January 2017

Mexico's iron ore output up 29% in November

Mexico’s iron ore production increased by 29.10% year-on-year in November 2016, according to figures released by national statistics agency Inegi.

Chile's CAP sees 2016 earnings rise 55% on iron ore performance

Earnings at Chilean steel and iron ore producer Compañía de Acero del Pacífico (CAP) increased by 54.47% year-on-year in 2016.

IRON ORE PRICES: Benchmark index flat amid Chinese absence

Iron ore prices remained flat on Tuesday January 31 with Chinese market participants away on holiday.

FMG lowers cash costs further in October-December

Fortescue Metals Group (FMG) has again lowered its cash production costs (C1), while keeping its shipments in line with its previous guidance, in the last three months of 2016.

HIGHLIGHTS: Chinese New Year, low scrap prices in Turkey, iron ore output data, Trump...

Metal Bulletin reviews some of the key news and price moves from the past week in the global steel market.

IRON ORE PRICES: Benchmark index flat as holiday kicks off in China

Seaborne iron ore prices were stable on Friday January 27 as the week-long Chinese New Year holiday in China officially begins.

Brazil's Vale appoints Alberto Ninio as sustainability director

Vale has appointed Alberto Ninio as sustainability director, the Brazilian miner told Metal Bulletin on Wednesday January 25.

IRON ORE PRICES: Benchmark index edges above $83 per tonne cfr

Iron ore prices edged up on Thursday January 26 despite limited trading activity in the physical market in China with most participants already away for their Chinese New Year holiday.

Lull persists in iron ore market on eve of Chinese holiday

With most of China already on holiday despite the Chinese New Year break only starting officially on Friday, there was little activity in the physical iron ore market on Thursday January 26.