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Terengganu No MoU with Chinese company to mine iron ore

Terengganu No MoU with Chinese company to mine iron ore

The New York Times, in an article on Nov 19 titled “Chinese Interests Look to Malaysia for Cheap Iron Ore, and Profits”, quoted CAA Resources owner Li Yang as saying that his firm re-opened ...

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China iron ore steel prices hit record as supply worries

China iron ore steel prices hit record as supply worries

May 10, 2021 * Dalian iron ore futures rise 10% * Prices of steel rebar, hot rolled coils gain 6% * Iron ore trading departs from fundamentals - analyst. BEIJING, May 10 (Reuters) - China's benchmark iron ore futures surged 10% to a record high, while steel prices rose 6% to hit a trading limit, as Beijing's move to limit capacity fuelled worries about a supply shortage and prompted speculative buying.

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China's changing relationship with Africa INTHEBLACK

China's changing relationship with Africa INTHEBLACK

Feb 13, 2014 China's demand for iron ore imports is expected to rise to 1 billion tonnes by 2018, according to Australia's Bureau of Resources and Energy Economics. In an interview with Mining Weekly magazine [in October last year], West African Iron Ore CEO Guy Duport said there were a minimum of 20 potential mines that could open in West Africa – in ...

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China and the South China Sea dispute The $5 trillion lie

China and the South China Sea dispute The $5 trillion lie

Jan 27, 2016 The world doesn’t need to worry about the South China Sea! There has been a concerted campaign to depict the South China Sea (SCS) as an indispensable artery for commercial shipping and, therefore, a justifiable object of US attention and meddling. This public relations effort is typified by the declaration that “$5 trillion dollars ...

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Iron Ore Today's Spot Price amp Charts Market Index

Iron Ore Today's Spot Price amp Charts Market Index

Iron Ore (Fe) is mined in around 50 countries worldwide and used to make steel (buildings, cars, white goods etc.). Global economic growth is the primary factor that drives its supply and demand. When economies are growing, the need for steel in construction increases which drives the price up.

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China ASEAN Cost of Business Comparisons Executive

China ASEAN Cost of Business Comparisons Executive

After China, ASEAN and India are the next great Asian opportunities. Overall, the series paints a comprehensive picture of the development state of ASEAN as it is today. For China based manufacturers looking to relocate part or all of their production, the likes of Indonesia, Malaysia, Philippines, Thailand and Vietnam can each be considered.

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China's iron ore sizzles in record setting rally

China's iron ore sizzles in record setting rally

Jun 14, 2019 Spot iron ore prices have also resumed their rally, with the benchmark 62% grade for delivery to China hovering near a five-year high at $107.50 a tonne on …

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Here's Another Reason To Be Bullish On Commodities Next Year

Here's Another Reason To Be Bullish On Commodities Next Year

Dec 08, 2017 China’s commodities imports rose in November after a seasonal fall in October due to holidays only. Imports of crude oil, copper, iron ore, natural gas …

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Interview with Koay Chin Oon President of Steel Wire

Interview with Koay Chin Oon President of Steel Wire

Traditionally, both steel markets in China and Malaysia experience fluctuations after the Chinese New Year, and the regular movement is up-down, but this year, in 2013, the situation seems worse and prices of all steel products kept decreasing before they moved up much. Well, I think it should be attributed to the high inventory before the ...

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'CAA tak terlibat perlombongan di Bkt Besi'

'CAA tak terlibat perlombongan di Bkt Besi'

Nov 24, 2014 Sidang media khas itu diadakan berikutan satu artikel yang dikeluarkan sebuah akhbar luar negara pada Jumaat lalu bertajuk 'Chinese Interests Look to Malaysia For Cheap Iron Ore, And Profits'.

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Can China really crash the iron ore price

Can China really crash the iron ore price

May 17, 2021 That will slow its local steel industry, and in turn, lower demand for iron ore. “But in our view, China steel prices are being pulled up by record international steel prices (US HRC $1,500/t ...

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Why iron ore prices are on track to suffer their largest

Why iron ore prices are on track to suffer their largest

Iron-ore prices touched record highs this year, but look to suffer their biggest monthly loss ever as China’s curbs on carbon emissions include limits on the output of steel, hurting demand for ...

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Malacca Strait China's strategic chokepoint Blog

Malacca Strait China's strategic chokepoint Blog

Sep 03, 2020 Daily charter rates for tankers and bulk freighters plummeted more than 70% from normal levels as China bought less oil, iron ore, and coal. Or take a look at the country’s oil statistics: China is the world’s largest net oil importer and second-largest oil consumer.

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Cleveland Cliffs Super Cheap If Iron Ore Holds Up NYSE

Cleveland Cliffs Super Cheap If Iron Ore Holds Up NYSE

Sep 30, 2019 This weakens Chinese demand because it makes iron ore even more expensive to the Chinese. China's economy continues to look weak. This is probably resulting in slower steel demand and hence less ...

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Cover Story Better times ahead for the Steel sector

Cover Story Better times ahead for the Steel sector

Mar 14, 2019 THE revival of Eastern Steel Sdn Bhd’s steel slab plant in Kemaman, Terengganu, last year could be an indication that the local iron and steel industry — which had been hit by an influx of cheap imports from China in recent years — may be seeing the light at the end of the tunnel. According to the Malaysian Iron and Steel Industry Federation (Misif), world steel demand is expected to ...

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Australian PM says trade volume shows valuable China

Australian PM says trade volume shows valuable China

May 19, 2021 China's foreign ministry spokesman Zhao Lijian responded by saying that China has always held that health and stable China-Australia relations are in the fundamental interests …

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'Bloomberg Markets China Open' Full Show 08 23 21

'Bloomberg Markets China Open' Full Show 08 23 21

Aug 23, 2021 Bloomberg Markets: China Open is the definitive guide to the markets in Hong Kong and on the mainland. Rishaad Salamat, David Ingles, Tom Mackenzie and Yvonne Man bring you the latest news and ...

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