Home | Contact Us | Sitemap |  Login  / Register
Brief Report of 9th CEOs Meet at Hotel Vivanta by Taj -Ambassador, New Delhi on 10th November 2017   Removal of Requirement of PQ Certification for import of sand by Govt.   Anti Subsidy imposed on Castings imported from China for Wind Mill Generators   Brief report of the 64th Indian Foundry Congress   Brief Report of the 5th CEOs Meet - Mumbai held on 12th April 2016

News and Events

Asian iron ore prices drop by 9% for Q2

The prices of iron ore for Japan and South Korea slid sharply for second quarter of 2012, especially on the price of iron fine ore in Pilbara dropping by 9% from Q1 of 2012 to around US$130/ton FOB. The price has declined for three weeks in a row.

For steel product market in China, the stock has reached a high level of 19 million tons in February due to low demand. Also, the production of crude steel curtailed to about 52 million tons in January, down by 13% from a year ago.

« Back

Upcoming Events