The price of iron ore is predicted to drop this year as growth of China's steel production slows and the supply of raw materials from international mining giants increases, according to industry experts. An estimate from UBS AG earlier ...
Tags: Iron Ore, Raw Materials
India's Steel Ministry and Canada's Ministry of Natural Resources have signed a letter of intent for cooperation in the iron and steel industry, according to India's Press Information Bureau. Under the cooperation agreement, both ...
Tags: Steel Ministry, Ministry of Natural Resources, cooperation
Indonesia's Ministry of Energy and Mineral Resources has announced that its export ban on raw minerals has come into the effect as of Sunday, January 12, to encourage domestic processing of minerals. In last minute changes made at the ...
Tags: Indonesia, export ban, raw minerals
They said the party was over, but Australia's giant resources sector is surging into a two-horse race between iron ore and coal, with the latest numbers revealing that there is still fire in the belly of the boom, thanks mainly to sustained ...
Tags: coal industry, Mineral
Vancouver, British Columbia-based Canadian iron ore exploration company Alderon Resources Corporation has announced that its Kami iron ore project in western Labrador has cleared the environmental assessment of the government of ...
The need of different types of raw ingredients for the iron manufacturing industries is always there. Iron and steel manufacturing industries play a pivotal role in the industrial field, as this is not only a labor intensive field, where ...
Tags: Ferro Alloys, Processing Machinery
Due to the stocktaking at end of year, the demand for steel round bars in the Taiwanese domestic market seems to become slow. However, since the Chinese mills said they may raise new S45C round bar export offer price, it has pushed ...
Tags: steel round bars, Taiwanese domestic market, demand, price
China Steel Corp. (CSC), the largest carbon steelmaker in Taiwan is going to release its list price for electric furnace (EF) Al-killed wire rods for February on January 16th. Industry sources predicted that CSC might leave its list price ...
Brazil's iron ore export volume amounted to 31.81 million mt in December last year, increasing by 2.91 percent compared to November and down 1.39 percent compared to the same month of 2012, according to the information released by the ...
On January 13, the China Iron and Steel Association (CISA) announced that in December last year China's Ministry of Commerce issued iron ore import licenses for a total of 60.782 million mt, down 35.59 percent month on month, valued at ...
Tags: Iron Ore Import, Mineral
Australia-based miner Fortescue Metals Group Limited has announced that it has purchased two iron ore processing plants at Christmas Creek in the Pilbara region of Western Australia from Mineral Resources Limited's subsidiary Crushing ...
In December last year, China exported 5.37 million mt of finished steel, up 10.72 percent year on year and increasing by 370,000 mt compared with the previous month, while in the whole of 2013 China exported 62.34 million mt of finished ...
Tags: Finished Steel, Metallurgy, Mineral, Energy, steel
Swedish-based iron ore producer LKAB has announced that in 2013 it shipped 25.5 million mt of iron ore, down 3.04 percent compared to the previous year, while the company's iron ore production in the given year also stood at 25.5 million ...
Tags: LKAB, Iron Ore, Steel News
Vale SA announced Monday that it has lifted the force majeure declared on December 27 on a number of its iron-ore sales contracts. Heavy rains and generally unfavorable weather conditions impacted shipments in the Southeastern part of the ...
Tags: Vale, Force Majeure, Iron-ore Sales
Sichuan Province-based Chinese miner Panzhihua Iron and Steel Mining Company (Pangang Mining Co.), a subsidiary of Pangang Group, has announced that in 2013 its iron ore concentrate output totaled 12.07 million mt, up 1.5105 million mt or ...