2019 has been characterised so far by a stream of negative news concerning dry bulk demand, notably in the iron ore markets. Will Tooth, Analyst at Maritime Strategies International, uncovers some pockets of positivity.
Metso will deliver iron ore pellet plant and related engineering services to Tata Steel for the expansion of the Kalinganagar operation.
The two new indices will provide investors with reliable and publicly available investment performance benchmarks for iron ore, or as part of a selection of industrial metals including aluminium, copper, lead, nickel and zinc.
The company's management team will host a conference call to discuss the company's 3Q18 financial results on 21 November 2018 at 11:00 am Eastern Time (ET).
LASE has finished another follow-up order for 3D laser measurement systems for rail wagon unloaders at Vale in Sao Luis, Brazil.
The autonomous train, consisting of three locomotives and carrying around 28 000 t of iron ore, travelled over 280 km from Rio Tinto’s mining operations in Tom Price to the port of Cape Lambert.
Deals for 64% Fe Indian pellet in Tangshan were made at between Yn. 855-875 /wet metric tonne (wmt) this week, up by Yn. 5-25/wmt from last week.