Chinese Demand

Mozambique Mining: Australia Cyclone, Chinese demand boost Vale Moatize coal mine

Posted on August 18, 2017 by Mozambique Resources Post

Bad weather in Australia and improved demand in China were the factors driving the higher metallurgical (or coking) coal prices during the second quarter of this year (2Q17), compared with the first quarter (1Q17). So stated Brazilian mining group Vale in its report, ‘Vale’s Performance in 2Q17’.

SteelFirst Analysis: The complicated growth of the 58% Fe iron ore market

Posted on November 26, 2014 by Mozambique Resources Post

The seaborne spot iron ore market has long considered 62% Fe material its benchmark product, after a shift away from annual price negotiations in 2008. Grade depletion at mines producing 62% Fe material – and the recent start-up of a wave of large-scale, lower-grade iron ore projects – has shifted that dynamic.

Global Markets: Vale to analysts – “End fixation on China, iron-ore price”

Posted on August 5, 2014 by Mozambique Resources Post

Analysts following Brazil’s Vale should stop obsessing over iron-ore prices and Chinese demand to focus instead on the company’s other divisions and cost cuts, one of the miner’s top executives said on Thursday.