Fortescue says quarterly iron ore shipments up 53 pct

Nippon Steel also faces objections from the powerful United Steelworkers (USW) union, which fears the deal could lead to job losses.

Simandou, one of the world’s most significant iron ore developments, is set to challenge the Pilbara’s dominance soon.  

ArcelorMittal announced on Thursday the end ofthe blockade at its facilities in the southern state of Michoacan.

China's imports of major commodities are often viewed through the prism of the performance of, and outlook for, the world's second-biggest economy.