Global iron ore prices to stabilise

International iron ore prices are expected to stabilise after a moderate rebound following a 30 per cent plunge in the past month, but record prices are unlikely to be repeated, according to analysts.

Monday, 7 November, 2011, 12:00am

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Step onto the green in style with this range of golfwear and accessories from functional footwear to hi-tech irons

3 Sep 2008 - 12:00am

Pioneer Iron seeks listing to expand capacity

Pioneer Iron & Steel Group, the steel empire of 'Iron Princess' Diana Chen Ningning, is seeking a listing to expand after Ms Chen sold all her shareholding in China Oriental Group, a company executive said.

21 Nov 2007 - 12:00am

Shutting of small steel producers may speed up if ore prices soar

Beijing may speed up closure of small and inefficient steel mills to curb excessive capacity if iron ore prices surge next year, according to an industry official.

8 Nov 2007 - 12:00am

Tiangong International seeks to raise up to HK$600m from IPO

Tiangong International, the mainland's largest maker of steel tools, plans to raise HK$500 million to HK$600 million from a Hong Kong initial public offering next week.

Jiangsu-based Tiangong has hired BNP Paribas to arrange the deal. It said details of the offer would be announced on Thursday, with listing set for the end of this month.

3 Jul 2007 - 12:00am

Anshan Iron & Steel to invest A$39m in Western Australian project

Anshan Iron & Steel Group, the mainland's second-largest steelmaker, has agreed to buy A$39 million (HK$253.5 million) worth of shares in an Australian joint venture as part of its strategy to tap overseas resources.

AnSteel agreed to buy a 12.94 per cent stake, or 65 million shares at 60 Australian cents each, in iron ore miner Gindalbie Metals, Perth-based Gindalbie said.

5 Jun 2007 - 12:00am

Steelmakers face higher costs

A 19pc rise in ore prices plus plans to cut tax rebate on exports may hurt shares

Mainland steel companies could be hit with higher than expected increases in iron ore prices after the world's largest iron ore producer, Brazil's Companhia Vale do Rio Doce (CVRD), and Germany's largest steelmaker ThyssenKrupp agreed on a 19 per cent price rise.

17 May 2006 - 12:00am



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29 Oct 2003 - 12:00am

Jordan's airy touch Brazil's only real hope

Have you ever thought there might be a spooky parallel between the performance of the financial markets and the efforts of your favourite sporting team? Maybe there is more to it than meets the eye.

20 Jan 1999 - 12:00am

Steel production rises 6pc

The mainland produced 55.22 million tonnes of steel in the six months to June, up 6 per cent year on year, according to Xinhua news agency. It said that the nation produced 57.25 million tonnes of pig iron in the half, up 7.2 per cent year on year. It said that ferro alloy output in the period was 1.57 million tonnes, down 5.9 per cent year on year.

25 Aug 1998 - 12:00am

'Jumbo' heads losing popularity

Club manufacturers in North America and Europe have started a move towards smaller-sized drivers designed to achieve better ball control.

Instead of the 300-cubic-centimetre club which many amateur players favour, manufacturers have been issuing various mid-size drivers in the 260-cc range. The belief is that golfers will feel more comfortable when addressing the ball.

31 Mar 1998 - 12:00am

H-Share listing

Two H-share steel-makers will postpone listing plans until next year following the market's recent slide and unfavourable subscription for a steel H share, sources say.

They said Panzhihua Iron and Steel (Pangang), which had planned to float H shares this year, and Wuhan Iron and Steel (Wugang), which had planned to float in mid-November, would delay their listing plans.

21 Oct 1997 - 12:00am

Broken Hill Proprietary

Broken Hill Proprietary (BHP), Australia's largest publicly traded company, said it would proceed with the development of a US$650 million hot briquetted iron plant in Venezuela.

The plant is an equal joint venture between BHP and Venezuela's largest publicly traded industrial company, Siderurgica Venezolana Sivensa.

28 Jun 1997 - 12:00am

Metal products output gains

Metal products output rose slightly in China in the first two months of this year, a report says.

The output of pig iron stood at 17.11 million tonnes, up 6.6 per cent from the same period last year, steel output was up 4.3 per cent, and ferro-alloy output was down 4 per cent, Xinhua (the New China News Agency) said.

15 Apr 1997 - 12:00am

Anshan plots expansion

China's Anshan Iron and Steel (Group) Inc has drawn up a blueprint to increase annual iron output to 8.8 million tonnes by 2000.

Annual output of rolled steel at the state-owned giant would reach 7.95 million tonnes by 2000, of which steel plates and tubes would account for more than 60 per cent, the company said.

30 May 1996 - 12:00am