China Steel Corp. (CSC), the largest carbon steelmaker in Taiwan is going to release its list prices for electric furnace (EF) Al-killed wire rods for June. Industry sources predicted that CSC might cut its list prices for EF Al-killed wire ...
Tags: CSC, Wire Rod Prices
The world's largest steelmaker Luxembourg-based ArcelorMittal has announced that it is targeting cost cuts of $3 billion by the end of 2015. As of March this year, the company had achieved $200 million in cost improvements. According to ...
Tags: Arcelormittal, Mineral
As of May 7, inventory of iron ore at 25 major Chinese ports amounted to 70.53 million mt, indicating a decrease of 290,000 mt or 0.4 percent on week-on-week basis, as announced by China's Xinhua News Agency. As of May 7, the Xinhua-China ...
Tags: Iron Ore Inventory, Mineral
Swedish-based iron ore producer LKAB has issued its financial results for the first quarter of 2013, stating that its target for a 35 percent increase in planned deliveries by 2015 remains unchanged. The licensing process for the Mertainen ...
Tags: Net Profit, Mineral
According to the latest report published by Brazil's National Union of the Industry of Extraction of Iron and Base Metals (Sinferbase), in 2012 Brazilian iron ore output amounted to 375 million mt, increasing 0.5 percent compared to the 373 ...
Tags: Iron Ore Export, Mineral
China Steel Corp. (CSC), the largest carbon steelmaker in Taiwan announced to leave its list prices for electric furnace (EF) Al-killed wire rods unchanged for May. After the announcement, the company's list prices for EF Al-killed wire ...
Tags: steel, Metallurgy, Mineral, Energy
The sharemarket notched up its biggest gain for five weeks yesterday as the banks led broad-based gains thanks to lower-than-expected domestic inflation data and stronger offshore markets. The consumer price index rose 0.4 per cent in the ...
Tags: Renewed, Interest Rate
As of April 22, inventory of iron ore at 25 major Chinese ports amounted to 71.10 million mt, indicating a rise of 0.57 million mt or 0.81 percent on week on week basis, as announced by China's Xinhua News Agency. As of April 22, the ...
SHARES climbed yesterday following a rally in Japanese stocks and as some analysts saw potential for the Reserve Bank to cut interest rates next month. The benchmark S&P/ASX 200 closed up 0.7 per cent at a two-day high of 4966.6. The ...
Tags: economy
Australian iron ore miner Atlas Iron has announced it shipped a record 1.86 million wet metric tons of iron ore in the quarter ended on March 31, up 54 percent compared to the same quarter of 2012. Accordingly, Atlas remains on track to ...
Tags: Atlas Iron, Shipping Guidance
As of April 15, inventory of iron ore at 25 major Chinese ports amounted to 70.53 million mt, indicating a decrease of 2.45 million mt or 3.36 percent on week-on-week basis, as announced by China's Xinhua News Agency. As of April 15, the ...
Tags: Iron Ore Inventory, Mineral
As of April 8, inventory of iron ore at 25 major Chinese ports amounted to 72.98 million mt, indicating a very slight decrease of 230,000 mt or 0.01 percent on week-on-week basis, as announced by China’s Xinhua News Agency. As ...
Tags: Iron Ore, Chinese Ports
According to the market outlook released by IREPAS, the global association of producers and exporters of long steel products, demand in the global long steel products market has not indicated the long-awaited increase yet, and is still at ...
Tags: IREPAS, long steel products, Mineral
Brazilian steelmaker Companhia Siderurgica Nacional (CSN)’s mining division announced that its sales revenues totaled BRL1.3 billion in the fourth quarter of 2012, soaring by 39% from a quarter ago. In 2012, CSN’s mining ...
Tags: steel, steelmaker, mining
The 30 percent Minerals Resources Rent Tax (MRRT) in Australia requiring mining companies to pay tax when their annual profits reach $75 million, a measure designed so as not to burden small businesses, raised only A$126 million in the ...
Tags: Australia, Mining Tax, Metallurgy