Iron Ore news
As the yuan falls, seaborne iron ore slows
The decline in China’s yuan has caused seaborne iron ore purchases to slow.
Rio Tinto delivers iron ore via world’s first fully autonomous train
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.
Tata Steel provides update on Indian iron ore output
Tata Steel's Indian iron ore output has risen marginally from 2016 - 2017.
Indian iron ore pellet prices in Chinese market increase
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.
Rio Tinto accredited for AutoHaul project by Australia’s national rail regulator
The project concerns the autonomous operation of trains at the group’s iron ore business in Western Australia.
Cliffs to receive HBI cooling lines from AUMUND
AUMUND will supply its patented hot briquetted iron cooling lines to Cleveland-Cliffs for greenfield project.
Update on China’s iron ore imports
While China’s iron ore imports fell in February, it is expected to remain high over the following months due to seasonal demand.
Chinese iron ore, coal and crude imports grew strongly in 2017
Crude oil and iron ore imports reached the highest levels recorded, with coal imports reaching the highest level in three years.
BBI’s Railway Agreement formally becomes Act of Parliament in Australia
BBI Group announces that its Railway Agreement 2017 has formally become an Act of Parliament of Western Australia.
Essar Vizag Terminal prepares for commissioning of 8000 tph shiploader
Essar Vizag Terminal will shut down for a week in order to commission a 8000 tph shiploader, which is part of the port’s plan to upgrade the iron ore handling capacity.