China's state-owned enterprise Chongqing Iron & Steel plans to maintain its crude steel output in 2013 at 6 million mt amid uncertainties in the market, a company source told Platts Wednesday. The steelmaker has three blast furnaces, each ...
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 ...
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
Kumba final results for the year ended 31 December 2011.Record safety,exports,earnings and dividends. Commenting on the results,Kumba Iron Ore("Kumba")CEO Chris Griffith said:"Driven by export volume growth and a 26%increase in iron ...
Tags: Kumba final results, operating, saftey, marketoutlook
Fitch Ratings forecasts that after a period of severe destocking in 2012,raw steel production in China will grow 3%to 4%in 2013.But the ratings agency also believes that Chinese steel demand has likely peaked and should grow at less than ...
Bloomberg reported that Chinese leaders have signaled they will continue to support investment in iron ore in Western Australia despite the recent slump in demand for the bulk commodity. Beijing's most powerful economic planning agency ...
Bloomberg reported that Vale SA plans to accelerate growth in iron ore output to recover market share it has lost to competitors including BHP Billiton Ltd and Rio Tinto Group. Mr Jose Carlos Martins head of ferrous and strategy at an ...
Tags: iron ore, Vale SA, BHP Billiton Ltd, Rio Tinto Group
According to Valor Economico, Mr Jose Carlos Martins executive in charge of Brazilian giant Vale's ferrous operations expects the company's Valemax ships to start docking in China in 2013. Brazil based Vale has so far received 18 of the ...
Tags: Valor Economico, ferrous operations expects, Valemax ships, iron ore
Kumba Iron Ore Limited("Kumba"or"the Company")today released its production and sales report for the quarter ended 30 September 2012.Throughout this report,production and sales volumes referred to are 100%,attributable to shareholders of ...
Tags: Kumba, production and sales report, Sishen
Record export sales and revenue in an increasingly challenging market Commenting on the results,Kumba Iron Ore Limited's("Kumba")CEO Chris Griffith said: "Kumba's solid focus on operations and strategy has delivered another strong set ...
Tags: Kumba, Iron Ore, mine produce, mining