It is reported that a deposit containing large quantities of high quality iron ore has been discovered in the Chiuta district,in the central region of the Mozambican province of Tete. A source from the National Mining Directorate said ...
Tags: Australian, high quality iron ore, Moza, Capitol Resources
“The most valuable commodity I know of is information.” (Gordon Gecko in “Wall Street” by Oliver Stone) Commodities have experienced a renaissance after the bursting of the internet bubble at the end of the ...
Tags: Commodities, Metallurgy, Mineral
Massive modernization and expansion plans have already been launched in Steel Authority of India Limited and Rashtriya Ispat Nigam Limited for increasing the steel making capacity from 12.4 million tonne to 20.2 million tonne and from 3.0 ...
Tags: Steel Authority of India Limited, Rashtriya Ispat Nigam Limited
Steelhome website publishes monthly report on China Steel Market, International Steel Market, HRC/CRC, Construction Steel, Medium Plate, Stainless Steel, Iron Ore, Coke, Scrap and Ferroalloy each month. Summary: ⅠChina medium ...
Tags: China, Medium Plate Market, market news, monthly report
Rio CEO Sam Walsh told The Australian that short-term factors like restocking and the cyclone season are behind the December spike from USD 115 to USD 145. Mr Walsh said “We’re seeing an unusual situation at the moment ...
Tags: Rio, restocking, cyclone season, company news
Private company Sichuan Hanlong Company, after the approval of Anshan Steel s biggest ever expansion plan on iron ore mines, is in view of a partnership with state owned enterprises to build up a major iron ore mine in western Africa. ...
Tags: Sichuan Hanlong Company, Anshan Steel, iron ore, mining
Strike Resources associate Cuervo Resources has intersected massive magnetite mineralization over at least 1,400 meter of strike at the Bob 1 target zone in the Cerro Ccopane iron ore project, Peru. Strike said that the mineralization ...
Tags: Cuervo Resources, magnetite mineralization, strike, iron ore project
Business Line reported that NMDC is likely to hike prices of iron ore for January, as global ore prices rallied strongly this month in the wake of a demand revival from China. Sources said that the iron ore miner, which currently fixes ...
Tags: NMDC, iron ore, global ore prices, ore market
Business Line reported that Sesa Goa shares may remain in focus as iron ore prices are trading at a seven month high. Iron ore prices gained momentum as China’s factory output and retail sales jumped for the last three months, ...
Tags: Sesa Goa, iron ore prices, China, factory output, retail sales
According to the China Iron and Steel Association, as of December 28 this year, inventory of the main finished steel products (plate, hot rolled coil, cold rolled coil, rebar and wire rod) in 26 major steel markets in China totaled 11.88 ...
Tags: China Iron and Steel Association, steel products, rolled coil, rebar
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 ...
Vale Sohar, one of the largest bulk carriers in the world, was welcomed to Oman by members of the North Al Batinah community headed by Mr HE Sheikh Hilal bin Ali Al Habsi, Wali of Sohar. With the capacity to transport 400,000 tonne of ...
Tags: Vale Sohar, bulk carrier, Oman, North Al Batinah community
Anglo American plc announced the sale of its 70%interest in the Amapáiron ore operation in Brazil to Zamin Ferrous Ltd. The terms of the transaction are confidential and the transaction is subject to state regulatory approval. ...
Tags: Interest, Amapáiron, regulatory approval
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
YIEH reported that the CIS steel mills planned to raise the export quotes of pig iron after the New Year holiday,driven by higher prices of scraps and iron ore. It's said that the Ukrainian mills planned to raise the pig iron export ...
Tags: Iron Export, Offers, Russian