BHP Creation of Iron Ore Trading Exchange Meets with Disapproval from the Far East
It doesn't matter if you put the iron ore price on a derivative market or negotiate it through an over-the-counter channel. A giant supplier is still a ... More
Lower China Demand Hits Iron Ore Prices
With China, world's largest importer of iron ore, unwilling to buy the mineral including those from India at higher rates, prices have... More
Iron Ore is Flinders Diamonds' Jewel
... after the company's share price surged a massive 790 per cent yesterday on the news that it had identified an "iron ore target" of up to 390 million ... More
Iron Ore Prices to Soar on Asian Steel Demand
Iron ore prices are expected to shoot up by 30 to 50 percent next year, as growing urbanisation in countries such ... More
BHP, Rio May Not Lift Iron Ore Output, Analysts Say (Update2)
Iron-ore prices have tripled in the past five years on increased Chinese demand. Prices for the commodity may rise by 50 percent next year, Macquarie Group... More
Iron Ore Likely to Steal Gold’s Sheen
The forecast of Chinese tailwind is on iron ore. With negotiations between global miners and Chinese steel mills for 2008 iron ore contract price are poised ... More
October 2007
BHP Wants Iron Ore Index Introduced for Price Talks (Update4)
Baosteel may have to accept a bigger increase in benchmark iron-ore prices than the 9.5 percent gain it negotiated at the end of 2006, the smallest advance ... More
Brazil's Growing Steel Demand Tightens Ore Supplies
Brazil's steel industry is forging ahead on growing demand from an expanding economy, adding to upward pressure on iron ore prices, while foreign steelmakers are moving in to get closer to ore reserves, sector experts said. More
Chinese Demand Fuels Iron Ore Price
The steel industry is braced for an increase of up to 50 per cent in the contract price of iron ore next year as a result of strong demand from China and lagging supply, industry executives and analysts have warned. More
Iron Ore Stocks Move Up on Price Hike Hopes
With the BSE and NSE benchmarks scoring their biggest single-day gains, iron ore stocks such as Sesa Goa, National Mineral Development, and SAIL were major beneficiaries. More
Iron, Copper Ore Imports Up
The price soared to US$89.8 per ton in August, up 36.9 percent year on year. More
China Shipbuilding Frenzy To Cut Freight Costs by 40%
The cost of shipping coal and iron ore is about to decline as the supply of cargo vessels overwhelms demand. More
Iron Ore Prices Forecast to Rise by Between 20 Per Cent and 50 Per Cent After BHP Abandons Contract and Goes for Spot Price, for New Sales
Analysts predict iron ore prices to rise by between 20 per cent and 50 per cent. More
Iron Mountain, BHP, Fortescue Rise; Iron Ore Price to Soar 50% in 2008
It doesn't hurt Fortescue that iron ore prices are probably going to go up by 50% in 2008. More
September 2007
BHP, Rio Tinto Price Targets Raised on Iron Ore, HSBC Says
Rio Tinto Group and BHP Billiton Ltd. had their share-price targets raised by HSBC Holdings Plc because of expectations for a jump in iron-ore prices. More
Rising Costs Threaten Steel Makers' Profits
This could prompt more consolidation in a still-fragmented industry as steel producers seek more bargaining clout and economies of scale More
Ibram Foresees Strong Iron Ore Demand Thru 2015 - Brazil
Worldwide iron ore demand is expected to remain "accelerated" until at least 2015, Paulo Camillo Penna, president of Brazilian mining institute Ibram, told BNamericas. More
Iron Ore Shortage Spells Record Contract Price Hikes
The international market for iron ore is the "tightest it has ever been" and contract prices could rise next year due to Chinese demand for steel input and a slower-than-expected supply from Brazil and Australia. More
Gindalbie Metals Signs Deal With China, Iron Ore Demand Keeps Rising
Iron ore demand is expanding faster than BHP (ASX:BHP) and Rio Tinto (ASX:RIO) can keep up with. More
Coal, Iron Ore Prices Could Surge 30%
Merrill Lynch has revised its forecast for iron ore and coal prices upward, saying unprecedented demand from China will remain high and supply will struggle to keep pace. More
Chinese Demand to Lift Iron Prices for Sixth Year
Strong Chinese demand was likely to raise iron ore contract prices for a sixth consecutive year, with the trend showing no signs of abating... More
China Steel Demand Driving Record India Ore Prices
Chinese steel prices are surging despite a cut by the country's top mill, prompting a scramble for spot iron ore cargoes from India and pushing the raw material's prices to record highs almost every day. More
August 2007
BHP Billiton, Rio Tinto Bullish on Chinese Demand for Iron Ore
Officials from Anglo-Australian mining giants BHP Billiton (BHP.AU) and Rio Tinto (RIO.AU) said Monday that they see no imminent slowdown in China's rampant demand for iron ore. More
July 2007
Iron Ore Firms May Get 20% Contract Fillip
“There’s speculation of a 20% plus price increase for next year taking lump to $111,50/t,” said John Meyer, an analyst for Numis Securities in a recent note. Analysts are currently assuming a 10% increase. More
RPT China Sees CVRD, BHP, Rio Tinto Reducing Iron Ore Supply Ahead of Talks
The three leading global iron ore suppliers are reducing their supply to China to ensure strong prices ahead of negotiations to set a benchmark price for the year beginning in April 2008... More
Tight Supply or Oversupply? Speculation Abound in Global Iron Ore Market Shanghai. July 17. INTERFAX-CHINA - Next year's trends for the international iron ore market still remain elusive as international and domestic analysts and officials are divided over whether the global iron ore market will be in tight supply or oversupply in 2008. More
Iron Ore Prices May Explode in 2008Rio Tinto, the world's third-largest mining company,...Output of iron ore jumped 11 percent to 37.1 million metric tons in the three months ended June 30, the London-based company said today in a statement. More
Iron Ore Tipped for 25pc Price HikeIron ore prices are tipped to jump a further 25 per cent next year, joining heady gains for coal exporters and powering the resources boom and the share market. More
Rio Tinto Says Iron-Ore Production Rose to RecordRio Tinto, the world's third-largest mining company,...Output of iron ore jumped 11 percent to 37.1 million metric tons in the three months ended June 30, the London-based company said today in a statement. More
CISA Urges Domestic Steel Mills to Jointly Sign Iron Ore Transport AgreementsShanghai. July 9. INTERFAX-CHINA - The China Iron and Steel Association has urged domestic steel mills to jointly sign long-term iron ore transportation contracts with large shipping companies, in order to combat high-level fluctuating freight costs, a senior CISA official told Interfax today. More
Iron Ore Veteran Expects Further Price Rise AheadThe bold price prediction by Mr Jones, who also chairs Gindalbie Metals, ...that Chinese demand will underpin an estimated rise in seaborne iron ore trade. More