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Any Australian iron ore inquiry won’t solve major issue

Any inquiry into the collapse of iron ore prices by the Australian Senate is likely to provide a great opportunity for political point-scoring for a domestic audience, but won’t address the main issue. It’s still not clear whether independent Senator ...

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Australian iron ore shipments to China up 5pct in December

Exports of iron ore to China via the Port Hedland terminal rose 5% in December from November, underscoring in part a subdued start to the Australian cyclone season. According to Pilbara Ports Authority, December shipments to China from Port Hedland, ...

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Global Iron Ore prices show mixed trend last week

Following recent declines in spot prices, a number of transactions went through last Friday at higher levels with the iron ore Majors all selling material into the spot market, said The Steel Index.   A Brazilian miner sold a shipment of 61.85% ...

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