On July 22, the Indian industry body ASSOCHAM has suggested the Indian Finance Ministry should review its budget proposal to increase the royalty rate on iron ore from 10 percent to 15 percent with a view to maintaining cost competitiveness ...
Tags: iron ore, domestic industry, Mineral
Global steelmaking and mining giant Evraz Group S.A. has announced that its crude steel output in the second quarter of the current year increased by 1.1 percent quarter on quarter but decreased by 4.2 percent compared to the same quarter ...
Tags: crude steel, Evraz Group, Metallurgy, Mineral
Evraz ZSMK, a Siberian steel division of steel and mining group Evraz, has announced that has launched a pulverised coal injection unit for two of its blast furnaces. The unit's productive capacity amounts to 160 mt of pulverised coal fuel ...
Tags: Evraz ZSMK, blast furnace, Metallurgy, Mineral
In the January-June period of the current year, the aggregate gross profit of large and medium-sized industrial enterprises in China amounted to RMB 2.86498 trillion ($0.465 trillion), increasing by 11.4 percent year on year, according to ...
Tags: Aggregate Gross Profit, China, Amounte
Exxon Mobil Corporation’s board of directors has elected David S. Rosenthal as vice president and controller and Jeffrey J. Woodbury as vice president of investor relations and secretary, effective Sept. 1. Rosenthal, 58, is ...
Tags: Exxonmobil, Vice President, Textile
OCI Resources LP announced the approval of its quarterly distribution by the board of directors of its general partner. The minimum quarterly distribution of $0.50 for the second quarter of 2014 is payable on August 14, 2014 to unit ...
Tags: OCI Resources, Dividend, Textile
Ukrainian mining and steel producing group Metinvest has announced that military action in Avdiivka and Yasinovataya in Donetsk region has disrupted the company's supply chain, threatening the finished steel output at its Azovstal and ...
Tags: Metinvest, announce, military action
Australia-based Rio Tinto, the world's second biggest iron ore producer, has announced that it has reached an agreement to sell its coal business in Mozambique, which comprises the Benga coal mine and other projects in Tete province, to ...
Tags: Rio Tinto, agreemengt, Coal Business
Russian steelmaker Severstal, one of the world's leading steel and steel-related mining companies, has announced that in the first half of the current year its Cherepovets Steel Mill shipped about 430,000 mt of rolled steel products to ...
Mechel, one of the leading Russian mining and steel groups, has announced that in the first half of this year its crude steel output decreased by 17 percent to 2.127 million mt, while its pig iron output declined by five percent to 1.9 ...
Tags: Mechel, announce, crude steel output
UK-based London Mining, a global diversified miner targeting the steel sector, has announced its operational results for the second quarter of the current year. In the second quarter, London Mining produced 1.16 million wet mt of iron ore ...
Tags: UK, Mining, Metallurgy, Mineral
Ukrainian mining and steel producing group Metinvest has announced that Black Iron Inc. has received the fourth and final installment payment of $5 million from Metinvest as part of the previously announced closing schedule for the ...
Tags: Ukrainian, installment payment, Metallurgy, Mineral
Swedish high-technology engineering and steelmaking group Sandvik has announced that it has signed a new five-year strategic alliance agreement with the global pipe and tube producer Tenaris on the exclusive joint supply of ...
Tags: Sandvik, Tenaris, Metallurgy, Mineral
UK-based mining giant Anglo American Corporation has announced its production results for the second quarter of the current year. In the given quarter, iron ore production from Kumba Iron Ore increased by two percent year on year to 11.5 ...
Tags: UK, Iron Ore, Metallurgy, Mineral
Toronto, Ontario-based iron ore producer Labrador Iron Mines Holdings Limited (LIM) has announced its financial results for the first quarter ended on June 30 of the financial year 2014-15. LIM reported a net loss of C$4 million in the ...
Tags: Iron Mines, Mineral