UK-based London Mining, a global diversified miner targeting the steel sector, has announced that it is seeking a strategic partner for its Marampa iron ore project located in Sierra Leone. In view of ongoing pricing volatility and the ...
Tags: London Mining, Marampa Project
Diversified iron ore developer London Mining said Monday it produced 900,000 mt of iron ore from the Marampa operation in Sierra Leone in the first quarter, up 17% from Q4 2013, while it looked for a minority investor to help it cope with ...
Tags: Iron Ore, London Mining
UK-based London Mining, a global diversified miner targeting the steel sector, has announced its operational results for the first quarter of the current year. In the first quarter, London Mining produced 900,000 wet mt of iron ore ...
Tags: London Mining, steel sector
According to a report from the Lake Carriers’ Association, heavy ice formations on the Great Lakes continued to slash iron ore shipments in April. Shipments totaled only 2.7 million tons, a decrease of 52 percent compared to a year ...
Tags: Iron Ore, iron ore shipments
Luxembourg-based ArcelorMittal, the world's largest steelmaker, has announced its financial results for the first quarter this year. Regarding the 2014 outlook, ArcelorMittal has lowered its global steel demand growth guidance to 3-3.5 ...
Tags: Steel Demand, steelmaker
China's steel production has plateaued and mills are focusing on complying with tougher anti-pollution measures instead of expanding capacity, a senior official at the China Iron and Steel Association (CISA) said on Wednesday. The fight ...
Tags: Steel Production, Iron, Steel
China exported 7.54 million mt of finished steel in April this year, up 11.5 percent month on month, while it exported 25.87 million mt of finished steel in the January-April period of the year, rising by 29.5 percent year on year, ...
Tags: Finished Steel, coke
Listed Japanese companies as a whole are expected to maintain profit growth in the fiscal year ending March 2015, but management, concerned by the recent sales tax hike and emerging-market slowdowns, have issued conservative earnings ...
Tags: Electrical, Electronics
Sao Paulo, Brazil-based iron ore mining company and flat rolled steel producer Companhia Siderurgica Nacional (CSN) has announced its financial results for the first quarter this year. In the first quarter, CSN registered a net profit of ...
Metalloinvest, a leading global iron ore and hot briquetted iron (HBI) producer based in Russia, has announced that Fitch Ratings has upgraded the company's long-term Issuer Default Rating (IDR) from ‘BB-' to ‘BB' with a stable ...
Tags: iron ore, briquetted iron
The Singapore Exchange (SGX) will launch two coking coal swaps contracts in July settled against prices produced by The Steel Index (TSI), to capitalize on growing interest in steel raw materials derivatives, the exchange said in a ...
Tags: Coking Coal, coking coal futures
As of May 6, inventory of iron ore at 33 major Chinese ports amounted to 108.95 million mt, up 640,000 mt or 0.59 percent compared to the inventory level recorded on April 28, as announced by China's Xinhua News Agency. As of the same ...
Tags: Iron Ore, Chinese Ports
According to the short-range outlook report issued by IREPAS, the global association of producers and exporters of long steel products, the global long steel products market is still characterized by uncertainty amid the adverse effects of ...
Tags: Long Steel Demand, steel products
Brazil-based steel producer Gerdau SA has reported its financial results for the first quarter this year, posting a net profit of R$440 million ($197.3 million), rising from R$160 million in the corresponding quarter of 2013, mainly ...
Tags: steel producer, iron ore
Canada-based Baffinland Iron Mines Corporation (Baffinland) has announced that it has received the final regulatory approval to begin the first phase of extraction of iron ore in the Mary River project. Baffinland, 50 percent owned by ...
Tags: Iron Ore, Baffinland