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The Type L6 ship is a United States Maritime Administration (MARAD) designation for World War II as a Great Lakes dry break bulk cargo ship.The L-Type Great Lakes Dry Bulk Cargo Ships were built in 1943 to carry much-needed iron ore from the upper Great Lakes to the steel and iron production facilities on Lakes Erie and Ontario in support of the war effort.
For each commodity they quote a range (low and high price) which reflect the buying and selling about 9-fold due to China's transition from light to heavy industry and its focus on manufacturing. [2] (China became the world's largest consumer of iron ore in 2003, [3] and accounts for over half of global metal consumption.) [4]
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Argus launched coverage of the global iron ore market with daily report Argus Steel Feedstocks in February 2013. [17] Argus expanded its metals coverage further in 2015, after acquiring MetalPrices.com [ 18 ] - a specialist pricing, news and analysis service focusing on speciality metals, rare earths and ferro-alloys.
Warren C. Platt (1883–1963) started the magazine National Petroleum News in Cleveland, Ohio in 1909. He expanded the business with the publication of the newsletter called Platts Oilgram in 1923, which went on to be recognized as an influential source for petroleum prices. The companies founded by Platt that published prices and news were ...
Iron ore mines in the Pilbara region. Rio Tinto's iron ore operations in the Pilbara began in 1966, [2] with the Mount Tom Price mine opening that year. Mount Tom Price was the company's first mine to open in the Pilbara. [8] The mine has an annual production capacity of 28 million tonnes of iron ore, sourced from open-pit operations.
In shipping, the designation A1 is a symbol used to denote quality of construction and material. [1] In the various shipping registers ships are classed and given a rating after an official examination, and assigned a classification mark , which appears in addition to other particulars in those shipping registers after the name of the ship.