Russian mining and steel producing company Evraz has announced signing of an agreement with Ruda Khakasii on the acquisition by Ruda Khakasii of a number of Evrazruda's iron ore assets and utilities companies located in the Republic of ...
BlueScope today announced plans to expand its Taharoa, New Zealand, iron sands export operations through the introduction of a third shipping vessel in FY2016. BlueScope will charter a purpose built 175,000 tonne slurry loading vessel and ...
Tags: BlueScope, iron sands, ship loading equipment, expansion
In order to sustain profits, the Indian steel companies such as JSW Steel, Essar Steel, and Mukand Steel plan to increase price by RS 1,500/ton in January, 2014. It’s learned that the price rise is driven by higher costs of iron ore ...
Tags: steel, metallurgy
All three futures markets fell to contract lows this week, pressured by rising global supplies that will compete with U.S. exports. CBOT and KCBT March contracts each lost 15 cents this week to close at $6.14/bu and $6.57/bu, respectively. ...
Tags: all three futures markets, US, Wheat Price
Tangshan Iron and Steel Group Co Ltd is leading the effort to go abroad as the country's steel and iron industry struggles with overcapacity, reports Du Juan from Tangshan, Hebei province Against the background of the overcapacity problem ...
Tags: Steel Capacity, Mineral
China's Ministry of Commerce (MOC) has announced that during last week (Dec.16- 22) the overall average finished steel price in China maintained upward trend for the fifth consecutive week. In the given week, average prices of 10 mm ...
Tags: steel, metallurgy
As of December 23, inventory of iron ore at 25 major Chinese ports amounted to 85.403 million mt, indicating an increase of 1.559 million mt or 1.86 percent week on week, as announced by China's Xinhua News Agency. As of the same date, ...
Tags: iron ore, metallurgy
Anglo-Australian mining giant Rio Tinto still regarded China as the key driver of iron ore demand due to its continued growth and ongoing urbanization process,local media reported on Saturday. "The growth in China is still there"and its ...
Tags: Rio Tinto, iron ore, iron ore demand
The China Iron&Steel Association will start publishing a daily iron ore price index from January next year,a CISA official said Friday. But the index was expected to have little impact on trading or prices,market sources said Friday. It ...
Tags: China Iron&Steel Association, daily iron ore price index, iron ore
Australian resources and investment company Cape Lambert Resources has announced that it has finalized a binding infrastructure agreement with Africa Minerals regarding its Marampa iron ore project in Sierra Leone, West Africa. The ...
Tags: iron ore, resources, metallurgy
It is reported that the steel mills in India are considering a price hike for about US$15/ton starting from January in 2014 due to the increased domestic railway freight charges which imposed peak session charge from October and raw ...
Tags: steel, Construction
According to a report released by the German Federal Statistical Office (Destatis), in November this year the import price of iron ore increased by 19.5 percent year on year in Germany, remaining unchanged from the year on year increase ...
Tags: iron ore, metallurgy
AK Steel provided guidance for its fourth quarter of 2013 financial results Wednesday, saying it expects to realize net income of $0.02 to $0.06 per diluted share of common stock, excluding the effects of a potential non-cash income tax ...
Australia-based iron ore company Centaurus Metals Limited has announced that it has revised the development plan for its Jambreiro iron ore project in Brazil, with a new plan for initial production of 1 million mt per year. The company will ...
Australia's Aquila Resources said Thursday its major shareholder China's Baosteel has increased its ownership to 20% after purchasing an additional 4.6% stake of the Perth-based miner. Baosteel acquired 15% of Aquila in 2009. Aquila ...