The outlook for pig iron exports from the Commonwealth of Independent States has been hurt by continued weakness in iron ore pricing, bearish scrap sentiment and Ramadan-related slowdown in Turkish demand, local sources said Friday. ...
Tags: Pig Iron, Ramadan-related slowdown
US shredded steel scrap availability tightened and prices inched up as the June mill procurement period came to a close, market sources said Friday. Mills reentering the market late in the week to acquire additional shredded material ...
Tags: Steel Scrap, shredded material
Spot prices of iron ore for export from Iran continued to fall because of low demand from China, industry sources said Sunday. Prices for 61-62% Fe magnetite fines slipped by $2/dry mt in the last week to $57/dmt FOB Bandar Abbas, south ...
Tags: Iron Ore, Chinese Demand
China's Taiyuan Iron & Steel (Group) Co got the China Industrial Award at a ceremony, on May 17, in Beijing, the first time for the Shanxi company to win the prize. The group have followed a the concept of "Using innovation to win", for ...
Tags: Construction, Steel, Iron, stainless steel
With a new government in power in India following last month's elections, Chinese iron ore importers are waiting to see if any policy changes will be forthcoming that could lead to a hike in their imports. India was China's third-largest ...
Tags: Metallurgy, Mineral, Energy, Iron Ore
Based on the Commerce Department's most recent Steel Import Monitoring and Analysis (SIMA) data, the American Iron and Steel Institute (AISI) reported Wednesday that steel import permit applications for the month of May total 3,950,000 net ...
Tags: Metallurgy, Mineral, Energy, Steel, finished steel
According to the statistics released by the US International Trade Commission (US ITC), in April this year exports of iron and steel scrap from the US amounted to 1.34 million mt, increasing by 10.58 percent from March and by 36.71 percent ...
Tags: Iron, Steel, Steel Scrap, Metallurgy, Mineral
Each time a user completes a mission in the Ultra Agents app, they receive alternative building instructions to help transform their existing sets into something new. LEGO has unveiled its new Ultra Agents product range and tie-in app ...
Brazil-based Secretariat of Traffic and Transport (SEMUTTRAN) in association with the Brazilian Transit Operator Via Agile has started the pilot testing of the BYD's pure-electric transit bus. With the trials, SEMUTTRAN aims to evaluate ...
Tags: Electric Buses, pure-electric bus, auto, bus
Evraz UGOK (Southern Ore Mining and Processing Enterprise), a subsidiary of Russian mining and steel producing company Evraz Group, has announced that in May this year its iron ore concentrate production increased by 8.8 percent year on ...
Tags: Metallurgy, Mineral, Energy, Steel
India's state-owned miner National Mineral Development Corporation (NMDC) has announced that in May this year it produced 4.94 million mt of iron ore, registering an increase of 0.8 percent compared to the same month of 2013. The company's ...
Tags: Metallurgy, Mineral, Miner
In the first four months of this year, Japan's cold rolled sheet and strip shipments increased by 2.66 percent on year-on-year basis to 2.18 million metric tons, according to the Japan Iron and Steel Federation (JISF) data. 55 percent of ...
Tags: CR Sheet, Strip Shipments
In April this year, Brazilian miner Vale's iron ore export volume totaled 21.95 million mt, increasing by 14.44 percent year on year, according to Brazil's National Union of the Industry of Extraction of Iron and Base Metals (Sinferbase). ...
Tags: Iron Ore Exports, Iron Ore
Australian miner Rio Tinto CEO Sam Walsh has talked to Bloomberg TV about the price volatility in the iron ore market, expressing confidence that Rio Tinto will be able to survive the decline in iron ore prices since it is the world's ...
In April this year, Japan's industrial production decreased by 2.5 percent from March and rose by 4.1 percent from April 2013, according to the preliminary indices of the Industrial Production report published by Japan's Ministry of ...
Tags: Iron, Steel Production