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cisa australia s fmg cuts iron ore prices

Dec 08, 2020·Iron oresurged to a seven-year high last week and is trading above A$140 a ton on strong steel demand from China’ssteel mills. Elevatedpriceshave brought a number of smallerAustralian…

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china australia relations high iron ore prices may

Dec 22, 2020· China imported 1.04 billion tonnes ofiron orein 2019, with 660 million tonnes coming fromAustralia, mainly via Rio Tinto, BHP andFortescue Metals Group

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as cisa moves aside, china iron ore talk angst may ease

Aug 17, 2009· Despite unveiling a face-savingiron oredeal withAustralia's Fortescue Metals Group on Monday, China'sembattled steel industry bodyCISA…

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china negotiates 35% iron ore fines price cut with fmg (08

BEIJING, Aug. 17 (Xinhua) -- TheChina IronandSteel Association(CISA) has reached an agreement withAnglo-Australian Fortescue Metals GroupLtd. (FMG) on a35.02-percent price cutforiron ore fines, said an association official Monday.CISA secretary-generalShan Shanghua said the association had reached an agreement withFMGfor July-December imports ofFortescue's rocket fines(on an FOB basis) for …

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bulk buys china's return supercharges iron ore and steel

22 hours ago · China’sdemand foriron oreshipped fromAustraliaand Brazil is running at record levels as the Asian country’seconomy recovers strongly from the impact of the COVID pandemic. Imports ofiron oreinto China hit a record 1.17 billion tonnes in 2020, a rise of 7.3 per cent on 2019’simport volume of 1.08 billion tonnes, Chinese news site

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update 1 china's cisa says exchanged views with vale

Jun 18, 2009· CISA wants a price cut of at least40 percentfrom Rio and its compatriot BHP Billiton BHP.AX, more than the33 percentaccepted by a swathe of other Asian steel mills

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fortescue cuts china iron ore price newscomau

Aug 17, 2009·Fortescuesaid it had agreed to sell 20 million tonnes ofiron oreto Chinese customers at a 35 to 50 per cent discount to 2008/09pricesfor the remainder of this calendar year

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china gets 35 percent cut on fine iron ore prices from

Aug 17, 2009· This price equates to approximately US$55.50/mt for Fortescue grade iron ore. Fortescue has also agreed a lump price of US$1.00/dmtu for high grade lump which is equivalent to approximately US$61/mt FOB. The prices represented a 35.02 percent drop for ore fines compared to last year and a 50.42 percent drop for ore lumps, said CISA secretary general Shan Shanghua

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iron ore pricefrenzy grips china'smammoth steel sector

Dec 22, 2020· Dec. 2 : Brazilianiron oreminer Valecutits 2020 output outlook, adding fuel to risingiron ore prices. Dec. 3: China’sDalian Commodity Exchange (DCE) imposes limits on single-day open

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dailyiron ore priceupdate (the problem manifest

1 day ago ·Iron ore priceswere firm overnight as paper rebounded with steel and dirt yesterday: The latest update for steel output levels in China viaCISAare insane at 2.15mt per day: I expect output to

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iron ore priceto defy probe threat theaustralian

Fortescue Metals Groupshares closed down 3.1 per cent, or 68c, to $21.48 on Tuesday, with Rio Tinto down 1.3 per cent, or $1.52 to $112.42 and BHP off 96c, or 2.2 per cent, to $41.78, asCISA’s

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fortescue metals groupbreaks china impasse theaustralian

Yesterday,CISAsaid it would use theFortescue pricein talks with the world'sbig threeiron oreminers, Vale, Rio and BHP Billiton, in an attempt to get onepricefor all theiron oreit buys

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china negotiates 35%iron orefinesprice cutwithfmg

BEIJING, Aug. 17 (Xinhua) -- The China Iron and Steel Association (CISA) has reached an agreement with Anglo-Australian Fortescue Metals Group Ltd. (FMG) on a 35.02-percent price cut for iron ore fines, said an association official Monday

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bulk buys china'sreturn superchargesiron oreand steel

22 hours ago · China’sdemand foriron oreshipped fromAustraliaand Brazil is running at record levels as the Asian country’seconomy recovers strongly from the impact of the COVID pandemic. Imports ofiron oreinto China hit a record 1.17 billion tonnes in 2020, a rise of 7.3 per cent on 2019’simport volume of 1.08 billion tonnes, Chinese news site

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china gets 35 percent cut on fine iron ore prices from

Aug 17, 2009· Therefore, China has secured aprice cutfor fineiron orefromAustralianminerFortescueMetals, better than the 33 percent that other major Asian mills have signed withAustralia'sBHP Billiton and Rio Tinto, and Brazil'sVale, but lower than the 40 percentcut CISApreviously sought

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iron oreisaustralia'ssilver lining to its darkening

Dec 03, 2020·Australia’sminers, notably Rio Tinto, BHP andFortescue, dominate the seaborne trade iniron ore. Their main competitor, Brazil’sVale, is still recovering from its tailing dam disasters and

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fortescue cuts iron ore guidance amid surging price

Apr 18, 2019·Fortescuehas posted a 47 per cent surge in itsiron ore’ssellingpriceupon higher benchmarkiron ore prices, reaching $US71 ($98.92) a dry metric tonne

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fortescue lands china iron oredeal australianmining

Aug 18, 2009·FortescueMetals yesterday announced apriceagreement with the ChinaIronand Steel Association (CISA) and the Baosteel Group for alliron oresold to China between 1 …

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