UK-based London Mining, a global diversified miner targeting the steel sector, has announced that it is seeking a strategic partner for its Marampa iron ore project located in Sierra Leone. In view of ongoing pricing volatility and the ...
Tags: London Mining, Marampa Project
According to the American Iron and Steel Institute, in the week ending May 10, 2014, US domestic raw steel production was 1,843,000 net tons while the capability utilization rate was 76.6 percent. Production was 1,833,000 net tons in the ...
Diversified iron ore developer London Mining said Monday it produced 900,000 mt of iron ore from the Marampa operation in Sierra Leone in the first quarter, up 17% from Q4 2013, while it looked for a minority investor to help it cope with ...
Tags: Iron Ore, London Mining
The US steel coil market remained tight Monday as lead times are now stretching into June and July and mill discipline continues to be iron-clad, market sources said. "They're a little flexible on volume, but it really depends on who ...
Tags: Steel Sheet, steel coil
UK-based London Mining, a global diversified miner targeting the steel sector, has announced its operational results for the first quarter of the current year. In the first quarter, London Mining produced 900,000 wet mt of iron ore ...
Tags: London Mining, steel sector
In the first quarter this year, Japan's cold rolled sheet and strip shipments decreased by 0.42 percent on year-on-year basis to 1.63 million metric tons, according to the Japan Iron and Steel Federation (JISF) data. 55 percent of shipments ...
Sichuan Province-based Pangang Xichang Steel & Vanadium Co., a subsidiary of Sichuan-based Chinese steel producer Panzhihua Iron and Steel Group (Pangang Group), has put its cold rolled project into operation, as reported by Sichuan Daily ...
Tags: Xichang Steel, Cold Rolled
Russian steel producer Magnitogorsk Iron and Steel Works (MMK) has stated that it has mastered reinforcing bar production from At800 steel grade. According to the company's statement, such bars are characterized by high strength, ...
Tags: steel, Magnitogorsk, Iron
In March of the current year, steel product orders, including specialty steels, booked by domestic sectors in Japan amounted to 4.81 million metric tons, up 0.42 percent compared to March 2013 and up 2.02 percent compared to February, ...
Tags: Steel Product, specialty steels
Turkish integrated long steel producer Kardemir Karabuk Demir Celik Sanayi ve Ticaret A.S. (Kardemir) has announced its financial results for the first quarter of the current year, posting a net profit of TRY 100.8 million ($48.4 million), ...
Tags: long steel, pig iron
Based on the US Commerce Department’s most recent Steel Import Monitoring and Analysis (SIMA) data, the American Iron and Steel Institute (AISI) reported Wednesday that steel import permit applications for the month of April total ...
Carbon fiber, a material that is one-quarter the weight of iron but 10 times as strong, currently has limited applications in part because of its hefty price tag. Toray Industries hopes to change that by creating various prototypes and ...
Tags: Carbon fiber, composite materials
According to a report from the Lake Carriers’ Association, heavy ice formations on the Great Lakes continued to slash iron ore shipments in April. Shipments totaled only 2.7 million tons, a decrease of 52 percent compared to a year ...
Tags: Iron Ore, iron ore shipments
Luxembourg-based ArcelorMittal, the world's largest steelmaker, has announced its financial results for the first quarter this year. Regarding the 2014 outlook, ArcelorMittal has lowered its global steel demand growth guidance to 3-3.5 ...
Tags: Steel Demand, steelmaker
On May 9, the China Iron and Steel Association (CISA) announced that in late April (Apr. 21-30) this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China totaled 1.7959 million mt, up 2.66 ...
Tags: Crude Steel, Iron and Steel