Austrian steelmaker voestalpine has announced that it will build a direct reduction plant just outside the city of Corpus Christi, Texas, US. The construction is estimated to take about 15 months to complete. The plant, which will be ...
Tags: Metallurgy, Mineral, Energy, iron
Swiss-headquartered iron ore miner Ferrexpo, whose main interests are in Ukrainian iron ore assets, has announced its financial results for 2012. In the given period, Ferrexpo's net profit decreased by 62.5 percent to $215.6 million ...
Tags: Metallurgy, Mineral, Energy, iron ore, iron
Labrador Iron Mines Holdings (LIM) and Tata steel have already settled the cooperation agreement, including the sale of a 51% stake in the Howse iron ore. Under the agreement, LIM and Tata Steel Minerals Canada (TSMC) will develop rail ...
Tags: Tata Steel, Steel, Iron Ore
According to the State Statistics Committee of Russia (Russtat), in January this year Russia's exports of iron ore decreased by 1.6 percent year on year to 1.796 million mt, worth a total of $146.1 million, down 32.6 percent year on year. ...
Tags: iron ore exports, iron ore, coal
According to the State Statistics Committee of Russia (Russtat), in January this year Russia's exports of iron ore decreased by 1.6 percent year on year to 1.796 million mt, worth a total of $146.1 million, down 32.6 percent year on year. ...
Pakistan Steel Mills (PSM) have plans to increase capacity from the current 38% to 60% in the coming months after receiving a 55,000 ton cargo of iron ore fines from Australia. PSM has been purchasing iron ore from Iran with long term ...
Tags: iron ore, Steel Mills, PSM
Cliffs Natural Resources said Monday that it expects to idle its Wabush Pointe Noire pellet plant within the city of Sept-Iles in Quebec by the end of Q2 2013. The company indicated that its decision to idle its iron ore pellet operation is ...
Toronto, Ontario-based iron ore producer Labrador Iron Mines Holdings Limited (LIM) has announced that it has entered into a framework arrangement with Tata Steel Minerals Canada (TSMC), a subsidiary of India-based steel giant Tata Steel ...
Tags: Steel Minerals, LIM, Steel
In the January-February period of the current year, China imported 121.95 million mt of iron ore and iron ore concentrate, down 1.5 percent year on year, according to the figures released by China’s General Administration of Customs. ...
Sweden-based mining and exploration company Dannemora Mineral has announced an iron ore reference price of $147/mt for the second quarter of the current year, based on the average prices for December 2012 and January and February 2013. The ...
Tags: iron ore prices, iron ore, mining
As of March 11, inventory of iron ore at 25 major Chinese ports amounted to 76.38 million mt, down 490,000 mt or 0.64 percent on week-on-week basis, as announced by China’s Xinhua News Agency. As of March 11, the Xinhua-China Iron ...
Tags: Iron Ore Inventory, Iron Ore, Iron, Ore
Indian state-run miner NMDC is currently not in negotiation for acquisition of coal and iron ore mines, in Brazil or in any other country, according to the Press Information Bureau of India. During a speech in the Indian parliament, Dr. D ...
Tags: Steel Industry, Steel, Raw Material
During last week (March 4-8), China's iron ore spot trading platform run by the China Beijing International Mining Exchange (CMBX) recorded 36 offers of a total of 2.745 million mt of iron ore, with the conclusion of eight deals totaling ...
Tags: iron ore spot, iron ore, iron ore market
It’s reported that Nippon Steel & Sumikin Stainless (NSSC), the largest stainless steel producer in Japan announced to hike its domestic prices for austenitic cold rolled coils (CRC) and plates by 15,000/ton for March contracts, due ...
Tags: NSSC, stainless steel, CRC
According to the Mineral Industry Survey released by the US Geological Survey (USGS), US iron ore production in December 2012 was 4.65 million mt, up 1.5 percent over the November level and up slightly by 0.4 percent year on year. In 2012, ...
Tags: Iron Ore Output, Mineral Industry, Mineral