Annual inflation in the euro area was 0.8 percent in January this year, remaining unchanged compared to December, according to a report released by Eurostat, the Statistical Office of the European Communities. In January 2013, the annual ...
Tags: Annual Inflation, Mineral
The government of China's Xinjiang autonomous region has stated that it is committed to eliminating 2.4 million mt of backward steel capacity within two years and will not approve new projects in the steel industry, according to its program ...
Tags: resolving severe overcapacity, Xinjiang, Metallurgy, Mineral&Energy
According to the American Iron and Steel Institute, in the week ending February 22, 2014, US domestic raw steel production was 1,831,000 net tons while the capability utilization rate was 76.3 percent. Production was 1,875,000 net tons in ...
Tags: domestic raw steel production, capability utilization, Metallurgy
Jiangsu Province-based Chinese steelmaker Shagang Iron and Steel Co. has announced that in 2013 it recorded an operating revenue of RMB 10.7 billion ($1.75 billion), down 11.56 percent, while it achieved a net profit of RMB 26.2524 million ...
Tags: Shagang, net profit, reducing costs and revising product structure
Russkaya Stal (Russian Steel), a non-pro t association of Russian domestic steelmakers, has reported that its main member enterprises produced 4.59 million metric tons of finished steel in January this year, up 0.4 percent compared to ...
Tags: Steel Output, exported, Metallurgy, Mineral&Energy, Russian
Pakistan's iron and steel scrap imports amounted to 119,844 mt in January this year, decreasing 11.17 percent compared to December and down 24.28 percent year on year, according to the data released by the Pakistan Federal Bureau of ...
Tags: Iron and Steel Imports, Metallurgy, Mineral&Energy, Pakistan
In 2013, China's total crude steel output was 779 million mt, up 7.5 percent year on year, according to a report on the overall situation in Chinese industry in 2013 released by China's Ministry of Industry and Information Technology ...
China-based steel manufacturing and trading group Delong Holdings Ltd has announced that its wholly-owned subsidiary Delong Steel Singapore Projects Pte. Ltd. (DSL) has entered into a joint venture agreement with three Thai-based companies, ...
Tags: new steel mill, carbon structural steel, production capacity
Australian iron ore miner Atlas Iron Limited has announced its financial results for the first half ending on December 31 of the financial year 2013-14. According to the results, in the given period Atlas recorded a net profit of A$74 ...
Tags: Iron, net profit, iron ore shipments
China's crude oil imports from Iran in January jumped 82.2% year on year to 2.4 million mt, or an average 566,856 b/d, according to final data released by the General Administration of Customs on Wednesday. The imports were also up 11.2% ...
Tags: Crude Imports, Mineral
Could microalgae fuel the future? Researchers are fine-tuning a technology that transforms wet algal biomass into a biogas that is compatible with today's natural gas infrastructure. Microalgae derived biogas is becoming an increasingly ...
Tags: microalgae fuel, biogas, save resources
Alacero, the Latin American steel association, has reported that apparent finished steel use in Latin America and the Caribbean totaled 66.5 million mt in 2013, in line with the 2012 level. Finished steel production in the region amounted ...
Tags: Alacero, Latin America, Steel Consumption, steel production
Chinese steel mills' credit woes have further depressed domestic silicomanganese prices, market sources said Monday. Domestic silicomanganese prices were pegged by the sources at about Yuan 6,600/mt ($1,083/mt), about Yuan 200-300/mt ...
Tags: Steel Mills, Mineral
Australia's Atlas Iron said Tuesday it would double production at its Mt Webber mine in north Pilbara to 6 million mt by the end of the December quarter, now that the board has approved development of the project's second stage. ...
Tags: Atlas Iron, Mineral
The UK offshore oil and gas industry is experiencing record investment levels but there has been a fall in exploration activity that should lay the foundations for continued production. Industry association Oil & Gas UK Tuesday released ...