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
According to local reports, US Steel won't sell any of its unused port lands in Hamilton, Ontario to potential competitors, but it will consider proposals from the city. The 3.28-square-kilometer property became available in late 2013 ...
Tags: Metallurgy, Mineral, Energy, steel
In February this year, Turkey's chrome ore exports amounted to 156,465 metric tons, down 4.65 percent compared to February 2013 and up 6.56 percent compared to the previous month, according to the data provided by the Turkish Statistical ...
Tags: Ore, Steel, Chrome Ore, Metallurgy, Mineral, Energy
Flexibility, precision and ease of operation are already well on their way from exception to rule in packaging equipment of the calibre KHS offers. So the company has upgraded the criteria Its new Innopouch K-400 pouching machine for the ...
Guangdong Province-based Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Limited, China's largest manufacturer and exporter of longitudinal welded pipes, has announced that it has recently won tenders to supply a total of 55,000 mt ...
Tags: Natural Gas, Steel, Metallurgy, Mineral, Energy
According to the State Statistics Committee of Russia (Russtat), in the first three months of the current year Russia registered a 1.1 percent decline in its rolled steel product output to 14.6 million mt and a one percent decrease in its ...
Tags: Metallurgy, Mineral, pig iron, steel
Following the relative improvement of real steel consumption in the second half of 2013, estimates for consumption in the first quarter of 2014 indicate that the recovery in final demand gained further strength, according to the Economic ...
Tags: Steel, Metallurgy, Mineral
Russian steel producer Magnitogorsk Iron and Steel Works (MMK) has stated that it has signed an international cooperation agreement with Russia's Economic Development Ministry. Economic Development Minister Alexei Ulyukaev and MMK's CEO ...
Tags: steel producer, Iron, Steel
Union Process, Inc., known globally as a manufacturer of particle size reduction and dispersing equipment as well as related services for a broad range of research and industrial applications, has built two twin S-400 Attritors. The wet ...
Tags: Construction, Decoration, grinding machine
US investment bank Goldman Sachs said Wednesday it has upgraded its three-month and six-month nickel price forecasts on the back of the Indonesian ban on nickel ore exports. The bank notes that following a fragmented Indonesian election ...
Tags: Goldman Sachs, Nickel
According to the Economic and Steel Market Outlook 2014-2015/Q2 2014 Report from the Economic Committee of the European Steel Association (EUROFER), strengthening indicators and evidence of improving dynamics suggest that the EU economy is ...
Tags: Metallurgy, Mineral, Energy, Steel
In March this year, Moldavian Metallurgical Works (MMZ), a steelmaker based in the Transnistrian region of Moldova, produced 31,903 mt of crude steel and 35,033 mt of rolled products, including 21,041 mt of reinforcing bars and 13,992 mt of ...
Tags: Crude Steel, Steel, Metallurgy, Mineral, Energy
On April 15, China's Ministry of Commerce (MOC) announced that during last week (Apr. 7-13) the overall average finished steel price in China rose by 0.6 percent compared to the previous week. In the given week, the average prices of ...
Tags: Metallurgy, Mineral, Energy, Finished Steel, Steel
Japanese steelmaker Nippon Steel & Sumitomo Metal Corporation (NSSMC) has announced that it has set up a system to manufacture and ship 150 meter long rails, the world longest rails for railroads, at its Yawata Works. NSSMC's 150 meter ...
Tags: Metallurgy, Mineral, Energy, Steel
In the first quarter of the current year, the crude steel production of ArcelorMittal Kryvyi Rih, Ukrainian subsidiary of global steel giant ArcelorMittal, totaled 1.4073 million mt, down 12.7 percent year on year, as announced by the ...
Tags: Crude Steel, Steel