Chinese environmental curbs push iron ore lump demand higher
Iron ore lump prices have surged recently following China’s environmental curbs.
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Iron ore lump prices have surged recently following China’s environmental curbs.
Coal deliveries by rail increased by 400 000 t, to total 17.8 million t in May.
Martin Engineering introduces the expansion of the company's operations, manufacturing and warehousing facilities in the UK and Scandinavia.
The Queensland Competition Authority will be considering Aurizon’s business case for rail maintenance in two days time.
By the end of 2019, the Chinese steelmaking city of Tangshan has plans to end the movement of its bulk commodities by truck and instead shift the transportation of all of its iron ore and coal from ports to steel mills by rail.
According to the latest report by the Australian Bureau of Agricultural and Resource Economics, winter crop production is predicted to decrease in 2018-19, while wheat and barley is set to rise.
“Increased shipments of iron ore by major mines will increase supply pressure, but steel mills' profits may increase further as downstream demand is expected to remain firm that will support demand and prices of high grade ores.”
Tata Steel Limited has enlisted the help of Martin Engineering to help train new staff on conveyor operations and safety at one of the company’s newest facilities.
Mitsui O.S.K. Lines, Ltd.’s coal carrier OI MARU was delivered to Imari Shipyard and Works of Namura Shipbuilding Co., Ltd. on 14 June.
Total revenues for the three months totalled US$243 794 compared to US$437 813 in the same period in 2017.
Scorpio Bulkers Inc. receives commitment for a loan facility of up to US$30 million from ING Bank N.V. to refinance two of the company’s kamsarmax bulk carriers.
AUMUND has been awarded two new cement projects in Turkey, where it will supply chain bucket elevators for bulk material handling.