Iron ore bounce likely to be shortlived

Few in the iron ore industry will remember 2014 with any fondness The steelmaking ingredient was the worst performing major commodity plummeting 50 per cent as a flood of new supply hit the market and swamped demand But it has started 2015 on the Iron ore bounce likely to be shortlived

rio tinto's largest commodity 'iron ore' rises 6.6% to record $71.26/tonne in 5 days - customstoday.com.pk perth rio tinto's largest product iron ore rose 66 per cent to $us7126 per tonne in the past five days according to the metal bulletin's index of spot prices sold to the chinese port of qingdao the strongest five day bounce in iron ore in the past 16 months

slump in iron ore prices not likely to hurt rinehart's queensland plans - couriermail.com.au the global collapse in iron ore prices isn't likely to cause too many problems for gina rinehart as she presses ahead with other projects including the galilee basin coal mine in queensland the reason the magnate can still produce iron ore cheaply

bhp iron ore chief says prices not likely to rise above $100/ton again - seekingalpha.com iron ore fetched $135metric ton a year ago but it is now below $70 as output from global giants such as bhp rio tinto nyserio and vale nysevale increases hurting highercost producers "it's hard to see the sort of significant bump that we've seen

worst may be over for iron ore, coal, but supply is key - dailytimes.com.pk launceston it's an observable fact that steep falls in commodity prices are often a precursor to a rally and recently some industry executives have said this is likely next year for iron ore and coal notwithstanding the obvious caveat of beware miners

ascot resources reports iron ore reserve in pilbara, cashed up - proactiveinvestors.com.hk pilbara focused ascot resources asx azq has reported a maiden iron ore reserve for its wonmunna iron ore project of 289 million tonnes at 58% iron fe notably the project is adjacent to rio tinto's asxrio west angelas and hope downs iron ore

bhp billiton: giant refuses to slow iron ore output - iol.co.za bhp billiton signalled that there would be no slowdown in the drive by global iron ore producers to boost production even as prices slump even the iron ore price where it is today can induce more volume jimmy wilson bhp's president of iron ore said

iron and steel are the big iron ore miners 'doing a china'? - mineweb.com big output expansions by top miners are exacerbating the fall in ore prices received – but is there method in their madness related stories vale to cut spending amid iron ore price slump · iron ore back above $70 but outlook shaky · rio tinto vows big

update 1-china's nov iron ore imports hit second lowest this year - in.reuters.com adds details comment monthly iron ore imports down 13 pct on a year ago jannov imports still up 134 pct on year earlier iron ore prices seen staying at low levels by ruby lian and fayen wong shanghai dec 8 reuters chinese iron ore

little hope for rebound in iron ore price - theaustralian.com.au beijing analysts are pessimistic about the future movements in the iron ore price despite economic growth in china predicted to be about 7 per cent next year independent iron ore researcher li ji said the current iron ore oversupply hitting the world's

brazil iron ore export dips in november - brazilbusiness.einnews.com a key analysis of november's dry bulk shipping indicators part 5 of 12 brazil iron ore export dips in november by katie dale • dec 26 2014 248 pm est brazil iron ore imports brazil is the second largest iron ore exporting country accounting for almost 25%

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