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Japan's Nippon Steel & Sumitomo Metal Corp may consider investing in iron ore or coking coal mines from its nearly $1 billion warchest for overseas investments but won't bid for the U.S. plants of Russia's Severstal, an executive said.

Alderon Iron Ore Corp (TSE:ADV) jumped 7% to $1.35 after receiving final go-ahead for its Kami project from from the province of Newfoundland and Labrador.

[Ferro-Alloys.com] Rio Tinto has struck a deal with Guinea's government to push ahead with plans to develop a $US20 billion iron ore project.

[Ferro-Alloys.com] The Brazilian mining giant Vale’s iron ore exports totaled 22.47 million tons in March, up by 13.75% year on year

[Ferro-Alloys.com] Fortescue Metals Group (FMG) has announced a 1.16-billion-ton of mineral resource addition to its Greater Solomon following an exploration program.

During the first quarter, Brazil’s iron ore exports hit 71.8 million tons, up by 5.7% compared to the same period of last year. The export price was averaged at US$98.4/ton, dropping by 2.9% from the corresponding period a year ago.

New, cheap supplies from Australia, Brazil pushing global prices down Surging global supplies of seaborne iron ore will challenge Chinese producers of the raw material for steel, probably forcing some higher-cost capacity in the country to close, according ...

China's banking regulator has told local authorities to investigate iron ore financing conditions to better guard against risks, prompting a slump in iron ore futures prices that analysts say will lead to a reshuffle in the industry.News surfaced that the Chin...