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China seeking U.S. distillers’ grains for Feb-March -trade

China is seeking U.S. cargoes of distillers’ dried grains (DDGs) for shipment in February and March, as easing import restrictions have re-opened the most lucrative market for the protein-rich animal feed, traders said. “My regular buyers are coming back. We’re getting new inquiries as well,” sa ...

India: Iron ore output may rise 10% in 2015

Even as the mining industry is facing several hurdles to secure approvals for restarting mines in Goa, Karnataka and Odisha, the domestic iron ore production is likely to see a modest 10 per cent growth in 2015. The production, which recorded a marginal growth to touch 140 million tonnes in 2014 ...

South Africa’s iron ore exports dropped in Nov ’14

The South African iron ore exports dropped marginally during the month of November this year. However, the cumulative exports during the initial eleven months of the year were up slightly, according to latest data released by government sources. According to data, the country’s iron ore exports ...

China’s imported iron ore prices slide

Prices of imported iron ore at 33 major Chinese ports have sunk to their lowest levels this year, a report showed Tuesday. For the week ending December 29, the price index for iron ore imports with a 62 percent purity grade dropped 1 point from the previous week to 68. The index for imports of 5 ...

Coal Exporters See Price Drop Offset by Dollar

The world’s largest coal exporters have been shielded from a drop in prices to five-year lows as a strengthening dollar has boosted earnings in local currencies. The top panel in the CHART OF THE DAY shows the decline in dollar-priced coal contracts from the world’s five largest exporters from S ...

Iron-Ore Miners Cut 140 Million Tons of New Capacity

Iron-ore producers have canceled or suspended 22 mining projects since July as prices plunged to a five-year low, which will help to curb or even eliminate a supply surplus, according to Bloomberg Intelligence. The cumulative cuts mean 140 million metric tons of extra capacity won’t now hit the ...

Advisory group recommends to boost India’s Coal production

. .⌂Home / Commodities / Commodity News / Advisory group recommends to boost India’s Coal production Advisory group recommends to boost India’s Coal production in Commodity News 23/12/2014 An Advisory Group appointed by the Narendra Modi Government has submitted its report on India’s Integra ...

Turning point for coal? Japanese trading firms snap up coal assets

Only a few months ago, a potential buyer said Japanese trading house Marubeni Corp was prepared to sell a costly stake in a Canadian coal mine for as little as $1. But a flurry of acquisitions of high-quality coal assets by Japanese firms in recent weeks signals that some trading houses at least ...

Coal India workers threaten five-day strike, stokes output worries

The labour unions of state-run Coal India Ltd. have threatened to go on a five-day strike beginning Jan. 6 to protest government plans to sell off a stake and end the company’s monopoly in mining and distribution, officials said. The call for the strike exacerbates concerns about supplies from C ...

India joins iron ore output surge

China already ore than two-thirds of the 1.2 billion seaborne trade, a proportion that continues to rise. The price of iron ore, down nearly 50% this year, slid to a fresh 2009 low on Wednesday after worries about Chinese demand added to already negative sentiment on the back of a supply surge. ...