South Korean steelmaker POSCO and China's Chongqing Iron & Steel Co have signed a memorandum of understanding for

China's top coal-producing region Inner Mongolia said on Thursday that coal miners no longer need local government approval for corporate transfers or for merger and acquisition deals.

Brazilian mining giant Vale predicts the global demand for iron ore will grow by 34% by 2020 compared to the level of 2012.

BHP Billiton said that the company’s shipment of iron ore went to Japan’s customers reached 1 billion tons, according to the company.

According to Philippines’ Board of Investments (BOI), the country’s annual steel demands are expected to reach 20 million tons by 2030.

As China’s commodity import decreased, the Baltic Dry Index (BDI) decreased to about 900 point in late June 2014. It had dropped by about 60% within a year, the worst record same period in history.

he prices for coal, electricity and other resources in China are expected to rise as a result of the upcoming reform of the resource tax, the finance ministry's head researcher said Thursday.

The US Commerce Department on Tuesday set preliminary subsidy rates on imported steel wire rod from China, signaling that it may impose punitive duties on the products.