What Does Terminated Contract with Essar Algoma Mean for Cliffs
Securing a longterm iron ore supply contract from any other supplier doesnt seem sustainable given the high freight costs if the supplier is outside the Great Lakes area and the fact that
China to accelerate domestic iron ore exploration to secure
China Iron and Steel Association CISA vowed on Thursday to accelerate development of domestic iron ore source and the construction of overseas iron mines invested by Chinese companies in order
Global Iron Ore Mining Outlook
Global iron ore production growth will accelerate in the coming years bringing an end to the stagnation that has persisted since iron ore prices hit a decadelow average of USD55.0/tonne in 2015
Vietnam steelmaker buys Australian iron ore mine to secure supply
HANOI Leading Vietnamese steelmaker Hoa Phat Group has purchased the entire interest in an Australian iron ore mine to secure a stable supply of materials in a competitive market.
Beijings new iron ore security policy puts Australian
Beijings new iron ore security policy puts Australian miners on edge. Chinas decision to construct a raft of new very large ore carrier VLOC terminals is being interpreted by some
How iron ore is powering Chinas infrastructure boom and why
How iron ore is powering Chinas infrastructure boom and why securing new sources is so vitally important Chinas domestic iron ore supply is relatively lowgrade and expensive to process
Revealed: Chinas plan to wean itself off Australian iron ore
With talk of war in the air it is one of national security. If Australia were to cut supplies off now for example the construction sector in China the core of the economy would struggle to stay afloat. China is pushing Brazil Australias main iron ore competitor to get back online after accidents and COVID19related shutdowns.
THE EFFECT OF IMPORTS OF IRON ORE AND SEMIFINISHED STEEL ON
IMPORTS OF IRON ORE OR SEMIFINISHED STEEL 18 1. U.S. Industry Produces Sufficient Iron Ore and SemiFinished Steel to Satisfy National Security Requirements 18 2. There are Sufficient Human Resources Products Materials and Other Supplies and Services Necessary to the Domestic Production of Iron Ore and SemiFinished Steel 24 3.