The Indian government has been caught between the conflicting demands of iron ore miners and steel producers regarding the recently imposed five percent export duty on iron ore pellets, a government official said on Wednesday, March 5. As ...
Tags: Iron Ore, Export Duty
According to report, international steel trader and stockholder Stemcor may seek to sell its service center units in Spain and Portugal. The company will keep maintaining its stockholding units in Germany. Its south European stockholding ...
Tags: Stemcor, South Europe, stockholding, unit
It’s reported that Indian steel giant Tata Steel is interested in iron ore assets of one UK’s largest steel trading company, Stemcor. The company asks for banks’ rescue of more than US$1 billion loans as it was ...
Tags: Tata steel, Iron Ore
India-based steelmaker Jindal Steel and Power (JSPL) is reportedly in talks with London-based Stemcor, one of the world's largest independent steel traders, to buy Brahmani River Pellets (BRPL), Stemcor's pellet unit in the Indian state of ...
Tags: Jindal Steel, Mineral
Reportedly, London-based Stemcor has announced that its trading unit WSK Stahlhandels in Germany, an importer of steel pipe products, will be dissolved and closed on June 30, 2013 - effect from close of business of the day. The closure ...
Tags: Pipe Trading Unit, Mineral
A string of footballers and other celebrities have been accused of using an extravagant data centre construction scheme in a bid to avoid tax. The data centres, on the Cobalt business park just outside Newcastle, are completely empty two ...
Tags: Computer Products, software
London-based Stemcor, the world's largest independent steel trader, has hired Simon Freakley as chief restructuring officer, within the scope of negotiations with banks on more than $1 billion of debt, according to Bloomberg. Stemcor will ...
Tags: UK, economics, trading, European Union, Istanbul
London-based Stemcor, the world's largest independent steel trader, will meet banks next week to outline proposals to repay its lenders, Reuters has reported. The steel trader requested a standstill agreement after failing to refinance its ...
Tags: UK, economics, trading, European Union, Istanbul|
Lenders to London-based Stemcor, the world's largest independent steel trader, have appointed PricewaterhouseCoopers (PwC) to assess Stemcor's proposal for a standstill agreement on $850 million of loans, according to Reuters. After ...
Tags: Mineral, Standstill Deal Request
During the International Steel Trade Day organized by STSG-Eurometal in Milan on April 4, SteelOrbis interviewed Ralph Oppenheimer, chairman of Stemcor and STSG (Eurometal's Steel Trade Study Group), seeking his views on how the problem of ...
Sweden-based mining and exploration company Dannemora Mineral has issued its financial results for the fourth quarter and the full year 2012. In the fourth quarter, the company registered a net loss of SEK 104.4 million ($1.65 million), ...
Sweden-based mining and exploration company Dannemora Mineral has announced its operational results for 2012 and the outlook for 2013. In 2012,Dannemora produced 939,000 mt of crude iron ore,including 492,000 mt of crude iron ore in the ...
Tags: Dannemora Mineral, iron ore production to reach full capacity
Stemcor, the world's largest independent steel trader, has signed a long-term handling and storage agreement with logistics partner Katoen Natie in Antwerp, Belgium. The intention is to consolidate stocks of steel plate into a purpose-built ...
Tags: Stemcor, steel trader, plate stocks
PTI reported that the National Green Tribunal has issued notices to the Centre and Odisha on a plea alleging that iron ore refining company Brahmani River Pellets Ltd, promoted by UK based Stemcor Group, is drawing water from river ...
Tags: National Green Tribunal, India, Brahmani River Pelle, river use