It is learned that China’s steel mills still maintain high production, strong demand and short supply, which help China domestic pig iron price go up again. On December 3, L10 pig iron quoted 2,700-2,780 yuan per ton (U.S.$395-407 per ton) including...

In case you missed it, Brazilian iron ore exports fell in November, down 15% from the average monthly rate for the preceding three months, according to Goldman Sachs. Yet the commodities markets seem to have shrugged it off… or haven’t yet digested its...

Australia’s competition regulator said Tuesday it had launched an informal review of BHP Billiton’s proposed joint iron ore venture with Rio Tinto to seek comment on the controversial deal. The Anglo-Australia mining giants on Saturday signed a...

Xstrata, the Swiss-based mining company, is to write down almost $2 billion (?1.2 billion) worth of assets in its nickel business after restructuring the business. The massive writedown was blamed on an overhaul of Xstrata Nickel in July, when the...

The decision by BHP Billiton Ltd and Rio Tinto Group to combine their Western Australian iron ore operations may solidify the bargaining power of the two producers and impact the pricing for iron ore in the global market, say analysts. A local analyst...