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The BJP government in Goa on Wednesday approved a policy permitting mining companies to export low-grade iron ore, paving the way for resumption of mining activity that has been stalled since 2018.
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The government of the western Indian coastal state of Goa has appointed State Bank of India (SBI), the country's largest bank, to help auction six to eight iron ore blocks within the month of December this year, government sources said on Thursday, November 25. The sources said that the iron ore blocks will be auctioned through the newly set ...
Iron ore supply is another part of this, which is part of the downward pressure we're seeing on iron ore prices. The key to keep in mind is going to be Valley. And Valley additions this year they're going from about 330 million tonnes in the middle of the year as a production capacity to about 343 million tonnes by the end of this year.
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In terms of what this all means for prices, UBS Group expects iron ore to average $85 a ton in 2022, while Citigroup sees $96. Capital …
China's steel industry body demanded an explanation from BHP about the surging cost of iron ore in December last year, before prices went on to reach a record high of US$230 per tonne in May.
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The most-traded iron ore for May delivery on China's Dalian Commodity Exchange ended the morning session 0.7% higher at 687.50 yuan ($107.80) a tonne. The futures rally mirrored the upbeat mood in ...
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Royalty income under the Peters Lease fee agreement also is recognized as it is earned. Under such agreement, however, royalties are earned [at the option of NMC (Cyprus NMC through September 30, 1994)] either upon mining of crude ore from Peters Lease lands or upon shipment of iron ore product produced from Peters Lease lands.
Mining major NMDC produced 3.34 million tonnes (MT) of iron ore and registered sales of 2.88 MT in November. The output was higher compared with the 3.32 MT produced a year earlier, while monthly sale
Royalty income under the Peters Lease fee agreement also is recognized as it is earned. Under such agreement, however, royalties are earned [at the option of NMC (Cyprus NMC through September 30, 1994)] either upon mining of crude ore from Peters Lease lands or upon shipment of iron ore product produced from Peters Lease lands.
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Iron ore prices hit US$200 a tonne on Friday morning, as Chinese steel mills rushed to lock in supply in the event trade restrictions emerge between Australia and China. ... Iron ore at the bank.
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Liberum Capital Ltd. is forecasting $93 a tonne next year. The Bank of America's global research team is also lowering its price forecast for iron ore fines in 2022 by 45% to $91 per tonne (down ...
Iron ore prices sank to an eight-month low on Thursday in the wake of concerns stretching from China's economy, covid-19 and the tapering of Federal Reserve stimulus. According to Fastmarkets ...
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The most-traded iron ore for May delivery on China's Dalian Commodity Exchange rose as much as 2.7% to 703 yuan ($110.28) a tonne, its highest level since Oct. 28. Iron ore's February contract on ...
Minnesota's Iron Range has long had but a single product: taconite, a processed pellet that is about 65 percent iron ore, which is exported mostly to steel mills on the Great Lakes that use traditional blast furnace technology. New proposals would broaden the base of iron products, from a new higher-content iron nugget to finished steel.
India's largest government-owned iron ore producer NMDC has recently reduced the price of 65% ferrous (fe) content lump material by Rs 200 to Rs 5,950 a tonne and that of 64% fe endowed fines by ...
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Cross-rolling mills of this kind are shown in the S. E. Diescher Patents 1,586,975, 1,870,209, 2,031,761 and 2,042,832. The guide discs and cross-rolls of such mills are driven at a comparatively high R. P. M., and the peripheral work-engaging faces of the guide discs move at correspondingly high speed in high pressure contact with the rapidly ...
In 2019-20, NMDC exported 2.44 million tonne (MT) iron ore, but it came down by around 6% to around 2.3 (MT) in 2020-21. There have been no exports so far in …
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Overview of the Steel and ron Ore arket Overview of the lobal steel and iron ore market Production output trends EIU experts revised downwards the estimates of the 2017 global steel output from 5.5 percent to 3.8 percent in accordance with the full-year statistical data released by the World Steel Association
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