Australia-based mining and materials company Arrium Limited has announced that it produced a record 2.96 million mt of iron ore in the third quarter of the current year, up 23 percent compared to the previous quarter. The company's iron ore ...
Tags: Arrium, Iron Ore Shipments
India's Steel Ministry is finalizing a new national steel policy (NSP) focusing on infrastructure development, securing raw materials and human resource development for the growth of the steel industry, according to the Associated Chambers ...
Tags: raw materials
According to the China Iron and Steel Association (CISA), the gross profits of large and medium-sized steel enterprises in China totaled RMB11.3 billion in January-September period. The gross profits to sales rate was at 0.41%, the lowest ...
Tags: Steelmakers, Gross Profits
It is reported that after a failed expansion plan, Japan's Itochu Corp., has blueprinted to keep its shares in a Brazilian iron-ore venture with Cia Siderurgica Nacional SA (CSN), the largest fully integrated steel producer in Brazil and ...
Tags: Iron-Ore Venture, Mineral
In the January-October period of this year, Ukraine's iron ore exports rose by nine percent year on year to 32.1 million metric tons, according to the Ukrainian association of metal producers Metallurgprom. Exports of iron ore from Ukraine ...
Toronto, Ontario-based iron ore producer Labrador Iron Mines Holdings Limited (LIM) has announced its financial results for the second quarter ended on September 30 of the financial year 2013-14. LIM reported a net loss of C$24.9 million ...
Tags: Iron Mines, Mineral
Russian steelmaker Severstal has announced its financial results for the third quarter and the first nine months of 2013. Accordingly, in the third quarter Severstal registered a net profit of $157 million, down 52.3 percent year on year. ...
Tags: Severstal, steelmaker
According to a release from the Lake Carriers' Association, US-flag Great Lakes freighters (lakers) carried 9.8 million tons of dry-bulk cargo in October, an increase of 14.4 percent compared to a year ago. The total was also slightly ahead ...
Tags: Great Lakes, Mineral
Sao Paulo, Brazil-based iron ore mining company and flat rolled steel producer Companhia Siderurgica Nacional (CSN) has announced its financial results for the third quarter of 2013. In the third quarter, CSN registered a net profit of ...
SEOUL, South Korea, Nov. 13, 2013 /PRNewswire/ -- Basic Element, one of Russia's leading diversified business groups, En+ Group, Russia's leading mining, metals and energy group, have signed a Memorandum of Understanding (MoU) with POSCO, a ...
According to the data released by China Iron and Steel Association that the country's daily production of large and medium-sized steel mills totaled 1.7033 million tons in the last ten days of October, decreasing 0.5% from mid October, In ...
Tags: Steel Market, Mineral
In the iron and steel industry, apart from iron ore and coal, some other ingredients are used as important raw materials. Therefore, purchasing all of the important raw materials is important. In India, not only the raw materials for iron ...
Vale announced Monday that it plans to sell as much as 407 million shares (an approximate 22 percent stake) of Oslo, Norway-based aluminum producer Norsk Hydro ASA in order to cut costs and boost profits. Norsk Hydro is valued at about ...
Tags: Vale, Aluminum Shares
On November 11, Chinese steelmaker Shandong Iron and Steel Group announced that on November 1 it officially established Shandong Iron & Steel Group International Trading Co. Ltd. By means of the new subsidiary, Shandong Steel Group will ...
Tags: Shandong Steel, Trading Subsidiary
According to the statistics provided by Brazil's National Union of the Industry of Extraction of Iron and Base Metals (Sinferbase), in September this year the country's biggest miner Vale's iron ore export volume totaled 24.36 million mt, ...