Brazilian steelmaker Companhia Siderurgica Nacional (CSN)’s mining division announced that its sales revenues totaled BRL1.3 billion in the fourth quarter of 2012, soaring by 39% from a quarter ago. In 2012, CSN’s mining ...
Tags: steel, steelmaker, mining
It was assessed by SunSirs that in the tracked 100 spot commodities,11 commodities increased in prices, 44 fell and 45 remained unchanged on 02/04/2013.The largest rises were Propylene oxide (3.34%),Color coated sheet (0.83%),Copper ...
Tags: Spot Commodities, Price Chart
It was assessed by SunSirs that in the tracked 100 spot commodities,20 commodities increased in prices, 35 fell and 45 remained unchanged on 03/04/2013.The largest rises were Hydrochloric acid (2.95%),PTA (1.32%),Sulfuric acid (1.32%),while ...
Tags: Spot Commodities, Price Chart, Chemicals
On March 26, Qinghai Province-based Chinese steelmaker Xining Special Steel Co. reported that in 2012 its sales revenue totaled RMB 6.8713 billion ($1.1 billion), down 16.29 percent. while its net profit amounted to RMB 31.49 million ($5.06 ...
Tags: Special Steel, Steel
The 30 percent Minerals Resources Rent Tax (MRRT) in Australia requiring mining companies to pay tax when their annual profits reach $75 million, a measure designed so as not to burden small businesses, raised only A$126 million in the ...
Tags: Australia, Mining Tax, Metallurgy
India’s Ministry of Steel has abandoned plans for four ultra mega steel plants of 10 million mt per year each, in face of opposition from provincial governments on issues of land and allocation of raw materials, a ministry of steel ...
India's state-owned trader MSTC Ltd has announced that on April 9 it will carry out an advance e-auction for the sale of 224,000 mt of iron ore that state-owned miner NMDC will produce at its Donimalai mine in the southern state of ...
Russian steelmaker Severstal has stated that a second dry magnetic separation unit (DMS) has been commissioned at Karelsky Okatysh, a major production and iron ore processing plant in Russia and part of the Resources Division of Severstal. ...
Tags: Severstal, Dry Magnetic Separation Unit, Karelsky Okatysh
ArcelorMittal South Africa, a local unit of global steelmaking giant ArcelorMittal, and South Africa's largest iron ore producer Kumba Iron Ore have indicated that they plan to start arbitration over iron ore deliveries by the last quarter ...
Tags: Arcelormittal, Kumba, Ore Deliveries
Sichuan Province-based Pangang Baima Mining, a subsidiary of Sichuan-based Chinese steelmaker Panzhihua Iron and Steel Group (Pangang Group), has announced its iron ore concentrate purification project, built by Hunan-based Zhongye ...
Tags: Baima Mining, Iron Ore, Purification Project
In March this year, the purchasing managers’ index (PMI) of China’s steel sector decreased to 44.6 percent, sharply down 14.3 percentage points compared to the previous month, as announced by the China Steel Logistics Committee ...
Tags: Chinese Steel Sector, PMI, Mineral
Beijing-based Chinese steelmaker Shougang Group has announced that in the first quarter of this year its subsidiary Shougang Mining Co. produced 1.2071 million mt of iron ore concentrate. Meanwhile, Shougang Mining Co. produced 927,800 mt ...
Tags: Shougang Mining, Mineral, Iron Ore
As of April 1, inventory of iron ore at 25 major Chinese ports amounted to 73.21 million mt, up 620,000 mt or 0.85 percent on week-on-week basis, as announced by China's Xinhua News Agency. As of April 1, the Xinhua-China Iron Ore Price ...
Tags: Metallurgy, Mineral, Energy, Iron Ore
THE sharemarket is lower today, reversing an early rise, with banks hit by a big fall in domestic home sales and resources shares suffering from a steep fall in commodity prices. New home sales fell 5.3 per cent in February, data from the ...
Tags: Service, New home sales
Australia-based Alloy Steel International, Inc. has announced that its Australian subsidiary, Alloy Steel Australia (Int) Pty Ltd (AYSI), has signed a five-year framework contract with Australian miner BHP Billiton Iron Ore Pty Ltd (BHPBIO) ...
Tags: Alloy Steel, Wear-Resistant Plate, Iron Ore