Sentences with phrase «as iron ore prices»

Atlas Iron and BC Iron have both reported big losses following impairments and a race to cut costs as iron ore prices remain depressed.

Not exact matches

Western Australia's largest indigenous corporation has announced it is cutting jobs and assessing its member benefits structure as a result of weak iron ore prices.

As miners deal with the reality of a prolonged slump in the iron ore price, Fortescue Metals Group is quietly going about the business of building the state's third magnetite mine and processing plant.

The value of Australian iron ore exports is expected to fall next year as strong growth in production volumes is offset by a slump in prices to a forecast $ US52.10 per tonne in 2016.

BC Iron has terminated a mining services contract with Watpac Civil & Mining three months early as it seeks to cut costs at its Nullagine joint venture operation in response to the plunging iron ore prIron has terminated a mining services contract with Watpac Civil & Mining three months early as it seeks to cut costs at its Nullagine joint venture operation in response to the plunging iron ore priron ore price.

As smaller iron ore miners scramble to cut costs to deal with falling prices, another hurdle looms — customers» preference for quality.

In an April 22 report, he wrote that there's too much pessimism in copper markets and that issues in the iron ore industry, such as oversupply, are already priced into the market.

As China battles the seeming inevitability of a 19 per cent price hike in iron ore prices, the country's largest iron ore importer is moving quietly to stitch up more long - term supply from Western Australia.

A higher iron ore price has helped Atlas Iron post operating cash flow of $ 58 million in the December quarter, as the company maintained that it would reach a net cash position by the middle of the yiron ore price has helped Atlas Iron post operating cash flow of $ 58 million in the December quarter, as the company maintained that it would reach a net cash position by the middle of the yIron post operating cash flow of $ 58 million in the December quarter, as the company maintained that it would reach a net cash position by the middle of the year.

It's not just oil... iron ore, aluminum and steel are all getting slammed, as the decline in commodity prices takes a toll on companies and the global markets.

But the two, along with iron ore, pared gains at the close as steel prices came off.

As an aside, it seems generally to be the case that the longer an adjustment is constrained, the more likely that the adjustment takes place in the form of what traders call «gapping» — which is a big, discontinuous change instead of a smooth adjustment — so when the change finally took place, the fall in demand (and iron ore prices) would almost certainly occur very quickly, in a matter of two or three years, perhaps.

Normally the contraction impact of much weaker iron ore export prices should be partially mitigated by the expansion impact of a weaker Australian dollar, as iron - related inflows drop sharply.

Iron ore prices have slumped to $ US104 a tonne in recent days, yet Mr Power said it could soon rebound as high as $ US150.»

This means, to return to iron, if you understood China as a growth «system», with its own logic, its liquidity channels, its institutional distortions, its balance sheets that embedded pro-cyclical or counter-cyclical tendencies, etc. you would have known that once the process started, rebalancing was going to cause iron ore prices (and prices of other hard commodities) to collapse, and I stressed, as I often do, that I did not think the word «collapse» was overly dramatic.

In fact as I started writing more about the outlook for hard commodity prices over the next year, I adjusted my outlook downwards and proposed that iron ore prices would fall below $ 50 a ton before the end of the decade.

As millions of people in emerging markets left rural areas for cities, demand increased for building materials such as the iron ore used in steel, and this supported priceAs millions of people in emerging markets left rural areas for cities, demand increased for building materials such as the iron ore used in steel, and this supported priceas the iron ore used in steel, and this supported prices.

A key element in this shift is China; the value of Chinese exports to Canada tripled over this period and Canadian exports to China, while still small relative to exports to the US, have grown steadily in value driven by commodity exports which have been buoyed by high prices and huge demand in China for key Canadian exports such as minerals (nickel, coking coal, potash, copper and iron ore), pulp and lumber.

Huge increases in supply and large debt loads that needed to be serviced saw iron ore prices collapse as the supply and demand curve proved non-linear.

Coking coal and iron ore prices, which are mostly fixed in US dollars, fell in SDR terms as the US dollar depreciated late last year.

The cyclone's most likely trajectory, as forecast by the bureau, would see Cyclone Joyce bisect the towns of Tom Price and Newman by late on Saturday, meaning the cyclone is headed towards the heart of the Pilbara iron ore mining region.

To some extent, the falling prices of commodities such as iron ore and copper appeared related to attempts by Chinese authorities to rein in credit expansion, principally through stricter regulation of the financial sector and a tightening of liquidity in money markets used by banks and companies for funding.

As a result of the strong global demand for steel, coking coal producers negotiated an increase of around 120 per cent in contract prices, with iron ore contract prices generally rising by more than 70 per cent (Graph 39).

Much of the recent strength has come from a steep rise estimated for «other resource» prices, as sharply higher contract prices for iron ore and coal began to take effect from 1 April, and to a lesser extent, from rising base metals prices.

As well as these factors, KPMG said Atlas» forecasts were highly sensitive to movements in iron ore prices, «which continue to be depressed in a challenging global iron ore market»As well as these factors, KPMG said Atlas» forecasts were highly sensitive to movements in iron ore prices, «which continue to be depressed in a challenging global iron ore market»as these factors, KPMG said Atlas» forecasts were highly sensitive to movements in iron ore prices, «which continue to be depressed in a challenging global iron ore market».

Australia's iron ore producers need to remain disciplined as they prepare to develop the next generation of mines at a time when prices are forecast to soften.

Auditors for troubled iron ore miner Atlas Iron have warned there is «significant doubt» about its ability to continue as a going concern due to «material uncertainties» relating to its proposed debt restructure and weak iron ore priiron ore miner Atlas Iron have warned there is «significant doubt» about its ability to continue as a going concern due to «material uncertainties» relating to its proposed debt restructure and weak iron ore priIron have warned there is «significant doubt» about its ability to continue as a going concern due to «material uncertainties» relating to its proposed debt restructure and weak iron ore priiron ore prices.

Australia's live cattle exporters could soon enjoy another surge in prices as turbocharged demand from China makes beef the new iron ore.

The Australian sharemarket has retreated from six - year highs, as a plunge in the iron ore price weighed on miners and several poorer - than - expected earnings results convinced investors to take a breather.

The outlook is less clear for railroad companies exposed to commodities such as coal and iron ore, as falling prices raise questions over haulage volumes.

The short - term outlook in iron ore as well as met coal is uncertain and has less pricing support.

As a note, copper supply is a bit tighter than iron ore so margin improvements or weakness in the global economy have a greater impact on prices.

As you can see in the overlay of AUD pairs and gold above, the Aussie was tracking gold prices for the most past, as has been the case for the past few weeks since the Aussie decoupled from iron orAs you can see in the overlay of AUD pairs and gold above, the Aussie was tracking gold prices for the most past, as has been the case for the past few weeks since the Aussie decoupled from iron oras has been the case for the past few weeks since the Aussie decoupled from iron ore.

Luxembourg had ArcelorMittal, which slumped with the global steel industry as prices for coking coal and iron ore rose.

Since 2008, ClearCircle's been hit by a reduction in waste volumes, volatile & declining benchmark metal prices (even iron ore pricing is relevant, as a raw material input for steel), and a decline in margins as market competition's intensified.

We will become another mendicant state while Indonesia steals our coal markets and iron ore prices plummet, partly as we are desperate.