Two people familiar with the matter said that JSW Steel Ltd is facing its first annual drop in output in at least 10 years because of a shortage of iron ore at its biggest mill. The people said that production at the Vijayanagar plant in ...
Tags: iron ore price news, steel scrap price, steel supplies
Bloomberg reported that MMX Mineracao & Metalicos SA, the mining company controlled by billionaire Mr Eike Batista, led the Brazilian Bovespa index after saying it will sell BRL 1.37 billion of new shares, reducing funding concerns for its ...
Tags: iron ore price news, gold shares, stock market prices, stock and shares
Bloomberg reported that iron ore shipments from Australia advanced to a record in October as a strengthening Chinese economy boosted demand. According to government data compiled, exports gained 7.6% from September to 44.2 million metric ...
Tags: iron ore, industrial output, exports, Steel
Bloomberg reported that Vale SA plans to invest the least in 3 years in 2013 as lower prices and slowing demand erode profit. Shares fell for the first time in three days. The Rio de Janeiro based company in a regulatory filing said that ...
Tags: iron ore price news, oil investment, sell scrap metal, iron
The bi monthly SteelBenchmarker TM Chinese HRB ex work soared 5.0% to USD 523 per tonne, for the fourth consecutive time. The World export HRB price increased 1.5% to USD 542 per tonne, FOB the port of export, for the second consecutive ...
Tags: SteelBenchmarker, HRB, HRB price, price convergence
Bloomberg reported that Vale SA plans to accelerate growth in iron ore output to recover market share it has lost to competitors including BHP Billiton Ltd and Rio Tinto Group. Mr Jose Carlos Martins head of ferrous and strategy at an ...
Tags: iron ore, Vale SA, BHP Billiton Ltd, Rio Tinto Group
Fortescue Metals Group Ltd has reached an agreement with BC Iron Ltd in relation to the Nullagine Iron Ore Joint Venture including a 25%partial divestment of Fortescue's interest for total net proceeds of AUD 190 million. Fortescue and BC ...
Tags: Fortescue Metals Group, BC Iron, Nullagine, agreement
Bloomberg reported that steel reinforcement bar futures posted the biggest weekly climb in more than two years on expectations a strengthening Chinese economy will boost demand. Rebar for May delivery rose 1.7% to close at CNY 3,656 (USD ...
Tags: steel reinforcement bar, steel, urbanization projects, metric tonne
Bloomberg reported that iron ore inventories in China,the biggest user of the steelmaking ingredient,dropped to the lowest levels in 2 years as higher demand pushed up prices. According to weekly data from researcher Beijing Antaike ...
According to Deutsche Bank AG, BHP Billiton Ltd, the world's biggest mining company may attract investment of USD 2 billion from fertilizer makers as well as sovereign wealth funds in its Canadian potash project. Deutsche analysts Mr ...
Tags: BHP Billiton, Deutsche Bank, mining company
Arkema announces an increase by 60€/dmt (dry metric tonne) on caustic soda prices (sodium hydroxyde 30.5% and 50%), effective October 1st, 2012 or as contracts allow. This adjustment is made necessary by the increase in the cost of ...
Tags: chemical firm, Caustic Soda prices, Caustic Soda, sodium hydroxyde
Ferromatik Milacron India, part of Cincinnati-based Milacron LLC, recently introduced new machine sizes to the Indian market. At an October open house in Ahmedabad, where it is based, Ferromatik Milacron unveiled its 3,200-metric-tonne ...
Ferromatik Milacron India, part of Cincinnati-based Milacron LLC, recently introduced new machine sizes to the Indian market. At an October open house in Ahmedabad, where it is based, Ferromatik Milacron unveiled its 3,200-metric-tonne ...
The UK government's Carbon Reduction Commitment (CRC) Energy Efficiency Scheme does not help datacentres become more efficient, according to Adriaan Oosthoek (pictured), vice-president of not-for-profit industry association Data Centre ...
Cement export from the country during the first two months of current financial year posted growth of 20.38 percent as compared to the same period of last year. According to data of Pakistan Bureau of Statistics (PBS), about 1, 154, 554 ...
Tags: market view, cement