Vale, Rio to raise iron ore prices
Top iron ore miners Vale and Rio Tinto are likely to raise contract prices by 4% for the first quarter from the fourth quarter, reflecting gains in spot prices over the past three months.
Mittal calls for rethink on ore pricing
The mining industry has to consider allowing steelmakers to buy part of their iron ore needs using annual pricing contracts, says ArcelorMittal.
Iron ore trading at half-year highs
Iron ore prices have steadied near six-month highs, supported by fewer Indian supplies and demand from Chinese steel mills.
Govt seeks discount ore deal for steel firms
Government is pursuing a deal with domestic steel and iron industries that will allow steel firms to source iron ore from Kumba at a discount, subject to a steel pricing agreement.
Kumba dampens cheap iron ore hopes
Kumba Iron Ore says it will not enter into a state-initiated discount iron ore agreement before its disputes over prospecting rights in Sishen Iron Ore are resolved.
Exxaro eyes iron ore investment
Exxaro Resources says it aims to diversify from coal and wants to add iron ore to its portfolio.
Minas Rio on track, says Carroll
Anglo American CEO Cynthia Carroll told says the group's key Minas Rio iron ore project in Brazil is moving full steam ahead, following repeated delays and cost overruns.
Murray & Roberts to sell off steel unit
Construction group Murray & Roberts Holdings says it will close or dispose of underperforming units within its steel business.
Merafe sees strong growth in stainless steel
Merafe says its medium to long-term growth forecast for stainless steel remains strong, with production expected to reach record levels this year.
Supply fears hurt Amsa sales
ArcelorMittal SA CEO Nonkululeko Nyembezi-Heita says jitters over the stability of iron ore supply may have prompted the group's South African customers to source steel from abroad.