"2013 has been a good year although not as good as expected, because of the difficulties in the European steel markets and the extra cost in some projects in North Africa and the Middle East" stated Gianpietro Benedetti, chairman and CEO of ...
Tags: Metallurgy, Mineral, Energy
China's Ministry of Commerce (MOC) announced that during last week (Oct. 14-20) the overall average finished steel price in China declined by 0.1 percent week on week. In the given week, average prices of 3 mm hot rolled sheet, 80 mm x 43 ...
Tags: Metallurgy, Mineral, Energy, Finished Steel
As of October 21, inventory of iron ore at 25 major Chinese ports amounted to 75.299 million mt, indicating an increase of 459,000 mt or 0.61 percent week on week, as announced by China's Xinhua News Agency on October 22. As of the given ...
Tags: Iron Ore, Metallurgy, Mineral, Energy
Finland-based steelmaker Ruukki has issued its financial results for the third quarter and the first nine months of 2013, reporting an operating profit of €10 million in the third quarter, compared to an operating loss of 15 million in ...
Tags: steel, Metallurgy, Mineral, Energy
South Korean steelmaker POSCO has announced that Krakatau POSCO, its joint venture with Indonesia-based state-run steel company PT Krakatau Steel, began manufacturing coke in early October. In October 2010, POSCO came together with PT ...
Tags: Metallurgy, Mineral, Energy
In August this year, iron ore production in Peru amounted to 289,838 long tons (293,637 mt), decreasing by 49 percent compared to the same month of the previous year, according to Peru's Energy and Mining Ministry. In the first eight months ...
Tags: Metallurgy, Mineral, Energy, Iron Ore
On October 20, Xinjiang-based Chinese company Up Energy Co.'s coke oven No. 1, built by MCC Tiangong Group Co., was successfully commissioned, as announced by China Metallurgical Group Corporation (MCC) on October 23. The new coke oven has ...
Tags: Metallurgy, Mineral, Energy, coking coal, clean coking coal
The United Nations Organization (UN) certified and endorsed this week the coal mines of Altos Hornos de México (AHMSA) for the commencement of gas incineration technology that can significantly reduce methane emissions into the ...
Tags: Metallurgy, Mineral, Energy, coal
India-based global steelmaker Tata Steel has announced that it has commissioned a new heat treatment plant at its Hayange plant in the Lorraine region of France, which will produce train tracks capable of lasting up to three times longer ...
Tags: Steel, Metallurgy, Mineral, Energy
Russian pipe maker United Metallurgical Co (OMK) is planning to buy a spring steel mill, Chusovoy Steel Works (ChMZ). OMK hopes to complete the acquisition before the end of the year. Russia's federal anti-monopoly service (FAS) has ...
Tags: pig iron, Metallurgy, Mineral, Energy, Steel
In the first nine months of this year, world pig iron production amounted to 880.34 million mt, rising by 5.3 percent compared to the same period of 2012, according to the preliminary data covering 38 countries accounting for approximately ...
Tags: Pig Iron, Metallurgy, Mineral, Energy
The groundbreaking ceremony for the iron-making plant of Baosteel Zhanjiang Iron and Steel Co. has been held in Zhanjiang, Guangdong, as announced by Chinese steelmaker Baoshan Iron and Steel (Baosteel) on October 21. The ceremony marks the ...
Tags: steel, Metallurgy, Mineral, Energy, Construction
Tata Steel has announced that it will supply rail track and steel sleeper plate to Network Rail, UK's railway network, for at least five years. Accordingly, Network Rail will source more than 95 percent of its rail from Tata Steel until ...
Tags: Steel, Metallurgy, Mineral
Australian miner BHP Billiton has announced its production results for the first quarter ended September 30, 2013. BHP Billiton expects a five million mt increase in the full financial year guidance for its Western Australia iron ore ...
Tags: Metallurgy, Mineral, Energy
According to the preliminary data released by the World Steel Association (worldsteel), global direct reduced iron (DRI) production in the 14 countries accounting for approximately 82 percent of total world DRI production in 2012 amounted ...
Tags: Metallurgy, Mineral, Energy, Steel