Blog > Archive by tag 'iron ore'
Vale (RIO) has cancelled its iron ore shipments to China until the country’s steelmakers cough up more dough. But China has other ideas. And Vale may find its products aren’t as vital as it originally thought.
by Stephanie Grimmett
Baltimore — (TFN): It’s the "teach a man to fish" theory of steelmaking: Buy iron [...]
Tags: australia, bhp, billiton, brazilian, china, chinese, grange resources, grr, iron ore, jiangsu shagang, rio, RTP, steel, steelmakers, stephanie grimmett, tinto, vale
"Stock prices for paper companies have been erroding for more than a year. But a recent bump upward could mean the mills might rise again." — Stephanie Grimmett
by Stephanie Grimmett
Baltimore — (TFN): I’m betting this will have tree-huggers (the literal kind, not just any hippy who might be around) screaming for blood: Did you [...]
Tags: china, chinese, coal, consolidation, europe, iron ore, paper, paperless, papermill, stephanie grimmett, stocks, stora enso, svenska cellulosa, tree hugger, us, wall street journal, web 2.0
"It’s important that we get back to the fundamentals of supply and demand. Some commodity prices have held up and even continued to rise. These tend to be those where the price is set by contract negotiations." — Bradley Mitchell
Blogger’s note: Ever wonder where professional traders are putting their money? Well, now you don’t have [...]
Tags: banks, bear, bradley mitchell, bull, coal, Commodities, commodity prices, contract negotiations, ifl, international ferro metals, iron ore, metal prices, miners, mining, Moneyweek, supply and demand, Xstrata, xta
"When yearly contracts were made in February at an 86% increase on last year’s prices, China’s steel producers gulped so hard they nearly swallowed their own teeth. But that wasn’t the end of it. Both Rio Tinto and BHP renegotiated their contracts for even higher prices this summer. And now its big brother’s turn." — [...]
Tags: australia, bhp, billiton, brazil, china, companhia, doce, iron ore, rio, RTP, souther systems fines, steelmakers, tinto, ton, vale
“Anyone who thinks China’s insatiable hunger for metals is going to subside any time soon need think again. On Monday it was announced that Chinese steelmakers have agreed to a new contract with Rio Tinto (RTP:NYSE) for the price of iron ore, which saw a 96.5% rise on last year.” — Dominic [...]
Tags: bhp, billiton, china, coal, futures market, iron ore, oil, Rio Tinto, RTP, speculators, steel, vale
“Get this: MTL posted a 94% year-on-year rise in coking coal output for the first quarter of 2008. Nickel and iron ore output also experienced year-on-year growth, though not as much as coking coal.” — Sara. Nunnally
by Sara Nunnally
Baltimore – (TFN): Last Thursday, Mechel OAO (MTL:NYSE) announced record [...]
“We saw exactly the same thing with uranium last year, we saw it with wheat, corn and soybeans this year; we saw it with copper, lead, zinc and nickel, we’ve just seen it with rice.” — Dominic Frisby
by Dominic Frisby, MoneyWeek
Baltimore – (TFN): When a commodity or [...]
Tags: coal, commodity, copper, corn, food, Gold, housing, iron ore, lead, nickel, oil prices, rice, soybeans, technical analysis, uranium, wheat, zinc