Evraz UGOK (Southern Ore Mining and Processing Enterprise), a subsidiary of Russian mining and steel producing company Evraz Group, has announced that in January this year its iron ore concentrate production increased by one percent year on ...
Tags: Iron Ore, Ore Mining, Iron OreOutput
Reportedly China’s Iron and Steel Association (CISA) said that it would support Brazil’s Vale docking its giant Valemax ore carriers at China if that would lead to decreases in iron ore costs for its members. Zhang Changfu, ...
Tags: CISA, iron ore costs, iron ore market
Reportedly, the three major steelmakers in Korea planned to raise the ex-work prices of hot rolled steel products for February due to higher input costs and weak sales. Industry sources said that the scrap prices have jumped substantially ...
Tags: steelmakers, hot rolled steel products, hot rolled steel
The sharemarket rose after a report showed falling interest rates were lifting parts of the nation's housing market, while manufacturing data from China indicated that an economic recovery remained on track. BHP Billiton, the world's ...
Tags: Stocks, economic recovery, iron ore gains
Rio de Janeiro, Brazil-base Vale S.A. announced Friday that iron ore production reached the highest level for a fourth quarter, at 85.5 million metric tons, allowing for a larger exposure to the price rally of the final months of last year. ...
Tags: iron ore production, iron ore, mine
Toronto-listed miner Northland Resources has announced that it will start loading its first iron ore vessel on February 9 for further shipment to end customer and partner Tata Steel UK Limited. Northland's first shipment of 40,000 mt of ...
Tags: iron ore, Tata Steel, high grade iron ore
Metalloinvest, a leading global iron ore and HBI (hot briquetted iron) producer based in Russia, has announced its operational results for the fourth quarter and full year of 2012. In Q4 2012, the company’s iron ore, pellet and ...
On February 1, Nanjing-based Meishan Mining Company, a subsidiary of Chinese steel giant Baosteel, announced that in January this year its output of iron ore concentrate totaled 240,200 mt, up by 72,800 mt year on year. Apart from its ...
Tags: Mining produces, iron ore, steel giant
It was assessed by SunSirs that in the tracked 100 spot commodities,30 commodities increased in prices, 13 fell and 57 remained unchanged on 31/01/2013.The largest rises were Nickel (1.57%),Silver (1.24%),Zinc (0.72%),while the largest ...
Tags: China, Spot Commodities Price, chemicals
It was assessed by SunSirs that in the tracked 100 spot commodities,28 commodities increased in prices, 15 fell and 57 remained unchanged on 30/01/2013.The largest rises were Nickel (1.35%),Zinc (1.34%),Mild steel plate (1.22%),while the ...
Tags: China, Spot Commodities Price, chemicals
US iron ore production in 2012 has been estimated at 53.2 million mt,down slightly compared to the 54.7 million mt recorded in 2011, owing to reduced steel consumption and destocking, according to the "US Geological Survey, Mineral ...
Luxembourg-based steelmaker ArcelorMittal has announced that it has signed a $40 million deal with the government of Liberia to build a 70 km road between the towns of Ganta and Yekepa, close to the company's iron ore mine in Mount Tokadeh. ...
Tags: road building, steelmaker, iron ore project
Australia-based miner Royal Resources Limited has announced that it has completed the pre-feasibility study on its Razorback iron ore project in Adelaide, South Australia. Accordingly, Royal Resources anticipates an annual mining rate of ...
China’s Ministry of Commerce (MOC) has announced that during last week (January 21-27) the average steel price in China increased by 0.1 percent compared to the previous week. In particular, in the given week prices of 80 mm x 43 mm ...
Tags: steel price, channel steel, iron ore
U.S. Steel Corp and AK Steel Holding Corp expect better performance along with recovery of global economy and steady low cost of raw materials such as coal and iron ore. The global steel demand is expected to rise 3.2% compared with ...