobalt production, with copper, manganese, coal and gold sliding SUPER PIT LIFTS SARACEN FY 20 GOLD PRODN TO 520,414oz Saracen has flagged an up to $200M FY 20 net profit from $1.07B revenue on the Super Pit's 1st 132,595oz contribution.