Iron price up 65% for Asian firms
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Three of Asia's largest steel mills agree to pay Brazilian miner Vale 65% more for iron ore this year.
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The world's largest steel firm, Arcelor Mittal, moves closer to increasing its stake in China Oriental.
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Asian stocks were mostly higher on  Monday, led by electronics and telecoms firms, while oil  extended gains and the dollar edged up ahead of an expected  U.S. Federal Reserve interest rate rise on Tuesday.
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BEIJING - A group of state-owned Chinese companies has agreed to help finance and build an iron ore and infrastructure project worth nearly $2 billion (Australian) in the Pilbara region of western Australia.
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BHP Billiton Ltd, has moved to maintain its Chinese market, securing further commitments to sell more than $US3.2 billion of iron ore to Chinese steel mills over the next decade.
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Rising prices is causing Chinese companies to raise prices for exports, particularly on one critical commodity: pork.
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International mining company BHP Billiton has ratified its largest ever contract to supply iron ore to China. Under a joint venture deal, signed Tuesday in Western Australia, four Chinese steel mills are taking
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Chinese imports and soaring crude oil prices fuel an 8.9 percent rise in October for a record $55.5 billion gap. By Jeannine Aversa.
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Anglo-Australian mining giant BHP Billiton was forming a joint venture with Japanese steel maker JFE that would underpin iron ore sales worth $3.
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HONG KONG (Dow Jones)--China&#39;s Angang New Steel Co. (0347.HK) said Friday it will buy iron and steel assets from its state-owned parent in a US2.2 billion deal that will almost double its earnings per share in two years&#39; time.
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Asian stocks were mostly higher Monday, led by selected technology and metals firms, while oil extended gains and the dollar edged up ahead of an expected U.S. Federal Reserve interest rate rise Tuesday.
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SEOUL: Shares in Posco hit a lifetime high early on Friday, after Japanese carmaker Nissan Motor sought more steel shipments from the worldâs fifth-largest steel maker.
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Foreign investment in India continues to soar, rising 65% in the first half of the year according to official figures.
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PERTH (Dow Jones)--Having secured Chinese iron ore sales worth US$12.2 billion, Australia-based global miner BHP Billiton Ltd. (BHP) said Tuesday that a further aggressive
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Business & money: Asian demand continues to lift commodity values as Vale contract heralds even more lucrative deals
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Japan's second quarter growth rate is likely to be revised up this week on the back of data showing increased corporate investment in factories and offices along with higher profits.
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Oil prices surge past a record $55 per a barrel in Asian trade, amid concerns over winter fuel supplies.