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Iron Ore Shipments in March to 1.1 Million Tons, a Decrease of 43 Perce

Apr 21, 2014

According to a release from the Lake Carriers’ Association Thursday, massive, thick ice formations on the Great Lakes limited iron ore shipments in March to 1.1 million tons, a decrease of 43 percent compared to a year ago. Shipments ...

Tags: Iron Ore, steel production

Turkey's CVS Technologies to Upgrade Its Existing Meltshop and Rolling Mill

Apr 21, 2014

Turkey-based plantmaker CVS Technologies has announced that it has signed a contract with the South African steelmaker Cape Town Iron and Steel Company (CISCO) to upgrade its existing meltshop and rolling mill located in Cape Town. CVS ...

Tags: Steelmaking Mill, CVS Technologies

Investment in Non-Residential Building Construction Was Down 0.6 Percent in Q1 in Canada

Apr 21, 2014

According to Statistics Canada, investment in non-residential building construction was down 0.6 percent from the previous quarter to $12.9 billion in the first quarter. This decline followed two consecutive quarterly gains and was largely ...

Tags: commercial building, institutional component

NLMK Has Started Hot Testing The Second PCI Unit in Its Blast Furnace Operations

Apr 21, 2014

Russian steelmaker NLMK Group has announced? that it has started hot testing the second pulverized coal injection (PCI) unit in its blast furnace operations at the main production site in Lipetsk (Novolipetsk). The company has started ...

Tags: Metallurgy, Mineral, Steel

Steel Dynamics, Inc. Announced Wednesday First Quarter Net Income of $39 Million

Apr 21, 2014

Steel Dynamics, Inc. announced Wednesday first quarter net income of $39 million, or $0.17 per diluted share, on net sales of $1.8 billion. By comparison, prior year first quarter net income was $48 million, or $0.21 per diluted share, on ...

Tags: Steel Dynamics, Midwest steel

Truckers Hauled More Goods in March 2014 Than Ever Before

Apr 21, 2014

Truckers hauled more goods in March 2014 than ever before, according to data records from TransCore Link Logistics' Canadian Freight Index. Truck load volumes have been on a rising trend for the past four months in a row, but March ...

Tags: Truck, Transportation, Auto

The Data Released Brazil's Iron Oil Exports to China in March Rose to 12.1m Mt, up 4%

Apr 21, 2014

Brazil's iron oil exports to China in March rose to 12.1 million mt, 4% above the 11.6 million mt exported to that country in March 2013, Secex, Brazil's foreign trade secretary, said in data released Wednesday. The exports had a total ...

Tags: Iron Ore, iron ore exports

Iron Ore Shipments Originating From US Ports Plummeted Almost 55% in March

Apr 21, 2014

Iron ore shipments originating from US ports along the Great Lakes plummeted almost 55% in March compared to the five-year average for the month as "massive" ice formations stymied vessel movements, the Lake Carriers' Association said ...

Tags: Iron ore, steel production

Anticipated Fragmented Scrap Pricing Next Month May Bring US Scrap Prices Closer Together

Apr 21, 2014

Anticipated fragmented scrap pricing next month could bring US regional scrap prices closer together, according to market sources who generally agree on downward pricing pressure for May settlements. Scrap settlements varied wildly in ...

Tags: Steel Scrap, regional scrap prices

Ferrexpo Saw a 10.8% Gain in Pellet Sales to 2.84m Mt Due to Strong Demand Indicated

Apr 21, 2014

Ukraine-focused iron ore miner Ferrexpo said Thursday it saw a 10.8% gain in pellet sales to 2.84 million mt over the first quarter compared with a year ago due to strong demand indicated by higher premiums charged to customers. The ...

Tags: Iron Ore, Ferrexpo, key markets

The Gold Price Forecast Is 13% Lower Than The 2013 Average of $1,411.23/Oz

Apr 21, 2014

A lack of investment interest in gold is starting to take its toll on the price, with an average of $1,225/oz forecast for 2014 and heading lower in 2015, GFMS said Thursday in its Gold Survey 2014. The price forecast is 13% lower than ...

Tags: Gold Price, Physical demand

The Seaborne Iron Ore Market Reversed Losses as an Influx of Buying Activity Emerged

Apr 21, 2014

The seaborne iron ore market reversed losses Thursday, as an influx of buying activity suddenly emerged in the spot market. Platts assessed the 62% Fe Iron Ore Index at $116.25/dry mt CFR North China Thursday, up $1.50/dmt from Wednesday. ...

Tags: Iron Ore, Interest Resurfaces, spot market

Iron Ore Capesize Freight Rates Continued to Edge Down This Week

Apr 21, 2014

Iron ore Capesize freight rates continued to edge down this week, with expectations that rates could see further contraction in the next week, market sources said Thursday. The West Australia to Qingdao iron ore Capesize market was active ...

Tags: Iron Ore, freight rates, miner

The ToyNews Retail Advisory Board Gives Its Views on The First Major Holiday of This Year

Apr 21, 2014

The ToyNews Retail Advisory Board gives its views on the first major holiday of this year "Easter is the second biggest selling time behind Christmas," according to some of the UK's leading toy retailers. Traditionally a gifting period ...

Tags: Toys, Easter Toys

Dick's Sporting Goods Has Selected The NICA for Its $75,000 Matching Grant

Apr 21, 2014

Dick's Sporting Goods has selected the National Interscholastic Cycling Association (NICA) for its $75,000 matching grant program through its Sports Matter crowd funding platform. After receiving a $20,000 contribution from Shimano/Pearl ...

Tags: Sporting Goods, Recreation

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