Vancouver, British Columbia-based Canadian iron ore exploration company Alderon Resources Corporation has announced that China's largest steelmaker Hebei Iron and Steel Group Co., Ltd. (Hebei Steel) has contributed the remaining C$119.9 ...
Tags: Hebei Steel, Iron Ore Project, Mineral
On March 20, Hubei Province-based Chinese steelmaker Wuhan Iron and Steel Co. Ltd, (WISCO), a subsidiary of Wuhan Iron and Steel (Group) Corp., announced that it has received approval from China’s State-owned Assets Supervision and ...
Tags: WISCO, Non-Public Share Issue, Mineral
UK-based London Mining, a global diversified miner targeting the steel sector, has announced its financial results for 2012. London Mining registered a net loss of $107.8 million in 2012, compared to a net loss of $60 million in 2011. The ...
Tags: London Mining, Mineral, steel sector
According to the provisional data released by the Japanese Ministry of Finance, in February this year Japan's iron and steel product exports came to 3.6 million metric tons, remaining stable month on month and up 12.8 percent as compared to ...
Tags: Japan, Steel Exports, Mineral
On March 20, Hebei Province-based Chinese steelmaker Tangshan Iron and Steel Co. (Tangsteel), a subsidiary of Hebei Iron and Steel Group, signed an agreement to acquire a 10 percent stake in Swiss-based Duferco International Trade Holding, ...
Tags: Duferco, Chinese Steelmaker, Mineral
Recently, MMX Mineracao & Metalico SA (MMX), one of the major iron ore mining companies in Brazil announced its financial report for 2012. The company posted a net loss of BRL792.4 million for 2012, decreasing from a net loss of ...
Tags: iron ore mining, iron ore, mining
The prospects for Australia's biggest commodities export continue to worsen in the eyes of forecasters, with the federal government's forecaster wiping $66 billion from expected iron ore export revenue out to 2016-17 and leading global ...
Tags: iron ore export revenue, sharemarket, share
The sharemarket is trading lower, led down by the big miners on concerns over iron ore prices. At 12.07pm AEDT, the benchmark S&P/ASX200 index was down 38.1 points, or 0.76 per cent, at 4949.3 points. The broader All Ordinaries index ...
Tags: sharemarket, benchmark, Ordinaries index
Australian stocks have tumbled for a third straight day, led by hefty falls from the major miners in response to a bleak outlook for iron ore prices. At 4.15pm AEDT, the benchmark S&P/ASX200 index was down 20.1 points, or 0.4 per cent, at ...
Tags: Australian stocks, benchmark, Stock
According to the Quarterly Resources and Energy report released by the Australian Bureau of Resources and Energy Economics (BREE) on March 20, Australia's iron ore exports in 2013 are forecast to increase by 12 percent year on year to 554 ...
Tags: Iron Ore Export, Iron Ore, Iron, Ore
According to the customs statistics provided by the Turkish Statistical Institute (TUIK), in January this year Turkey's iron ore imports decreased by 68.55 percent month on month to 291,117 mt, regressing to November 2012 levels, after ...
Tags: Iron Ore Imports, Iron Ore, Iron, Ore
According to the report of China's Ministry of Commerce (MOC), the average steel prices in China dropped by 0.4% from a week ago during March 11st through March 17th. In the given period of time, the average prices of rebar with diameter ...
Tags: Steel, Steel Prices, Metallurgy, Mineral, Energy
Rio de Janeiro, Brazil-based iron ore mining company MMX Mineracao & Metalico SA (MMX) has announced its financial results for 2012. In 2012, MMX registered a net loss of R$792.4 million ($400 million), compared to a net loss of R$19.2 ...
Tags: iron ore mining, iron ore, mining
Swedish-based iron ore producer LKAB has announced that it has signed a seven-year purchase agreement with UAE-based Emirates Steel for delivery of one million mt of direct reduction pellets each year. LKAB indicated that this agreement ...
Tags: Emirates Steel, iron ore producer, iron ore
Luxembourg-based global steelmaker ArcelorMittal has announced that it has completed the first part of its sale of a 15 percent share in its wholly-owned subsidiary ArcelorMittal Mines Canada (AMMC) to a consortium led by the South Korean ...
Tags: Arcelormittal, Metallurgy, Mineral