Hebei Province-based Chinese steelmaker Hebei Iron and Steel Group has announced that in January this year its subsidiary Hebei Iron and Steel Group Mining Co. produced 611,407 mt of iron ore concentrate, up 1.29 percent year on year but ...
Tags: steelmaker, Steel Group, Steel Industry
In January of the current year, iron ore shipments from Australia's Port Hedland decreased by 15 percent compared to December last year and were up 27 percent year on year, totaling 22 million metric tons. The Port Hedland Port Authority ...
The world's largest steelmaker Luxembourg-based ArcelorMittal has announced its financial results for the fourth quarter and the full year 2012. In the fourth quarter, ArcelorMittal registered a net loss of $3.99 billion compared to a net ...
Kazakhstan-based mining group Eurasian Natural Resources Corporation Plc. (ENRC) has announced its operational results for the fourth quarter and the full year 2012. The miner registered a ferroalloy output of 392,000 mt in the fourth ...
Demand is stable, prices are decent, and struggling end-use sectors seem to be on the rebound, yet the US long product market remains relatively stagnant. Speakers at SteelOrbis' annual Rebar & Wire Rod Conference in Las Vegas on February 4 ...
Tags: Rebar, Wire Rod, Colakoglu Steel
International credit ratings agency Moody's has announced that it has affirmed Russian steel producer NLMK’s Baa3 rating, with a stable outlook.The agency underscored that this decision reflects the global scale of the group’s ...
Tags: Moody, Metallurgy, company news
The government of the state of Western Australia has announced that it has approved proposals by Australia-based miner Rio Tinto to expand its iron ore operations and build a major new power station in the Pilbara region, clearing the way ...
Tags: iron ore, miner, iron ore mine
Australian mining giant Fortescue Metals Group Ltd has announced that it has agreed with Australia-based company Iron Ore Holdings Limited (IOH) to the early termination of Fortescue's exclusive option to develop IOH's Iron Valley deposit. ...
Tags: Iron Valley, mining giant, mining
Australia-based miner Atlas Iron Limited has announced that its total Pilbara iron ore reserves have increased by 21 percent to 499 million mt, further strengthening the company's existing operations, near-term development projects and its ...
Tags: Atlas Iron, iron ore, miner
According to the report released by Brazil's National Union of the Industry of Extraction of Iron and Base Metals (Sinferbase), the Brazilian mining industry (mining and mineral processing) recorded a surplus of $27.4 billion in 2012. ...
It is reported that the mining giant Vale is going to decrease the investment on the its 50% stake in Brazil's Companhia Siderúrgica do Pecém steel plant, a joint venture between Vale, the largest Brazilian supplier of iron ...
Tags: Vale, mining giant, Brazil
Local shares reversed an intraday rise yesterday as caution about upcoming corporate earnings eclipsed data indicating continued improvement in Australia's two biggest trading partners. The benchmark S&P/ASX 200 index closed down 0.3 per ...
According to the data issued by Ukraine's Cabinet of Ministers, in January this year Ukraine registered an 11 percent decrease in its finished steel product output to 2.199 million mt, a 0.9 percent increase in its crude steel output to ...
Tags: Ukraine, Cabinet of Ministers, January, crude steel output
As of February 1, total iron ore inventory at 30 major Chinese ports amounted to 67.77 million mt, down 2.33 million mt week on week and constituting the fourth consecutive week-on-week decrease, according to China’s National Bureau ...
Australia-based Aquila Resources Limited has announced that it has decided to maintain its A$7.4 billion West Pilbara iron ore project on minimum expenditure for the remaining of the financial year 2012-13. In December 2012, Aquila stated ...
Tags: iron ore project, iron ore, steel