Iron Ore news
Bedeschi awarded for supporting green energy transition
Bedeschi has been awarded the complete EPC contract from Voestalpine, an international steel maker, for a complex upgrade of their recently built Direct Reduced Iron (DRI) production plant at Corpus-Christi/Portland, Texas, US.
NYK takes delivery of Japan’s first LNG-fuelled capesize carrier
NYK has held a naming ceremony for Japans first LNG-fuelled capsize carrier which will transport iron ore and coal from Australia to Japan.
Iron ore market sees strong start to 2024
Iron ore has benefitted from a strong start to 2024 thanks in part to rising prices and robust imports by Chinese buyers.
Pilbara Ports mark an overall increase in cargo throughput for December 2023
Pilbara Ports has reported that in December 2023 there was an overall increase in total monthly throughput when compared to December 2022.
The AAR closes out on 2023
The Association of American Railroads (AAR) reported US rail traffic for the week ending 30 December 2023, as well as volumes for December 2023.
Demand for the iron ore pellet market forecast to increase
Future Market Insights have forecast the demand for iron ore pellets to increase from US$66 503.9 million in 2023 to US$141 988.8 million in 2033.
Vale has performed its first biofuel voyage for its iron ore shipping
Vale, in partnership with Oldendorff Carriers, has commenced its first biofuel voyage with the Hinrich Oldendorff fuelled by residual cooking oil and fuel oil.
Alien Metals has entered into an MoU with Pilbara Ports Authority
A Memorandum of Understanding has been executed by Alien Metals Ltd with Pilbara Ports Authority for the export of iron ore.
Signal Group have seen increased optimism in the dry bulk market
Signal Group have reported that the dry bulk shipping market looked to have a more optimistic outlook with iron ore also experiencing a rally in price.
Fortescue ships first magnetite product from Iron Bridge
Fortescue’s first shipment from its newly built Iron Bridge operations will soon be on its way to Vietnam, marking the first time the company has exported a high-grade magnetite product.