Sentences with phrase «increase in iron ore prices»

Not exact matches

After the U.S. elections, prices for copper and iron ore, used in building and construction projects, surged amid hopes for increased infrastructure spending.
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 prices.
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.
Cele notes that, «the demand from China for iron - ore continues to grow, but at a declining pace, further exacerbating pricing pressure,» meaning that Vale's considerable investment in nickel, coal, fertilisers and copper will only partially mitigate the impact of the increase in iron - ore mining capacity globally on the company.
The prices of other resource commodities increased on average by 5.8 per cent over the three months to April, driven by increases in the prices of alumina, coal and iron ore.
The materials sector has risen by 16 per cent, boosted by continuing strength in base metals prices and expectations of substantial increases in contract prices for coal and iron ore.
For iron ore and coal, substantial increases in contract prices are set to take effect later this year, building on the already sharp increases of last year.
Rapid growth in global steel demand has also boosted contract prices for other bulk commodities; coking coal contract prices increased, on average, by 25 — 35 per cent in US dollar terms in recent negotiations, while iron ore contract prices have risen by close to 20 per cent.
Negotiations for coal and iron ore contract prices for 2005/06 have commenced, and further large rises are expected following the steep increases in 2004/05.
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).
The recent annual contract negotiations between suppliers and Japanese steelmakers for iron ore delivered price increases of nearly 20 per cent in US dollar terms, with significant increases expected in contract negotiations for coal over coming months.
But seven years later, they still can't seem to bid farewell to all those fond memories of the good ol' days... How else do you explain, for example, the majors maintaining & even increasing production in the face of a (self - reinforcing) iron ore price collapse.
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