Iron ore levels remained ascendant for the 3rd consecutive day. It has touching levels last seen in July. Primarily driven by expected economic recovery in Q1 supported by strong critical parameters has set speculative fear in the market. ...
Tags: iron ore levels, economic recovery, iron market, mill
The multi national mining company Rio Tinto has long promised that its proposed new copper mine near the small town of Superior, Ariz., would provide 4,000 jobs and economic salvation for a local population that has struggled to find work ...
According to preliminary government data, steel imports declined in October by 2.5% compared to September. Mr David Phelps president of AIIS said that "Steel imports declined again in October as demand softened across most product lines. ...
Tags: structural steel, steel scrap price, iron ore price news
According to latest data released by the Ministry of Railways, China's railway fixed asset investment totaled CNY 425.2 billion in the first ten months of this year, 0.89% lower than the same period of 2011. But investment grew fast in ...
Tags: investment plan, railway infrastructure projects, demand for steel
According to an analysis of the industry by Frost & Sullivan, huge infrastructure spending in the Middle East is driving strong demand for steel and fuelling investment in steel projects. Crude steel production in the Middle East has ...
Tags: huge infrastructure, steel, steel projects, rude steel production
People Daily Online reported that demand for steel in China is expected to rise 4.1% in 2013, as the nation's economic growth gets back on track. The 2013 China Steel Demand Forecast also predicted a decline in iron ore prices due to ...
Tags: 2013 China Steel Demand, demand for steel, Crude steel output
The mystery of steel price plummeting amidst improving economic parameters in China can be imputed to destocking at the traders and stockiest end. Use of steel products particularly HRC as collateral for availing credit by the market ...
Tags: steel price, steel products, HRC
International credit rating agency Moody's has announced that the outlook for Asia's steel industry remains stable on the expectation that demand will increase modestly and that there will not be any significant additions to steel capacity ...
Tags: steel industry, International credit rating agency, Moody, steel export
The mystery of steel price plummeting amidst improving economic parameters in China can be imputed to destocking at the traders and stockiest end. Use of steel products particularly HRC as collateral for availing credit by the market ...
Tags: steel, steel products, iron, steel mills
1. Finished steel products output in Q3 2012 was 2,858,000 tonnes up 3% QoQ driven by higher production volumes of long products, flat cold rolled products and galvanized steel. 2. HVA steel products output in Q3 2012 was 1,276,000 tonnes ...
Tags: MMK Group, steel products, HVA
Record export sales and revenue in an increasingly challenging market Commenting on the results,Kumba Iron Ore Limited's("Kumba")CEO Chris Griffith said: "Kumba's solid focus on operations and strategy has delivered another strong set ...
Tags: Kumba, Iron Ore, mine produce, mining
As one of the main global iron ore market, the development and iron ore demand situation for China Steel Industrial got most attention. Recently, in the meeting with subject of "Strengthen International Cooperation, Accelerate Penetration ...
Tags: News Update, Market View, steel
Demand for steel pipe in the United Arab Emirates remains slow as the country enters Ramadan, which runs throughout August. The market is expected to pick up by the end of September. Tube and pipe prices locally remain unchanged since the ...
Tags: steel pipe
Demand for steel pipe in the United Arab Emirates is still slow owing to the approaching Ramadan period, which runs throughout August, and the summer holidays. Prices remain unchanged since the second week of July, SBB learns from market ...
Tags: steel pipe
IF IT'S metal, it's a challenge. Among manufacturers and importers , Rehmertthe capacity for absorbing cost increases for labor and material is running out, prompting an increasing - and in some cases an immediate - need to raise ...
Tags: Metal, Increasing, sources