Arch Coal, Inc. announced Thursday that it has entered into an agreement to acquire the Guffy property from Patriot Coal Corporation for $16 million in cash. The Guffy reserves are owned in-fee, are contiguous to Arch's Tygart Valley ...
Tags: Arch Coal, Patriot Coal
On October 11, Liaoning Province-based Chinese steelmaker Angang Steel Group Co. (Ansteel) has announced that its will focus on developing its mining subsidiary to the scale of a world-class mining company, thereby increasing its advantage ...
Tags: Ansteel Mining, Iron Ore Output
Ameron International, a subsidiary of National Oilwell Varco and manufacturer of fabricated steel products and other industrial applications, began looking for suppliers this week to help build a new US$60 million plant in San Luis ...
Tags: fabricated steel products, Mineral
According to the statistics released by the Taiwanese Ministry of Finance, in September this year Taiwan's export value of iron and steel articles made from iron and steel amounted to $1.4 billion, falling by 6.3 percent compared to the ...
Tags: Steel Export, Mineral
India's Finance Ministry has ruled out reducing the country's current iron ore export duty of 30 percent, according to media reports, ignoring requests from domestic iron ore producers. In August, India's Mines Ministry was seeking to ...
Tags: Iron Ore, Mines Ministry
According to the statistics released by France's National Institute of Statistics and Economic Studies (INSEE), the country's manufacturing output in August this year increased 0.3 percent compared to July. In August, France's production ...
Tags: Metal Industry, fabricated metal
British mineral exploration and development company Afferro Mining Inc. has announced that British Columbia Supreme Court has issued a final order approving the previously announced proposed acquisition of Afferro Mining by UK-based iron ...
Tags: Afferro Mining, iron ore
China's third auction for exploration rights for shale gas blocks is set to start soon, a source at the National Development and Reform Commission was quoted as saying by Shanghai Securities News on Friday. "The process will start at the ...
Tags: Chemicals, Gas, Metallurgy, Mineral, Energy
Reportedly, Vallourec, the France-based steel pipe and tube produce said that it has inked an agreement to buy the assets in Lupatech’s tubular services Rio das Ostras Unit, which is an oil & gas services company in Rio de Janeiro. ...
Tags: Vallourec, steel pipe
According to data released by Turkish Statistical Institute (TUIK), the country’s imports of flat alloy steel totaled 49,474 tons in August, falling by 34% year on year. In August, the country’s imports flat alloy steel wider ...
Tags: Flat Alloy Steel, Steel
Kloeckner Metals announced Wednesday the opening of a new light gauge flat rolled steel processing center in Calvert, Alabama. The facility is approximately 100,000 square feet in size and offers slitting from thicknesses of .010" to ...
Russian steel producer Magnitogorsk Iron and Steel Works (MMK) has stated that in October this year it plans to ship around 427,000 mt of hot rolled steel products, down two percent compared to September, including 261,000 mt of material to ...
Tags: Hot Rolled Product, steel
China's Ministry of Commerce (MOC) has announced that during the week ending September 29 the average finished steel price in China declined by 0.3 percent week on week. In particular, in the given week average prices of 12 mm rebar, 80 ...
Tags: Finished Steel, Mineral
Portland, Oregon-based Steel Service Inc. announced this week the completion of the purchase of a 100,000-square-foot manufacturing space at the Port of Ephrata. The sale includes two buildings previously occupied by wind tower manufacturer ...
Tags: Steel Service, Port Facility
Alabama steel tube and pipe producer IT-TRI announced plans Wednesday to invest up to $68 million to build a manufacturing plant in Lawrence County, which the company expects will create 100 jobs before 2016. Company president Rick Werner ...
Tags: Steel Tube, Steel Pipe