THE sharemarket continued its climb yesterday, reaching a 17-month high on positive news from Europe as US politicians inched closer to a deal on the fiscal cliff crisis. Utilities, energy, industrials, telecommunications, materials and ...
Tags: Positive, News Fuels, politicians inched
Pakistan Steel spokesman said that a ship carrying 55,000 tonnes of coal for Pakistan Steel reached Port Qasim Pakistan Steel Jetty after a long journey from Australia.The unloading of coal has been started through the 4.2 kilometer ...
Business Standard reported that the Odisha government is scheduled to hold talks with the officials of union ministry of steel on December 14th on various issues concerning hurdles in implementation of steel projects in the state A host ...
Tags: Steel Authority of India Limited, POSCO, Rashtriya Ispat Nigam Limited
PTI reported that the Indian steel ministry said that it has initiated the process to constitute a committee for the selection of the chairman for iron ore miner NMDC. Indian steel minister Mr Beni Prasad Verma said in the Lok Sabha ...
Tags: steel, Construction, iron ore miner
Iron ore price hurtled on Monday by an impressive 3% touching USD 130 per tonne marking the biggest daily gain in two months, Led by strong anticipation of inventory pile up by steel mills as the recharged industry with strongest PMI of ...
Tags: Iron Ore, Construction, Gala Time
OAO Severstal announced that its indirect subsidiary Lybica Holding BV, Afferro Mining Inc and Afferro's wholly owned subsidiary Mano River Iron Ore Holdings Limited have entered into an amendment to the agreement relating to the sale of ...
Tags: OAO Severstal, Afferro Mining, Iron Ore, sale, purchase price
Mining companies and investors including some heavyweight industrial combines in China are pouring into the region in a quest for iron ore, driving a railway building and mining boom whose worth JPMorgan Chase & Co recently estimated at USD ...
Tags: Mining, iron ore, railway, steel production
Reuters reported that spot iron ore prices hit their highest in almost five months as traders snapped up cargoes, betting Chinese demand will stay firm and supply may be limited in the first quarter due to seasonal weather disruptions in ...
Rogue Iron Ore Corporation held its Annual General and Special Meeting on December 10th 2012. The purpose of the AGSM included obtaining security holder approval of a proposed spin out of Rapier Gold Inc. Rapier's intention is to combine ...
Tags: Rogue Iron Ore Corporation, gold discovery, Pen Gold North property
Zanaga Iron Ore has purchased 28,800 shares of no par value in the company at an average price of 32.80p per share representing 0.01% of the shares in issue. The company, which gained approval for a share buyback at an annual general ...
Tags: Zanaga Iron Ore, shares of no par value, share buyback
Ferro Iron Ore Corp reports the departure of Mr Craig Lindsay from his position as CEO and director of Ferro. Mr Lindsay has tendered his resignation from the company as he intends to focus on other opportunities. Ferro is in final ...
Tags: Ferro Iron Ore Corp, CEO, director of Ferro, final negotiations
On the 17th POSCO E&C signed an agreement worth USD 400 million with Formosa Ha Tinh Steel Corporation,a Vietnamese steel subsidiary of the Fomosa Group of Taiwan,to construct a facility that will process materials for steel works. ...
Tags: 17th POSCO E&C, Formosa Ha Tinh Steel Corporation, steel works
As the Steel Authority of India concluded its 50th Safety Week on December 15th,iron ore mining workers were urged to follow safety measures to achieve zero mishap. Mr Anup Srivastav deputy director of Mines Safety,Dhanbad at Meghahatu ...
Tags: zero mishap, Iron Ore Mines, safety measures
The Lake Carriers Association reported that US flag Great Lakes freighters carried 9.2 million tonne of dry bulk cargo in November, a 6.6% increase over October's total that was noticeably impacted by Hurricane Sandy. However, compared to ...
Tags: dry bulk cargo, Hurricane Sandy, Great Lakes, Iron ore
Mainstream prices of Chinese iron ore average CNY 886 per metric tonne December 17th,up CNY 1 from the previous day.Mainstream market prices rose in Hebei but stabilized in other markets.we expect Chinese iron ore market to see some rises ...