Iron Ore news

Eurasian Resources Group increased shipments of iron ore products to China this year.

The Association of American Railroads (AAR) has reported US and North American rail traffic for the week ending 15 August 2020.

AUMUND Fördertechnik GmbH has provided Austrian steel company voestalpine with an HBI evaporation cooler system.

Transnet Port Terminals has advised that Port Elizabeth Bulk Ore Terminal will shut to shipping between 4 and 10 July 2020.

ESL Shipping has recently announced that its vessel was fuelled in Raahe, Finland with 100% renewable liquefied biogas to transport iron ore SSAB.

An EastGate report has stated that Chinese steel stockpiles have reached record highs amid the coronavirus outbreak, but are now steadily easing.

Reuters has reported how the Baltic Exchange’s main sea freight index recently posted its biggest percentage jump in eight months.

The increase in iron ore arrivals at Chinese ports has followed a 2 week decline.

BHP aims to decide early next year who has won a tender for LNG-fuelled transport to ship up to 27 million t, or about 10% of its iron ore to cut emissions by around a quarter, a Senior Executive said.

One of Transmin’s latest machines to be delivered will be used in an iron ore export stockyard application where it will be fed by giant front-end loaders depositing 50 t bucket loads into the reclaimer hopper, after which it will be transported at 2500 tph onto a stockyard conveyor.