The sharemarket is set to enter the final trading day of the year on edge after worries that US politicians would not be able to avert the looming fiscal cliff sent US stocks on their biggest one-day fall in more than a month. Futures ...
Tags: sharemarket, US politicians, fiscal cliff, stocks
PTI quoted government auditor CAG as saying that state owned iron ore producer NMDC needs to come up with a specific strategy to acquire mines overseas. CAG in a recent report said that "Company has been making efforts to acquire mines ...
Economic Times reported that Steel Authority of India Limited's Bhilai Steel Plant produced 3.98 million tonne of hot metal,3.83 million tonnes of crude steel and 3.32 million tonnes of saleable steel during the nine month period. While ...
Tags: Economic Times, SAIL BSP, steel
Fitch Ratings forecasts that after a period of severe destocking in 2012,raw steel production in China will grow 3%to 4%in 2013.But the ratings agency also believes that Chinese steel demand has likely peaked and should grow at less than ...
Minnesota Iron Mining Association president Craig Pagel said the state's iron ore production rose slightly in 2012.This is the third year in a row that output has risen.At the same time,the Association is forecasting production will dip in ...
Tags: Minnesota, iron ore output, Minnesota Iron Mining Association
Business Standard reported that Indian iron ore production is expected to fall by 40% to 100 million tonnes in 2012-13 as compared with 167 million tonnes 2011-12, which had also seen sharp decline from 208 million tonnes produced in ...
Tags: iron ore production, iron ore, iron ore export, iron, ore
Hong Kong-listed IRC Limited(IRC)has announced that as of December 20 its iron ore production in the current year has reached 820,000 mt,exceeding the 2012 target with production still ongoing. IRC is anticipated to produce an additional ...
Tags: IRC, iron ore production, Hong Kong, Kuranakh Mine
A report tabled by the Comptroller and Auditor General suggests, iron ore miner National Mineral Development Corporation has suffered revenue loss of INR 745.94 crore during 2007-10 for not revising the domestic prices of the steel making ...
Tags: Iron ore pricing, Iron ore, iron ore miner, steel output
According to the Mineral Industry Survey released by the US Geological Survey, US iron ore production in September this year was 4.34 million tonne, nearly equal to the August level and down 1.4% YoY. In the first nine months of the year, ...
Tags: iron ore, iron, ore, iron ore production, pig iron
The Hong Kong Company announced that IRC has exceeded its iron ore production targets for the year. IRC, which produces industrial commodities in the far east of Russia and north east of China said that it surpassed its target of 820,000 ...
Tags: IRC, Hong Kong Company, iron ore production, 2012
Beyond the short time,demands for steel will maintain lower than supply and the marginal cost for raw materials are heading for decline,and thus the cross year increase for steel prices will perform reasonably. Investments in Real Estate ...
Tags: demands for steel, steel prices, railway infrastructure construction
During the SteelOrbis fall 2012 conference&67th IREPAS meeting held in Munich on September 30-October 2,Peter Marcus from World Steel Dynamics(WSD)has assessed the current situation in the world steel industry and provided an outlook for ...
Tags: SteelOrbis, 67th IREPAS meeting, Munich, WSD
According to National Bureau of Statistics, China produced 24.635 million tonnes of crude iron ore in November this year, rising 14.1% YoY but falling slightly from 124.853 million tonnes in October. Total crude ore output in the first 11 ...
Tags: crude iron ore, iron ore, China, iron industry
Crusader Resources has received a highly anticipated operating license for its Posse iron ore project in Brazil. Mining will begin immediately with first iron ore production targeted by Crusader for early in 2013. A License to Operate ...
Tags: iron ore price news, mining, coal mining news, iron
Mr Wang Jianjun deputy director general of Department of Foreign Capital and Overseas Investment under NDRC at an industry forum on December 8th said that China's decision making body National Development and Reform Commission is working ...
Tags: offshore iron ore, investments, Simandou iron ore project, West Africa