Sentence examples for cheaper ore from inspiring English sources

While the overall market struggles with cheaper ore, transport logistics companies and airlines will continue to benefit from plunging crude oil prices.

DEREK LOWE, recently downsized chemist, makes excellent sense about outsourcing Connecticut, where I live, used to have a reasonably thriving ironworking industry, but it didn't survive the discovery of cheaper ore deposits.

"Brazil is one of those places, though, and the reasons are clear: you have cheap iron ore, labor that is less expensive than in the United States or Europe, and abundant energy sources".

"India has both demand growth and cheap iron ore going for it".

CSN's main contribution will be the supply of cheap iron ore and, later on, steel slabs.

BEIJING — Lured by cheap iron ore and low wages, the Xiyang Group, one of China's biggest mining conglomerates, took a significant risk, building a mine in economically backward North Korea that was designed to feed China's steel mills and provide much-needed investment to China's impoverished ally.

A main attraction for Corus was access to cheap iron ore from CSN's huge Casa de Pedra mine in Minas Gerais State, saving it some $250 million a year, while the Brazilian operations would have gained easier access to world markets and lower borrowing costs abroad.

Steel industry speculation is that Mordashov's move was sanctioned by the Kremlin, which wants to thwart Mittal's own stated ambition to expand in Russia to get access to the country's cheap iron ore and coke, both of which steel companies use in copious volumes.

"Brazil has some natural advantages in terms of steel: very cheap and ready access to iron ore; cheap, subsidized electricity; and heavy investment which has produced some great steel mills," he says.

Instead, B.S.G.R. could pursue a cheaper option: exporting the ore through Liberia, which already had the necessary infrastructure.

But in China, a dual system that had both benchmark prices and spot, or market, prices, led to corruption, with some steel mills agreeing to pay bribes to get cheaper access to iron ore at the lower of the two prices.