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iron ore price news
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Immediate Resolution to What The Mining Lobby Terms Legal Iron Ore Operations
Dec 14, 2012O' Herald reported that far away from Goa where there is massive popular support for the halt of rampant illegal mining by the Supreme Court in the aftermath of the Shah Commission Report and in an apparent bid to sway the opinion of New ...
Tags: iron ore price news, goa india, mining, iron
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65 Key Steel Mills Reverse The Deficit of 721 Million Yuan Seen in September
Dec 14, 2012According to Hebei Metallurgy Industry Association, the profit of 65 key steel mills aggregated CNY 1.358 billion reversing the deficit of 721 million yuan seen in September, owing to warming steel market. Data show that the total profit ...
Tags: buy steel pipe, steel scrap price, iron ore price news, steel wire
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Shanghai Steel Futures Jumped 1.6% on Monday,Snapping a Week Long Fall
Dec 14, 2012Reuters reported that shanghai steel futures jumped 1.6% on Monday, snapping a week long fall, following more evidence that China's economy is on the mend The most briskly traded rebar contract for May delivery on the Shanghai Futures ...
Tags: steel scrap price, stainless steel, buy steel pipe, iron ore price news
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Inevitable Came to The Fore with The Iron Ore Price Losing 1%
Dec 14, 2012The inevitable came to the fore with the iron ore price losing 1%. Over a week long silence was broken on expected lines. Mills withdrew from buying remaining contended with need based buying from stocks. Tenders continued at lower levels ...
Tags: iron ore price news, steel scrap price, stainless steel
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Caofeidian Port Is Now Earning a Growing Reputation
Dec 14, 2012Caofeidian Port is now earning a growing reputation as one of China's key coal transfer ports by accelerating construction and upgrading of relevant facilities, industry sources said. Facility construction or expansion projects to boost ...
Tags: coal, coal mining news, iron ore price news, buy steel pipe
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GF Automotive Will Enlarge Iron and Aluminum Die Casting Foundries in China and Europe
Dec 14, 2012GF Automotive, a Corporate Group of Georg Fischer will further enlarge its existing plants in China and focus in Europe on its iron and aluminum die casting foundries. The aluminum sand casting business with two foundries in Friedrichshafen ...
Tags: iron ore price news, aluminum casting, casting mold, sand casting
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The Cameroon Mr Paul Biya Has Granted Audience to an Indian Business Magnet
Dec 14, 2012The president of the Cameroon Mr Paul Biya has granted audience to an Indian business magnet Mr Naveen Jindal CMD of of Jindal Steel and Power Limited. Mr Jidnal was heading a delegation of three in Cameroon to express readiness to invest ...
Tags: cameroon news, iron ore price news, steel pipes, mtn cameroon
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JSW Steel Ltd Is Facing Its First Annual Drop in Output in at Least 10 Years
Dec 14, 2012Two people familiar with the matter said that JSW Steel Ltd is facing its first annual drop in output in at least 10 years because of a shortage of iron ore at its biggest mill. The people said that production at the Vijayanagar plant in ...
Tags: iron ore price news, steel scrap price, steel supplies
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MMX Led The Brazilian Bovespa Index After Saying It Will Sell BRL 1.37 Billion
Dec 14, 2012Bloomberg reported that MMX Mineracao & Metalicos SA, the mining company controlled by billionaire Mr Eike Batista, led the Brazilian Bovespa index after saying it will sell BRL 1.37 billion of new shares, reducing funding concerns for its ...
Tags: iron ore price news, gold shares, stock market prices, stock and shares
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Lucchini Announced That Piombino BF Will Be Idled for One Month
Dec 14, 2012The administrators of debt-stricken Italian steel producer Lucchini have announced that, starting from December 11, the Piombino-based blast furnace operated by the company will be idled for one month, i.e., until January 11. The shutdown ...
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The Effective Date of The Management Integration Is January 1, 2013
Dec 14, 2012JFE Holdings Inc and IHI Corporation announced that the effective date of the management integration of their respective subsidiaries Universal Shipbuilding Corporation and IHI Marine United Inc. is January 1, 2013, as announced tentatively ...
Tags: iron ore price news, steel construction, steel market prices
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China's Commitment Should Give The Global Copper Market a Healthy Boost
Dec 14, 2012Mr Thomas Keller CEO of Corporación Nacional del Cobre de Chile said that China's commitment to urbanization and industrialization should give the global copper market a healthy boost in the coming years. Mr Keller said that ...
Tags: copper market, iron ore price news, copper tube sizes, copper scrap
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Metinvest Exported Finance Facility,Used for General Corporate Purposes
Dec 13, 2012Ukraine-based vertically integrated mining and steel group Metinvest has announced that it has secured a USD 300 million 3 year pre export finance facility. The interest margin is 5.25% per annum over the LIBOR rate while there is a grace ...
Tags: iron ore price news, finance loan, steel construction, steel group
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The Term of This Agreement Is for 5 Years Commencing on 14th November 2012
Dec 13, 2012Teknomining Plc announced that through its wholly owned subsidiary Teknomining Madencilik Insaat Turizm Ithalat Ihracat Sanayi Ve Ticaret Ltd Sti, it has signed a Mining Royalty Agreement with Teysel Insaat Nakliyat Taahhut Ticaret Ltd to ...
Tags: mining, iron ore price news, copper ore mining, royalty interests
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Brazilian Iron Ore Exports Totaled USD 2.64 Billion in November
Dec 13, 2012According to foreign trade department Secex, Brazilian iron ore exports totaled USD 2.64 billion in November, with daily average shipment figures down 28.2% YoY. The country exported 32.6 million tonne of iron ore in November from 32.7 ...
Tags: iron ore price news, steel scrap price, scrap metal, iron ore