FORTESCUE METAL

Most Recent

  • uploads///Iron ore shipments
    Miscellaneous

    Inside the Strong Iron Ore Shipments in January

    In January 2017, 40.3 million tons of iron ore were exported from Port Hedland—an impressive rise of 19.0% YoY.

    By Anuradha Garg
  • uploads///Valemax
    Basic Materials

    Valemax ships sail Vale SA to cost-effective distribution

    Valemax ships are ultra-large vessels, capable of carrying 400,000 dwt (dead weight tons) each. That’s 2.3 times more than traditional Capesize ships. They also emit 35% less CO2 per ton of ore transported.

    By Anuradha Garg
  • uploads///Contribution
    Basic Materials

    Vale SA: Overview of the world’s largest iron ore company

    Vale SA (VALE) is a Brazilian multinational diversified metals and mining company. It is the world’s largest producer of iron ore and iron ore pellets and the world’s second-largest producer of nickel.

    By Anuradha Garg
  • uploads///iron ore systems
    Basic Materials

    Vale SA: Top-quality iron ore and pellets

    Vale SA (VALE) is the world’s largest producer of iron ore and pellets. Pellets are manufactured by gathering together the powder generated during the ore extraction process.

    By Anuradha Garg
  • uploads///Pricing mix
    Basic Materials

    How Vale SA values its iron ore customers

    Vale SA offers technical assistance to its customers and operates sales support offices in several cities. These offices monitor customer requirements and ensure timely deliveries.

    By Anuradha Garg
  • uploads///Realization
    Basic Materials

    Realized price: The factors impacting Vale SA iron ore

    Realized prices for iron ore vary depending on quality, moisture content, freight costs, and pricing mechanisms. ROM sales reduced Vale’s realized price by about $6 per ton in 2013.

    By Anuradha Garg
  • uploads///Global presence
    Basic Materials

    Where Vale SA operates and why

    Currently, the the private sector is leading significant expansion and major rehabilitation of Mozambique’s infrastructure. Vale itself is investing in the development of the Nacala infrastructure project.

    By Anuradha Garg
  • uploads///Cash costs
    Basic Materials

    What’s Vale’s cost position compared to other iron ore companies?

    We’ll discuss how Vale’s cost position compares to other iron ore companies in Australia. Vale is a low-cost producer. Its cash costs are $22 per ton.

    By Anuradha Garg
  • uploads///Companies performance
    Basic Materials

    Vale’s price performance compared to other iron ore players

    Vale’s (VALE) share price was down ~44% in 2014. This mirrored the ~48% decline in iron ore prices. Vale’s decline in stock price continues into 2015.

    By Anuradha Garg
  • uploads///APIO
    Basic Materials

    Cliffs’ APIO segment: Aggressive cost cutting continues

    For 4Q14, the Asia Pacific Iron Ore, or APIO, segment’s volumes decreased 2% to 2.9 million tons—from 3 million tons in 4Q13—due to port maintenance timing.

    By Anuradha Garg
  • uploads///Part
    Basic Materials

    Record China Steel Production Supports Iron Ore despite Trade War

    As the supply tightness in the seaborne iron ore market continues, there’s another factor supporting prices: Chinese steel demand.

    By Anuradha Garg
  • uploads///Part
    Basic Materials

    Iron Ore Prices Could Be Supported after Vale’s Mine Restart

    Even though a Brazilian court gave Vale authorization to restart the Brucutu mine, Vale hasn’t increased its guidance.

    By Anuradha Garg
  • uploads///China steel margins
    Macroeconomic Analysis

    Will Chinese Steel Mills’ Pains Intensify with the Trade War?

    Chinese steel producers have finally come under pressure after reaping significant benefits over the last three years.

    By Anuradha Garg
  • uploads///mining _
    Miscellaneous

    Could US-China Trade War Fears Dictate Iron Ore Prices?

    In this series, we’ll look at iron ore’s and miners’ recent price action, as well as other factors that may have impacted iron ore prices.

    By Anuradha Garg
  • uploads///Iron ore exports
    Miscellaneous

    Why Iron Ore Exports Aren’t Slowing Down Anytime Soon

    The data for iron ore exports from Australia and Brazil (EWZ) serve as a key supply-side indicator.

    By Anuradha Garg
  • uploads///Analysts
    Miscellaneous

    Analysts’ Take on Iron Ore Prices in 2018

    Macquarie upgraded its price forecasts for iron ore (PICK) and coal in January 2018. It revised its iron ore and steel prices on the back of improved ex-China demand and a rising cost curve.

    By Anuradha Garg
  • uploads///Iron ore imports
    Basic Materials

    Cleveland-Cliffs: China Iron Ore Demand Strong, Low Grades Suffer

    China’s demand for seaborne iron ore dictates the commodity’s price because it consumes more than 70% of seaborne-traded iron ore (COMT).

    By Anuradha Garg
  • uploads///Iron ore exports
    Miscellaneous

    What Record Iron Ore Shipments from Port Hedland Mean for Prices

    The data for shipments for iron ore from two key destinations, Australia and Brazil (EWZ), are an important supply-side factor to watch out for.

    By Anuradha Garg
  • uploads///Iron ore exports
    Miscellaneous

    Iron Ore Exports Remain Plentiful—How’s the Outlook for 2018?

    The iron ore export data from Australia and Brazil’s (EWZ) is a key supply-side indicator.

    By Anuradha Garg
  • uploads///TGT Valuation
    Miscellaneous

    How Miners View the Outlook for Iron Ore Prices

    BHP’s Minerals Australia’s president, Mike Henry, stated that iron ore and coking coal (KOL) prices should sharply rebound before February 2018 as buyers replenish their stocks.

    By Anuradha Garg
  • uploads///Iron ore exports
    Miscellaneous

    Outlook: Iron Ore Exports Remain Strong

    Australia and Brazil’s (EWZ) exports of iron ore account for a major part of the overall seaborne iron ore trade globally.

    By Anuradha Garg
  • uploads///Iron ore companies
    Miscellaneous

    Iron Ore Miners’ Take on the Commodity Price Outlook

    BHP (BHP) has mentioned that China’s demand for high-quality iron ore (XME), as well as new demand from countries such as India, should support overall demand for iron ore.

    By Anuradha Garg
  • uploads///Supply growth
    Miscellaneous

    What Could the Supply Side Bring for Iron Ore Prices in 2017?

    As most market participants are calling for an iron ore price correction in 2017, it’s important to consider how the supply side of things could shape up this year.

    By Anuradha Garg
  • uploads///Iron ore shipments
    Miscellaneous

    Why Are Iron Ore Shipments Set to Rise?

    In November 2016, Port Hedland iron ore exports were 41.2 million tons. That was a rise of 10.0% year-over-year but a sequential fall of 1.0%.

    By Anuradha Garg
  • uploads///Shipments
    Miscellaneous

    How Are Iron Ore Shipments Impacting Prices?

    Iron ore shipments Iron ore shipments from major ports in Australia and Brazil (EWZ) are key indicators for investors. They represent the supply side of the iron ore equation. In this part of the series, we’ll see how shipments are shaping up for October and how they’re expected to pan out going forward. Strong iron ore shipments In […]

    By Anuradha Garg
  • uploads///Iron ore operating performance
    Company & Industry Overviews

    How Vale’s Iron Ore Segment Is Coping with Volatility

    In 2Q16, Vale SA’s (VALE) ferrous division accounted for 90% of its adjusted EBITDA, which came in at $2.1 billion and was $398 million higher than 1Q16.

    By Anuradha Garg
  • uploads///Shipments
    Miscellaneous

    What Iron Ore Shipments Tell Us about Outlook for Iron Ore Prices

    Iron ore shipments from major ports in Australia and Brazil (EWZ) are key indicators for investors, as they give the supply-side perspective of the iron ore equation.

    By Anuradha Garg
  • uploads///Leverage
    Earnings Report

    Rio Tinto’s Recent Developments: What Do They Mean?

    On June 7, 2016, Rio Tinto (RIO) announced a new cash tender offer to repurchase debt notes worth up to $3 billion. It’s the company’s second debt buyback offer in about two months.

    By Anuradha Garg
  • uploads///intro
    Company & Industry Overviews

    Is It the Right Time for Miners to Shore Up Their Balance Sheets?

    Higher commodity prices have provided an opportunity to miners with high debt to reduce their debt burden. April saw iron ore prices rise above $70 per ton compared to a low of $38 per ton in December 2015.

    By Anuradha Garg
  • uploads///Part
    Company & Industry Overviews

    Why Is Rio Tinto Opting for a Debt Buyback?

    On June 7, 2016, Rio Tinto (RIO) announced a new cash tender offer to repurchase debt notes worth up to $3 billion due in 2018, 2020, 2021, and 2022.

    By Anuradha Garg
  • uploads///Iron ore supply
    Macroeconomic Analysis

    The Supply Side Doesn’t Have Good News for Iron Ore Prices in 2016

    The biggest iron ore expansion project currently under progress is Vale’s S11D project, located in the Carajás mining district in the Para region of Brazil.

    By Anuradha Garg
  • uploads///CFR cash costs
    Macroeconomic Analysis

    How Are Iron Ore Miners Placed on the Cost Curve?

    As there is still more low-cost supply ready to come online, the biggest such project being Vale’s low-cost S11D, there is a risk of some big iron ore miner becoming a marginal producer going forward.

    By Anuradha Garg
  • uploads///Production growth from majors
    Macroeconomic Analysis

    Production Growth from Major Iron Ore Miners Continues Unabated

    When Vale’s S11D project comes online, it could be a further game changer in the iron ore market. Its cash costs per ton are pegged at close to $11 per ton.

    By Anuradha Garg
  • uploads///Iron ore prices YTD
    Company & Industry Overviews

    Why Cliffs Natural Resources Stock Price Is under Pressure

    Cliffs Natural Resources saw its stock fall to a fresh 52-week low of $3.86 on July 2. The 8.3% fall mainly stems from a target price cut by Deutsche Bank, from $5.50 to $5.00.

    By Anuradha Garg
  • uploads///Analysts recommendation
    Macroeconomic Analysis

    The Current Market Sentiment for Cliffs Natural Resources

    Market sentiment and expectations for Cliffs Natural Resources are varied. Of the 17 analysts covering Cliffs, eight recommend hold, one recommends buy, and eight recommend sell for the stock.

    By Anuradha Garg
  • uploads///part  magnetation
    Earnings Report

    AK Steel Writes Off Magnetation, Takes $256 Million Charge

    AK Steel writes off Magnetation AK Steel (AKS) sources one-third of its iron ore requirements from its joint venture, or JV, Magnetation. Construction of this plant began in the second quarter of 2013 and it started commercial production toward the end of 3Q 2014. Last year, AK Steel completed its share of capital contribution to this plant. Please note, […]

    By Mohit Oberoi, CFA
  • uploads///POrt hedland
    Macroeconomic Analysis

    Is Cheaper Australian Iron Ore Displacing Chinese Production?

    Iron ore exports from Port Hedland totaled 36.6 million tons in March 2015, an increase of 2.2 million tons or 6.3% from March 2014 levels.

    By Anuradha Garg
    • CONNECT with Market Realist
    • Link to Facebook
    • Link to Twitter
    • Link to Instagram
    • Link to Email Subscribe
    Market Realist Logo
    Do Not Sell My Personal Information

    © Copyright 2021 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.