Speaking on behalf of World Steel Dynamics (WSD) at SteelHome's 10th Steel Development Strategy Conference held recently in Shanghai, Wu Wenzheng, president of SteelHome, said that WSD's global steel output forecast for 2014 is 1.61 billion ...
Tags: Scrap Prices, Steel
UK-based mining giant Anglo American Corporation has announced its production results for the first quarter of the current year. In the given quarter, iron ore production from Kumba Iron Ore increased by 10 percent year on year to 11.3 ...
Tags: Iron Ore, mining giant
Australian iron ore miner Atlas Iron has announced that it shipped a record 2.73 million wet metric tons of iron ore in the quarter ended on March 31, increasing by 1.1 percent compared to the previous quarter, despite inclement weather ...
Tags: Atlas Iron, iron ore, miner
Brazil's iron ore export volume amounted to 24.47 million mt in March this year, increasing by 8.13 percent compared to February and up 8.39 percent compared to the same month of 2013, according to the information released by the Brazilian ...
Tags: Iron Ore, semi-finished products, iron
Australian miner BHP Billiton today celebrated the official opening of its new Jimblebar iron ore mine, which is located at 40 kilometres east of Newman in the Pilbara region of Western Australia. Jimblebar delivered first production in ...
Tags: BH Billiton, Iron Ore
AK Steel reported Tuesday a net loss of $86.1 million, or $0.63 per diluted share of common stock, for the first quarter of 2014, compared to a net loss of $9.9 million, or $0.07 per diluted share, for the first quarter of 2013 and net ...
Tags: AK Steel, blast furnace
On April 23, the China Iron and Steel Association (CISA) announced that in March this year China's Ministry of Commerce issued iron ore import licenses for a total of 104.810 million mt, up 43.58 percent month on month, valued at $12.145 ...
Japanese steelmaker Kobe Steel has announced that the company provided an exclusive license to FLSmidth Private Limited, enabling the Indian partner to market, design and construct iron ore pellet plants using Kobe Steel's pelletizing ...
Tags: Kobe Steel, Iron Ore
As of April 21, inventory of iron ore at 33 major Chinese ports amounted to 108.41 million mt, indicating a decrease of 520,000 mt or 0.48 percent week on week, as announced by China's Xinhua News Agency. As of the same date, the ...
Tags: Iron Ore, Chinese Ports
Chinese iron ore importers on Monday denied they were under pressure to sell their port stocks so that they repay their debts to the country's banks, refuting recent local media reports. The importers added that the price of the more than ...
Tags: Iron Ore, steel mills
Speaking at SteelHome's 10th Steel Development Strategy Conference held in Shanghai over the weekend, Wu Wenzheng from SteelHome indicated that the overcapacity problem in China cannot be resolved in the short term, adding that many steel ...
Latin America's trade deficit with Turkey increased by 55 percent in 2013, mainly due to a drop in the revenues generated by raw material exports and ongoing high levels of finished steel imports from Turkey, according to Alacero, the Latin ...
Tags: trade deficit, finished steel
Russia-based leading global iron ore and hot briquetted iron (HBI) producer Metalloinvest has announced that it has secured a one-year contract to supply iron ore concentrate to Russian pig iron and coking coal producer KOKS Group. Under ...
Tags: iron ore, pig iron, coking coal
On April 22, China's Ministry of Commerce (MOC) announced that during last week (Apr. 14-20) the overall average finished steel price in China declined by 0.1 percent compared to the previous week. In the given week, the average prices of ...
Tags: Finished Steel, hot rolled strip, round bar
The Supreme Court of India has lifted the iron ore mining ban in the Indian state of Goa, with an upper limit of 20 million mt per year, according to media reports. An expert panel is expected to submit a report within six weeks ...
Tags: Metallurgy, Mineral, Energy, Iron Ore