As of April 28, inventory of iron ore at 33 major Chinese ports amounted to 108.31 million mt, down 100,000 mt or 0.09 percent compared to the inventory level recorded on April 21, as announced by China's Xinhua News Agency. As of the ...
Tags: Iron Ore, spot market
Mechel, one of the leading Russian mining and metals companies, has announced the temporary halting of mining at Mechel Bluestone in West Virginia, US, which is part of the company's mining division. Due to unfavorable market conditions, ...
Tags: Mechel, Coking Coal Mine
Brazilian miner Vale has announced that the Republic of Guinea has revoked the mining licenses for the Simandou and Zogota iron ore projects due to a technical committee report indicating that the mining licenses were obtained by Vale's ...
In the first quarter this year, the aggregate gross profits of large and medium-sized industrial enterprises in China amounted to RMB 1.29424 trillion ($0.21 trillion), increasing by 10.1 percent year on year, according to data released by ...
Tags: Metallurgy, Mineral, Energy, steel
Swedish high-technology engineering and steelmaking group Sandvik has issued its financial results for the first quarter of the current year. According to the financial results, Sandvik's net profit for the first quarter was SEK 1.5 ...
Titan International Inc. posted net income of $2.1 million on net sales of $539 million for the first quarter ended March 31, 2014. That compares to income of more than $19.4 million on sales of $578.4 million for the same period in fiscal ...
Tags: Auto Parts, tyre, tire
UK-based mining giant Anglo American Corporation has announced its production results for the first quarter of the current year. In the given quarter, iron ore production from Kumba Iron Ore increased by 10 percent year on year to 11.3 ...
Tags: Iron Ore, mining giant
Evraz ZSMK, a Siberian steel division of steel and mining group Evraz, has announced that in the first three months this year it shipped 1.62 million mt of rolled steel products by railway, up 7.3 percent compared to the same period of last ...
Tags: Rolled Steel, steel, mining
Ukrainian mining and steel producing group Metinvest has announced that its sales channel in Ukraine, Metinvest-SMC, has opened a retail warehouse in Kharkiv, one of the largest steel consuming regions in the country. The company already ...
Tags: Metinvest, mining, steel producing
The price of copper remains within its expected range despite a recent dip below $3/lb while continued demand from China bodes well for prices over the long term, the CEO of Codelco, the world's largest producer of the red metal, said ...
Tags: copper, copper price
The Supreme Court of India has lifted the iron ore mining ban in the Indian state of Goa, with an upper limit of 20 million mt per year, according to media reports. An expert panel is expected to submit a report within six weeks ...
Tags: Metallurgy, Mineral, Energy, Iron Ore
Sri Madhusudan, managing director of Indian state-run steelmaking and mining company Rashtriya Ispat Nigam Limited (RINL), has said that the company has an ambitious plan to achieve a turnover of around INR 200 billion ($3.3 billion) in the ...
Tags: Metallurgy, Mineral, Energy, Steel
The U.S. Environmental Protection Agency today ordered Molycorp Minerals, LLC, to pay a $27,300 penalty for improper management of hazardous waste at its San Bernardino County mine and mineral processing facility. The violations were ...
Tags: EPA, Certification
U.S. factory output rose further last month, extending strong growth from February after harsh weather had caused production to tumble in January. Manufacturers produced more furniture, clothing, chemicals and aerospace products. The ...
Tags: U.S.Factory, Solid Gains
BHP Billiton has lifted its production guidance for Western Australian iron ore to 217 million mt for the 12 months to June 30, up by 5 million mt from its earlier estimate, the Melbourne-based miner said Wednesday. The "relatively ...
Tags: Iron Ore, BHP Billiton