ClevelandCliffs. ClevelandCliffs Inc., formerly Cliffs Natural Resources, is a Cleveland, Ohio based company that specializes in the mining, beneficiation, and pelletizing of iron ore, as well as steelmaking, including stamping and tooling. It is the largest flatrolled steel producer in North America.
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China imported a record billion tonnes of iron ore in 2017, worth about 80 billion at current prices, accounting for more than 80 percent of the country's total consumption.
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Having hit a threemonth high of /dmt July 25, the Platts IODEX 62% Fe iron ore price dropped to /dmt Aug. 8 on fading optimism around the outlook for China's economy. The iron ore market had been pinning hopes on further stimulus to boost China's flagging economic recovery ahead of the July 2324 politburo meeting presided over ...
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per ton. Based on reported prices for iron ore fines (62% iron content) imported into China (cost and freight into Tianjin Port), the highest monthly average price during the first 8 months of 2020 was per ton in August compared with the high of per ton in July 2019. The lowest monthly average price during the same period in
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Imported iron ore inventory among 247 Chinese steel mills was million tons on Aug. 25, down % from a year earlier, data from consultancy Mysteel showed.
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China's Iron and Steel Association has thrown in the towel on its attempts to preserve annual iron ore pricing after saying mills can sign deals with global miners.
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China, the world's top steel producer, imported billion tonnes of iron ore in 2020, data from the General Administration of Customs showed on Thursday. That beat annual imports of ...
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The China Iron Ore and Steel Association says crude steel output in August and in the first 10 days of September was higher than in the same period in 2019, 2021 and 2022. ... China port and mill ...
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Australian and Brazilian iron ore miners are safe for now. Steel mill owners in parts of China are in a bad mood, Beijingbased commodities consultant Simon Wu said. Steel inventories are slowly ...
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The mosttraded September iron ore on China's Dalian Commodity Exchange ended daytime trading % higher at 759 yuan () a tonne. It earlier hit 770 yuan, its strongest since April 20. On ...
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The exact ramifications to iron ore supply and China's vast steel sector from the burst dam at Vale's Corrego do Feijao mine, which has killed 142 people and left 194 others missing, are still ...
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Iron ore's mosttraded January 2023 contract on China's Dalian Commodity Exchange DCIOcv1 tumbled as much as % to yuan () a tonne, its lowest since July 28.
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Australia's mining industry has been caught out before by the pace of change. Back in the early 2000s, it struggled to keep up with China's accelerating iron ore consumption. Now, the risk is ...
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A massive untapped iron ore mine in West Africa has shot up China's list of belt and road priorities as it pushes to cut reliance on Australia and Brazil for the mineral essential to steel ...
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Chinese mills have spurned lower grade ores in recent years, preferring highgrade product from Brazil's Vale or 62percent midgrade Australian ores, aiming to churn out as much steel as ...
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Nov 2, 2022 Tokyo/Sydney | China's peak steelmaking body has warned that demand for steel, a key driver of Australian iron ore prices, will remain weak as the industry grapples with ...
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Prices of 65% ironcontent ore for delivery to China hit a fiveyearpeak of a tonne on Thursday, while its premium to benchmark 62 percent ore widened to fivemonth highs.
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China iron ore imports vs spot price STIMULUS, COVID. The hope is that the stimulus measures and a more relaxed COVID19 stance result in a strong start to 2023, and certainly steel mills appear ...
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China's iron ore imports are expected to fall by 2% in 2022 to billion mt before dropping another % in 2023 to billion mt, according to SP Global Commodity Insights. China imports around 1 billion mt of the steelmaking metal for its behemoth industry, with most of the shipments coming from Australia followed by Brazil. ...
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China is the world's biggest consumer of iron ore with its 1bntonneayear steel industry absorbing about 70 per cent of global production, most of it supplied by Australia.
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China has asked exporters to report transactions of strategically important rare earth metals and oxide products, as economic security remains high on the agenda for policymakers. Importers of ...
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Mills in China account for more than half of global steel production and are the largest importers of iron ore. AP. China imports most of its iron ore from Australia and Brazil, taking billion ...
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China's iron ore imports in the first half of 2023 hit a record high for the period at million metric tons, % higher than a year ago, customs data showed. It could raise concerns for ...
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China's iron ore imports rose % in November from a month earlier to hit their highest since July 2020, customs data showed on Tuesday, although a sluggish steel market damped demand for the ...
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