Indian miner Sesa Sterlite has announced its financial results for the full financial year 2013-14 ended March 31, reporting a net profit of INR 123.5 billion ($2.05 billion), down 15.5 percent compared to the previous financial year. In ...
Tags: miner, Sesa Sterlite
Australia-based miner Rio Tinto has announced that it has filed a complaint in the US District Court for the Southern District of New York against Brazil-based miner Vale and BSG Resources Limited regarding mining concessions in Guinea. ...
Tags: Rio Tinto, mining license
In the first quarter this year, Turkey's finished steel output increased by 2.9 percent to 8.74 million metric tons, despite the 0.5 percent decrease in the country's crude steel output in the given period to 8.43 million metric tons, both ...
Tags: Finished Steel, long products
In the first quarter this year, Turkey's scrap imports increased by 1.2 percent to 4.40 million mt, valued at $1.70 billion, down 1.2 percent, while the country's domestic scrap supply volume decreased by 3.4 percent to 2.88 million mt, all ...
Tags: Scrap Imports, scrap
Ternium S.A. reported Wednesday that first-quarter net income increased to $150.0 million from $129.3 million in the previous year. Net sales increased to $2.149 billion from $2.136 billion in the same quarter of 2013, primarily from ...
Tags: iron ore, Steel shipments
Sweden-based mining and exploration company Dannemora Mineral has issued its financial results for the first quarter this year, registering a net loss of SEK 84.75 million ($13 million), compared to a net loss of SEK 133.86 million in the ...
According to the data announced by Statistics Indonesia (BPS), in March this year the value of Indonesia's iron and steel imports increased by 4.10 percent compared to the previous month, amounting to $673.4 million, while the country's ...
Tags: Iron, Steel Import
In March this year, Japan's iron and steel product exports amounted to 3.87 million metric tons, decreasing by five percent year on year and increasing by 20.3 percent compared to the previous month, while Japan's iron and steel product ...
Tags: Iron, Steel Product
The expected growth in global steel demand through 2050 may require a tripling of current seaborne metallurgical coal exports, which may be tough for miners to deliver, according to forecasts delivered Monday by two consultants. An annual ...
Tags: steel demand, steel production
In the first quarter of the current year, China's production of pig iron, crude steel and finished steel amounted to 179.71 million mt, 202.70 million mt and 261.41 million mt, respectively, up 0.14 percent, 2.37 percent and 5.3 percent ...
Tags: Steel Output, Crude Steel
According to the American Iron and Steel Institute, in the week ending April 26, 2014, US domestic raw steel production was 1,835,000 net tons while the capability utilization rate was 76.3 percent. Production was 1,837,000 net tons in the ...
According to the information released by , the port e The milestone was achieved on the morning and evening tide on April 28, resulting in a total of 2,028,105 mt exported. As a result, Port Hedland managed 24 vessel movements in the ...
As of April 28, inventory of iron ore at 33 major Chinese ports amounted to 108.31 million mt, down 100,000 mt or 0.09 percent compared to the inventory level recorded on April 21, as announced by China's Xinhua News Agency. As of the ...
Tags: Iron Ore, spot market
US raw steel production moved up about 1.5% week on week due to gains in the Northeast and Great Lakes regions, according to the American Iron and Steel Institute. The US produced about 1.84 million st of raw steel at an average ...
BC Iron reported Monday a 9% increase in iron ore exports over January-March to 1.22 million mt from its Nullagine 75:25 joint venture with Fortescue Metals Group from 1.12 million mt a year earlier. The exports were, however, down 20% ...
Tags: Iron Ore, iron ore exports