With Thanksgiving now just days away, many of us are already thinking about turkey and football. But others—and you know who you are—are contemplating a different contact sport: Black Friday shopping. And this year the deals are ...
Tags: Black Friday shopping, electronics items, shopping tips, electronics
Global steelmaker ArcelorMittal is considering resuming a blast furnace in its Dunkerque steel plant in northern France, according to media reports. The restart decision is believed to be a result of the slight rise in European steel ...
Tags: steelmaker, ArcelorMittal, Dunkerque steel plant, northern France
Sergei Kuznetsov has been CEO of both Severstal International and Severstal North America since July 2009.He joined Severstal in 2002 to head the business planning group created to acquire foreign assets and develop international ...
Tags: US, HDG price, steel price, automotive market
Within a couple of days first Fortescue Metals' Nev Power and then Rio Tinto's Sam Walsh have warned that the remarkable rebound in iron ore prices won't last. Others are not as sure. Earlier this week, Power attributed the sharp rise in ...
Tags: Iron Ore, Fortescue Metals'Nev Power, Rio Tinto's Sam Walsh, Metallurgy
Business Times reported that iron ore prices hit an eight month high this week. Iron ore is seen as a proxy for industrial activity and construction in China. The commodity is critical for the profitability of mining groups, including ...
Tags: iron ore prices, iron ore, steelmakers, steel production
Debar price was upward till Tuesday then finished the week downward. Average price of debar in Esfahan market started the week at IRR 17.325 million per tonne then after some up and down fluctuations finished the week at IRR 17.67 million ...
Tags: Debar price, Esfahan market, debar market, Iran
Rio CEO Sam Walsh told The Australian that short-term factors like restocking and the cyclone season are behind the December spike from USD 115 to USD 145. Mr Walsh said “We’re seeing an unusual situation at the moment ...
Tags: Rio, restocking, cyclone season, company news
In a report out this week Norwegian analysts at Arctic Securities suggest Chinese iron ore imports are set to spike.The news comes as iron ore inventories at Chinese ports stand at their lowest for more than two years. According to ...
Tags: iron ore, AID, Arctic Securities, China
Mr.Dmitry Nikolaenko,sales director and member of the executive committee of Metinvest,shared his thoughts with SteelOrbis about Metinvest's acquisition of Zaporizhstal,about Metinvest's services and on the Turkish flat steel market in ...
Tags: Metinvest, Zaporizhstal, flat steel
7-Eleven, a US-based convenience store chain, is restocking its shelves with fresh foods, as part of its efforts to focus on healthier food options and draw calorie conscious consumers. Some of the new products that were launched recently ...
Tags: 7-Eleven, store chain, fresh foods, chain
Fitch Ratings Director Jay Djemal said that Latin American Metals and Mining observed that higher operating costs remain entrenched. The report said that “Higher operating costs will continue in 2013 for metals and mining. Cost ...
Tags: metals, Mining, mining exports, copper miners
The inevitable came to the fore with the iron ore price losing 1%. Over a week long silence was broken on expected lines. Mills withdrew from buying remaining contended with need based buying from stocks. Tenders continued at lower levels ...
Tags: iron ore price news, steel scrap price, stainless steel
Q2 1012 apparent consumption down more than 12% YoY Stocks reduced further Demand seen falling almost 9% in 2012 Market to remain depressed well into 2013 Timid recovery in H2 2013 In Q2 2012, EU apparent steel consumption fell by ...
Tags: EUROFER, steel consumption, steel market
Reuters reported that Brent crude oil fell below USD 111 per barrel as a lack of progress in US budget talks to avert a fiscal crisis darkened the outlook for demand in the world's biggest oil consumer. Top US Republican lawmaker John ...
Tags: US fiscal, oil, oil consumer
MMK expects volumes of finished steel products in Q4 2012 will be affected by the seasonal slowdown in business activity on the domestic market. At present, world steel prices are close to their lowest level, and MMK does not expect a ...
Tags: MMK, steel products, steel prices