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Record production of iron ore in 2011 points to recovery after recession UN report

The global production of iron ore achieved an all-time high last year The global production of iron ore achieved an all-time high last year, confirming signs of a recovery of the steel industry after the 2009 recession, according to a new United Nations report.Published by the UN Conference on Trade and Development (UNCTAD) in cooperation with the Sweden-based Raw Materials Group, the Iron Ore Market 2011-2013 report states that the amount of iron ore produced globally in 2011 was 1.92 billion tons, representing a 4.7 per cent increase from 2010.Among the major producers of this mineral, which is vital for steel production, are Brazil, China and Australia, according to the report, adding that while production increased in most regions, it declined in Europe and India.Developing countries, the report notes, accounted for almost half of the total exports of the iron ore, making it the tenth year in a row of increased exports.The increase in crude steel production points to a recovery since the financial crisis in 2009, and the report attributes this growth mainly to China, where production started increasing in November 2008."China's imports of iron ore increased by 11 per cent in 2011 compared with 2010, or to 686.7 ...

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Danger of liquefaction when iron ore fines are carried in bulk

MPA Singapore issues circular 22/2011 The Singapore Maritime and Port Authority (MPA) issued a circular cautioning ship owners and masters concerning the danger of liquefaction when iron ore fines are carried in bulk as follows:This circular informs the Shipping Community of the IMO circularDSC.1/Circ.66 , issued to bring to their attention the danger of liquefactionwhen iron ore fines is carried in bulk.Iron ore fines is currently not specifically listed in the IMSBC Code.A correspondence group has been established by the DSC sub-committee todevelop specific schedules for iron ore fines for inclusion in the IMSBC Code,with particular focus on the phenomenon of liquefaction in some types of iron ore fines.For more information, click hereSource: MPA Singapore

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