- Write by:
-
Sunday, November 4, 2018 - 12:07:47 PM
-
1247 Visit
-
Print
Mining News Pro - World`s second largest exporter of iron ore - Brazil has recorded 10% increase in export volumes to 37.2 MnT in Oct`18 as compared to Sep`18 exports at 33.90 MnT, according to trade statistics released by Brazil customs.
According to Mining News Pro -World`s second largest exporter of iron ore - Brazil has recorded 10% increase in export volumes to 37.2 MnT in Oct`18 as compared to Sep`18 exports at 33.90 MnT, according to trade statistics released by Brazil customs.
Amidst uncertainty in winter production curbs , Chinese mills still prefers low alumina high- grade Brazilian iron ore (Carajas fines) resulting in increased exports from Brazil.
On yearly basis, Iron ore export by Brazil witnessed 6% rise in Oct`18 as against 35.3 MnT in Oct`17.
Average iron ore prices up 7% in Oct`18
The average price of iron ore exported from Brazil for Oct`18 witnessed at USD 55.7/MT, increase of 7% on monthly basis as against USD 52/MT in Sep`18. Demand for high grade iron ore in China is expected to sustain amid China`s steel capacity cuts and stringent environmental norms.
The average price of iron ore in Oct`18 witnessed stable as compared to Oct`17 price at USD 55.9/MT.
Short Link:
https://www.miningnews.ir/En/News/291568
China’s Ganfeng Lithium Group Co. plans to pay about $408 million to buy out its partner in a lithium mine being ...
Copper briefly traded through $10,000 a ton as investors raised bets on Federal Reserve rate cuts, and Goldman Sachs ...
China’s central bank added 60,000 troy ounces of gold to its reserves in April, official data showed on Tuesday, ...
BHP’s plan to divest the South African assets of its target Anglo American are key to the strategy behind the proposed ...
The secretary-general of the International Seabed Authority is set to run for a third term leading the United ...
First Quantum Minerals said on Monday it is looking forward to talks with Panama’s new government to find a resolution ...
BHP has put South Africa and its mining sector on the spot. The $140 billion Australian group’s ambitious swoop on rival ...
The chairman of Chile’s state-run copper giant Codelco said on Monday that he expects to reach a lithium deal with ...
Gold rose after mixed signals from the US, where optimism is growing the economy is on target for a soft landing as the ...
No comments have been posted yet ...