Rio de Janeiro, Brazil-base Vale S.A. announced Friday that iron ore production reached the highest level for a fourth quarter, at 85.5 million metric tons, allowing for a larger exposure to the price rally of the final months of last year. ...
Tags: iron ore production, iron ore, mine
Sainsbury's has announced that its new store in Leek, Staffordshire, will be run by an LED lighting system that promises to cut down on energy consumption by around 60 per cent. The firm said it is using the energy efficient ceiling ...
Tags: Sainsbury's, LED lighting system, energy consumption, LED Illuminations
Sainsbury's new store in Leek, Staffordshire will feature an LED lighting system that promises to slash energy use by almost 60%. The company said that it has become the first supermarket in the world to install GE's new Lumination ...
Tags: LED Lighting, LED, Lighting, LED lighting systems
Austria-based plantmaker Siemens VAI has announced that it has introduced new pelletizing technology, characterized by highly compact layout and light-weight construction design, which allows for efficient and cost-effective installation at ...
Tags: Siemens VAI, pelletizing technology, construction design
Business Standard reported that Indian steel mill’s dependence on pellets as a raw material is set to increase by at least 13% points in the next two years, due to shortage of high grade iron ore in India. Data compiled by OreTeam ...
Tags: India, steel mill, pellets, raw material
Swedish-based iron ore producer LKAB has announced that in 2012 it shipped a record level of 26.3 million mt of iron ore, 300,000 mt above the previous annual record registered in 2010, including 22 million mt of pellets in 2012, beating ...
Tags: iron ore producer, LKAB, 2012, iron ore
According to the data issued by Ukraine's Cabinet of Ministers, in 2012 Ukraine registered an 11.9percent decrease in its finished steel product output to 26.819 million mt, a 6.6 percent decrease in its crude steel output to 32.394 million ...
Tags: Ukraine, steel product, crude steel, outputs, 2012
According to report, South Korea’s Posco and Taiwan’s China Steel Corp (CSC) said they will purchase a 15% stake in Canadian iron ore and pellet producer owned by ArcelorMittal by US$ 1.1 billion. It is joint venture with ...
Tags: South Korea, Posco, Taiwan, CSC, iron ore, ArcelorMittal
Star Tribune reported that Minnesota iron ore production rose slightly in 2012, a third consecutive annual increase and another sign of the industry's recovery from a recession induced downturn. According to state data, taconite output ...
Tags: Minnesota, iron ore, production, 2012
On December 30, Shanxi Province-based Chinese steelmaker Taiyuan Iron and Steel (Group) Co. (TISCO) announced that construction started on its underground mining project at its Ekou iron ore mine in Shanxi on December 27. The total ...
Tags: TISCO, Ekou iron ore mine, Shanxi, December
In order to conserve iron ore resources of the country for long term domestic value addition, export duty on all varieties of iron ore has been increased from 20% to 30% ad valorem with effect from December 30th 2012. Chrome is used in ...
Tags: iron ore resources, iron ore, steel manufacturing, chrome
According to the State Statistics Committee of Russia, in the January to November period of this year Russian production of iron ore concentrate went up by 0.9%, while output of iron ore pellets increased by 1.6% compared to the same period ...
Tags: State Statistics Committee of Russia, production of iron ore
Bloomberg reported that POSCO agreed to buy a stake in ArcelorMittal Mines Canada Inc. Mr Chung Jae Woong spokesman of POSCO said that POSCO hasn’t decided on the amount of stake it will purchase or for how much The Maeil Business ...
Tags: POSCO, ArcelorMittal Mines Canada, iron ore, company news
Business Standard reported that Essar Ports Ltd has commissioned its 16 million tonne dry bulk terminal at Odisha’s Paradip Port, which will handle iron ore, mainly for its group company, Essar Steel, and dry bulk cargo for third ...
Tags: Essar Ports, dry bulk terminal, iron ore, dry bulk cargo
Times of India reported that Visakhapatnam Port Trust is facing rough weather due to the ongoing global downturn.A significant decline in overall cargo handling at VPT is on the horizon this fiscal thanks to a steep decline in handling of ...
Tags: Times of India, Visakhapatnam, VPT, iron ore exports