Sentences with phrase «iron ore futures»

* China to allow foreign investors in iron ore futures from Friday.

MANILA / BEIJING, May 3 (Reuters)- China opens trade in Dalian iron ore futures to foreign investors from Friday, aiming to boost its pricing clout for one of its top imports and hoping traders will take a market notorious for retail speculators more seriously.

Not exact matches

An uncertain future for Pluton Resources» Cockatoo Island iron ore project has led Watpac Civil & Mining to flag a hit to its net profit of between $ 2 million and $ 4 million for the 2015 financial year.

Following Chinese steel company Sinosteel's announcement that it had secured majority control in iron ore miner Midwest Corporation last week, questions have been raised regarding the potential of future acquisitions of WA mining companies.

Shanghai steel futures surged to a one - month high on Monday along with raw materials iron ore and coking coal, and the ripples are spreading globally, with LME copper futures hitting a three - month high.

The stations take in BHP's ageing Yandi iron ore mine and the substantial Marillana deposit earmarked for future development.

I have never been even remotely an expert either on iron and steel production or on the Australian economy, but recent action in the iron ore markets and a vibrant debate within Australia has, in the past three weeks, set me up for several planned and unplanned meetings with Australians — some old friends, some fund managers and bankers, some government officials — who remembered some of the comments I made a few years ago about Australia and iron ore and who wanted to discuss future prospects.

By: Robyn Wilkinson 22nd July 2016 Despite China's commitment to reducing its crude steel production capacity, the iron - ore market remains oversupplied and this is unlikely to change in the foreseeable future, says engineering consultant Core Consultants CEO Lara Smith.

By: Reuters Updated 4 hours ago Global trader Glencore carried out the first trade by a foreign firm for Chinese iron - ore futures on Friday, the first day that the Dalian Commodity Exchange opened the contract to overseas investors, the exchange said.

Africa Rising She notes that Africa is currently a smaller player in the iron - ore industry, but with opportunities, such as Rio Tinto's Simandou iron - ore project, in Guinea, the Faleme iron - ore mine owned by the government of Senegal, and JSE - listed company Tawana Resources» Mofe Creek iron - ore project, in Liberia, the continent's drive to create an impact on the iron - ore industry will be realised in the future.

«We are focused on debt repayment and capital flexibility, investment in the long - term sustainability of our core iron - ore assets, creating low - cost future growth options and delivery of returns to our shareholders,» the company said in a statement.

UPDATE 1 - China vows to open up more futures markets as iron ore goes international

* Dalian exchange opens iron ore contract to foreign...

China vows to open up more futures markets as iron ore goes international

By Muyu Xu and Manolo Serapio Jr

DALIAN / MANILA (Reuters)- China...

China's heavy discounting of lower grade iron ore is likely to continue for the «foreseeable future», Mineral Resources managing director Ch...

And, at a point very, very soon, the billionaire who took less than a decade to build the world's fourth biggest iron ore producer will start eye - balling chief executives of some of Australia's biggest gas users and recommending they put their future supply contracts where their mouths have been.

Chen is already complaining about «greedy» Australian agents and urging farmers to consider the long - term future of the trade rather than short - term profits — near identical language to that used by steel mills and government officials when Chinese demand was supercharging the iron ore price eight years ago.

• Iron ore prices have partially recovered after a period of rapid decline but Rio Tinto expects them to remain volatile in the near future.