India-based steelmaker Jindal Steel and Power (JSPL) is reportedly in talks with London-based Stemcor, one of the world's largest independent steel traders, to buy Brahmani River Pellets (BRPL), Stemcor's pellet unit in the Indian state of ...
Tags: Jindal Steel, Mineral
Qinghai Province-based Chinese company Qinghua Mining, Smelting and Coking Group Co. has announced that its new iron ore pelletizing plant in Geermu in Qinghai has commenced production. The pelletizing plant, built with a total investment ...
Tags: Iron Ore, Pelletizing Plant
It's reported that a new steel mill in southern Iran was inaugurated by the Iranian President on June 27th. The Pasargad steel mill is situated south of the capital Tehran and covers an area of 300 hectares, the total investment is reported ...
Tags: Steel, Metallurgy, Mineral, Energy
West Chester, Ohio-based AK Steel announced Monday that Magnetation LLC, its joint venture with Magnetation, Inc., has successfully completed a $325 million senior secured note offering and has entered into a $50 million senior secured ...
Tags: AK Steel, Iron Ore, Magnetation
In the first four months of the current year, Ukraine registered a 2.5 percent increase in its finished steel product output to 9.280 million mt, a 0.6 percent decrease in its crude steel output to 11.058 million mt and a 0.7 percent rise ...
Tags: Ukraine, Production Results
Cleveland, Ohio-based Cliffs Natural Resources reported late Wednesday Q1 2013 net income of $97 million, down significantly from $376 million in Q1 2012. Consolidated sales margin decreased 18 percent in Q1 to $238 million, from $292 ...
On April 9, Qinghai Province-based Chinese steelmaker Xining Special Steel Co. announced that it is investing RMB 10 million ($1.6 million) to establish a wholly-owned subsidiary in the city of Geermu in Qinghai Province for the purpose of ...
Tags: Special Steel
In the first three months of the current year, Ukraine registered a 2.4 percent decrease in its finished steel product output to 6.547 million mt, a 1.8 percent increase in its crude steel output to 8.322 million mt and a two percent rise ...
Tags: Metallurgy, Mineral, Energy, metallurgical coke
Austrian steelmaker voestalpine has announced that it will build a direct reduction plant just outside the city of Corpus Christi, Texas, US. The construction is estimated to take about 15 months to complete. The plant, which will be ...
Tags: Metallurgy, Mineral, Energy, iron
Cliffs Natural Resources said Monday that it expects to idle its Wabush Pointe Noire pellet plant within the city of Sept-Iles in Quebec by the end of Q2 2013. The company indicated that its decision to idle its iron ore pellet operation is ...
Global steelmaker ArcelorMittal has announced the approval by its board of directors of phase two of the company's mining operations in Liberia. The second phase of the project will bring the annual capacity of the iron ore mine from 4 ...
Tags: iron ore project, iron ore, steelmaker
In the first two months of the current year, Ukraine registered a 1.4 percent decrease in its finished steel product output to 4.243 million mt, a 3.1 percent increase in its crude steel output to 5.446 million mt and a 2.4 percent rise in ...
Tags: steel product, pig iron production, crude steel output
According to the State Statistics Committee of Russia (Russtat), .in January this year Russia produced 8.5 million mt of iron ore concentrate and 3.4 million mt of iron ore pellets, down two percent and one percent respectively compared to ...
Tags: iron ore concentrate output, iron ore concentrate, iron ore
It is learned that Essar Steel Minnesota will sell its iron ore pellets to ArcelorMittal USA from its new taconite plant in Minnesota which costs US$1.7 billion. According to Essar’s press release, the 10-year deal likely will ...
Tags: Essar Steel, mine, steel
Cleveland, Ohio-based Cliffs Natural Resources Inc. reported Tuesday that for the full year 2012, Cliffs recorded a net loss attributable to Cliffs' common shareholders of $899 million, or $6.32 per diluted share, compared with net income ...
Tags: Mineral, Cliffs Natural Resources, Report