ArcelorMittal unveiled a new energy recovery and reuse boiler at its East Chicago facility on Monday which recycles waste gas generated through the ironmaking process and uses it to generate electricity to help power the plant. The US ...
Tags: Steam Boiler, Gas Boiler, Oil Fired Boiler, Energy Efficiency
It's reported that world's largest steelmaker ArcelorMittal plans to cut 1,400 jobs, more than half its 2,600 strong workforce of the Zenica unit in Bosnia due to its lowest productivity in Europe. Several hundred workers protested last ...
Tags: steel, ArcelorMittal, steel market, steel industry
Reuters cited a source familiar with the situation as saying that BHP Billiton has selected mining venture B&A Mineração as the preferred bidder for its stake in Mount Nimba, one of the largest iron ore deposits in Guinea. ...
Tags: Guinea Iron Ore, BHP Billiton, B&A, steelmaker
BD Live reported that aveng subsidiary Trident Steel’s ZAR 8.6 million fine set by the Competition Commission was confirmed by the Competition Tribunal on Wednesday. The settlement followed a commission investigation which found ...
Tags: fine set, Competition Tribunal, Trident Steel, Macsteel Service Centres
Reuters reported that South Africa is drawing up laws to force platinum and iron ore miners to sell "small amounts" of production to local processors at a discount to diversify its economy. Mr Lionel October director general of the ...
Tags: platinum, iron ore miners, domestic metal, South Africa
Reuters reported that shares of ArcelorMittal South Africa jump almost 5% as a turnaround in Chinese demand bolsters iron ore and steel prices. A steep drop in steel inventories held by Chinese traders may trigger a stronger price ...
Tags: ArcelorMittal, shares, jump, demand bolsters, iron ore, steel
ArcelorMittal and Nunavut Iron Ore Inc, a subsidiary of Iron Ore Holdings, LP and a company in The Energy and Minerals Group, have agreed that Nunavut Iron Ore will increase its interest in Baffinland Iron Mines Corporation from 30% to 50%. ...
Tags: Iron Ore Holdings, Energy, Minerals, Iron Mines
Reuters reported that the ANC Youth League will propose resolutions on the nationalization of certain minerals and strategic mining companies at the party's 53rd national conference in Mangaung. A statement ahead of the conference said ...
Tags: minerals, mining companies, iron ore, magnesium, platinum group minerals
In the January-November period of the current year, the crude steel production of ArcelorMittal Kryvyi Rih, Ukrainian subsidiary of global steel giant ArcelorMittal, totaled 5.869 million tonnes up by 13.8% YoY In addition, in the first ...
Tags: crude steel, Kryvyi Rih, steel giant, steel, pig iron
According to the Japan Iron&Steel Federation,in the steel market of the USA,prices of hot-rolled,cold rolled and hot-dip galvanized steel sheets/coils rose by USD 30 to 40 from the previous month.Price rise of flat products from the ...
The SMS group finalized its takeover of the majority share in Paul Wurth on December 17, 2012 Earlier, on July 25, 2012, SMS Holding GmbH had announced its purchase of 59.1 percent of the shares in Paul Wurth SA of Luxembourg. Previously, ...
Tags: SMS group, Acquisition, machinery construction, steel, nonferrous metals
Reportedly, the South Korean steel giant Posco has upgraded for its long-term growth prospects and has become the world's third largest steelmaker. The company's third quarter 2012 financial result is better than Zacks Consensus Estimate ...
Tags: Posco, Third Largest Steelmaker, fast growing, steel
ArcelorMittal has expanded its online presence with the launch of four new websites. www.arcelormittal.com/automotive features information about the company's automotive business unit,detailing how the company supports its global ...
Tags: New Websites, ArcelorMittal, Online
France is considering nationalizing an aluminium plant owned by Anglo Australian mining group Rio Tinto. The potential move is being studied by officials working for Arnaud Montebourg, the Industrial Recovery minister, just 10 days after ...
Tags: aluminium plant, Rio Tinto, Industrial Recovery minister, Mineral
Kazakhstan's refined copper and gold output rose in January to November 2012, while production of alumina, zinc and steel fell compared with the same period last year. Production of refined copper rose by 7.9% YoY to 332,620 tonnes in the ...
Tags: Copper Output, Gold Output, production of alumina, Kazakhstan