19 Jan 2009 10:31 GMT
India’s December iron ore exports jump 38 pct

MUMBAI, Jan 19 (Reuters) – India’s iron ore exports in December rose 38.4 percent to 13.67 million tonnes from 9.88 million tonnes a year ago, data from the Federation of Indian Mineral Industries showed on Monday.

Exports in April-December fell to 64.47 million tonnes from 68.15 million tonnes, the data showed. (Reporting by Ruchira Singh; Editing by Mark Williams)

19 Jan 2009 10:59 GMT
UPDATE 1-China’s Baosteel raises March prices after Feb hike
(Adds background, comments)

By Alfred Cang

SHANGHAI, Jan 19 (Reuters) – Baoshan Iron and Steel Co Ltd , the listed unit of China’s largest steelmaker, raised prices for key steel products for March after hiking prices for February that halted five straight months of price declines.

The company raised its sale prices for major hot-rolled and cold-rolled steel products for March by 300 yuan per tonne from February levels, a source with direct knowledge said on Monday.

After the increase, prices for hot-rolled steel products will be 3,742 yuan ($547) per tonne and prices for cold-rolled steel products will be 4,226 yuan ($618) per tonne, the source said.

Pojačavaju se aktivnosti, rastu cijene…..

19 Jan 2009 09:05 GMT
China’s iron ore stocks at ports edge down on week
SHANGHAI, Jan 19 (Reuters) – Iron ore stocks at China’s ports
had fallen 1 percent from the previous week to 61.2 million
tonnes by last Friday, Chinica Shipbuilders Ltd (Shanghai) said
in a report.
Stockpile levels at Qingdao and Rizhao, the two ports with
the largest storage capacity, stayed at full capacity from a week
earlier, Chinica said. Rizhao held 11.2 million tonnes, 12
percent higher than its storage capacity of 10 million tonnes.
Chinese steel prices have risen to a two-month high as buyers
restocked amid expectations for revived demand on the stimulus
plan and as Beijing pledged to rein in steel overcapacity.

Here is a table of iron ore stocks at China’s major ports:
STOCKS CHANGE ON WEEK
MLN TONNES TONNES PCT CHANGE
JAN 16 61.16 -648,000 -1
JAN 9 61.81 -812,000 -1
DEC 26 62.62 310,000 0.5