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Australia extends iron ore price outlook above $100 per tonne to late 2021


Australia extends iron ore price outlook above $100 per tonne to late 2021
Australia expects the iron ore price to stay above $100 per tonne until late 2021 - instead of mid-2021 as it said in a previous report - and decrease to $72 per tonne by the end of 2026.
This iron ore price outlook for the rest of 2021 is supported on strong demand from China and concerns about disrupted supply in Brazil, Australia’s Department of Industry, Science, Energy & Resources said in its resources and energy quarterly report released on Monday March 29.
On the iron ore supply side, Australia expects challenges from competitors such as South America and Africa who should increase iron ore output in the coming years, but global iron ore markets should remain tight with slow growth in both supply and demand over the next five years, Fastmarkets heard. ....

United States , Australia Department Of Industry , Energy Resources , Monday March , South America , Iron Ore Price , Iron Ore Index , Iron Ore Exports , Resources And Energy Quarterly , Nathan River , Nt Bullion , Rio Tinto , ஒன்றுபட்டது மாநிலங்களில் , ஆஸ்திரேலியா துறை ஆஃப் தொழில் , ஆற்றல் வளங்கள் , திங்கட்கிழமை அணிவகுப்பு , தெற்கு அமெரிக்கா , இரும்பு ஒரே ப்ரைஸ் , இரும்பு ஒரே குறியீட்டு , இரும்பு ஒரே ஏற்றுமதிகள் , வளங்கள் மற்றும் ஆற்றல் காலாண்டு , நாதன் நதி , ந்த் பொன் , ரியோ டின்டோ ,

Brazil iron ore exports up 10.9% in February after Vale boosts output

Brazilian iron ore exports increased by 10.9% in February versus the corresponding month in 2020, with a significantly higher average price, according to data released by the country’s economy ministry on Monday March 1.
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Iron Ore , Iron Ore Exports , February 2021 , இரும்பு ஒரே , இரும்பு ஒரே ஏற்றுமதிகள் ,

SC seeks reply from Centre, 61 firms on PIL alleging duty evasion in iron ore exports to China


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SC seeks reply from Centre, 61 firms on PIL alleging duty evasion in iron ore exports to China
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SC seeks reply from Centre, 61 firms on PIL alleging duty evasion in iron ore exports to ChinaPTI
Last Updated: Jan 15, 2021, 05:54 PM IST
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Synopsis
A bench headed by Chief Justice S A Bobde took note of the submissions of lawyer and PIL petitioner M L Sharma that the companies be prosecuted for alleged evasion of export duty by declaring wrong tariff code to export the iron ore under the Foreign Trade (Development and Regulation) Act, 1992.
Agencies
Issue notice, said the bench which also comprised Justices Justices A S Bopanna and V Ramasubramanian. ....

New Delhi , Justice Sa Bobde , Jindal Saw Ltd , Supreme Court , Brahmani River Rellets Ltd , Steel Ltd , Foreign Trade Development , Essar Power Orissa Ltd , Rashmi Metaliks Ltd , Essar Steel , Jindal Steel , Foreign Trade , Harmonized System , Customs Act , Essar Power , Duty Evasion , Iron Ore Exports , புதியது டெல்ஹி , நீதி ச பாப்டே , ஜிண்டால் பார்த்தேன் லிமிடெட் , உச்ச நீதிமன்றம் , எஃகு லிமிடெட் , வெளிநாட்டு வர்த்தகம் வளர்ச்சி , கட்டுரை பவர் ஓரிஸ்ஸ லிமிடெட் , ரஷ்மி உலோகங்கள் லிமிடெட் , கட்டுரை எஃகு ,