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Iron Ore Majors Must Cut 'like It's 1994' to Halt Further Price Drop: Investec

Dec 16, 2015

Major iron ore producers will have to cut production like aluminum producers did in 1994 to halt the current slump in spot prices, investment bank Investec said in a note Tuesday. "In our view if iron ore prices prevail at current levels ...

Tags: iron ore, aluminum

China Plans to Import More Iron Ore From Companhia Vale

Feb 17, 2015

New rules to facilitate entry of bulk carriers at the nation's ports China is likely to import more iron ore from Companhia Vale do Rio Doce, the Brazilian mining giant, to bolster its raw material reserves, after the Ministry of ...

Tags: Iron Ore, Mineral

BHP Billiton Embarked on a Rapid Production Capacity Expansion Program

Jan 8, 2015

December is normally associated with celebrating achievements and chalking out action plans for the year ahead. But for Andrew Mackenzie, the chief executive officer of mining giant BHP Billiton Ltd, December was the culmination of an ...

Tags: BHP Billiton, Miner

SHFE Copper Prices Climbed on Wednesday, The Last Trading Day of 2014

Jan 5, 2015

Shanghai Futures Exchange (SHFE) copper prices climbed on Wednesday, the last trading day of 2014. The market closed on January 1 and 2 due to the New Year holidays. The most-traded copper contract for March delivery on the SHFE ended at ...

Tags: Copper Prices, Copper

Anglo American Corporation's First Cargo of Iron Ore Left Export Terminal at Port of Au

Oct 28, 2014

UK-based mining giant Anglo American Corporation has announced that its first cargo of more than 80,000 mt of iron ore from its Minas-Rio iron ore project in Brazil has left the export terminal at the port of Au in Rio de Janeiro and is ...

Tags: Anglo American, Iron Ore, Energy

Evraz Has Announced The Signing an Agreement to Sell 34 Percent of The Issued Share

Aug 18, 2014

Russia-based steelmaking and mining giant Evraz has announced the signing an agreement to sell 34 percent of the issued share capital of its South African subsidiary Evraz Highveld Steel and Vanadium (Highveld) to Macrovest 147 Proprietary ...

Tags: Evraz, Metallurgy, Mineral

Evraz Group S.A. Has Announced That Its Crude Steel Output in The Second Quarter

Aug 13, 2014

Global steelmaking and mining giant Evraz Group S.A. has announced that its crude steel output in the second quarter of the current year increased by 1.1 percent quarter on quarter but decreased by 4.2 percent compared to the same quarter ...

Tags: crude steel, Evraz Group, Metallurgy, Mineral

Anglo American Corporation Announced Its Production Results

Aug 12, 2014

UK-based mining giant Anglo American Corporation has announced its production results for the second quarter of the current year. In the given quarter, iron ore production from Kumba Iron Ore increased by two percent year on year to 11.5 ...

Tags: UK, Iron Ore, Metallurgy, Mineral

Evraz Highveld's Financial Results for Q1 Posting a Net Loss of ZAR 105 Million

May 29, 2014

Evraz Highveld Steel and Vanadium, South African subsidiary of Russia-based steelmaking and mining giant Evraz, has announced its financial results for the first quarter this year, posting a net loss of ZAR 105 million ($10 million), ...

Tags: Steel, Highveld Steel

Anglo American Corporation Has Announced Its Production Results for Q1 of The Current Year

Apr 25, 2014

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:Signing and Closing of The Sale of Its Wholly-Owned Subsidiary EVS

Apr 8, 2014

Global steelmaking and mining giant Evraz Group S.A. has announced the signing and closing of the sale of its wholly-owned subsidiary Evraz Vitkovice Steel (EVS) to a group of private investors (Martinley Holdings Limited, Nabara Holdings ...

Tags: Steel, Metallurgy, Mineral

Evraz Has Started at The Construction Site of The Coal Dust Injection Utility at ZSMK

Apr 2, 2014

Global steelmaking and mining giant Evraz Group S.A. has stated that pre-commissioning has started at the construction site of the coal dust injection utility for the West-Siberian Metallurgical Plant of Evraz (EVRAZ ZSMK). The company ...

Tags: Metallurgy, Mineral, Steel

Evraz Registers Crude Steel Output Increase 1.1 Percent for 2013

Jan 21, 2014

Global steelmaking and mining giant Evraz Group S.A. has announced that its crude steel output amounted to 3.989 million mt in the fourth quarter of 2013, up 0.7 percent quarter on quarter. In the fourth quarter last year, the crude steel ...

Tags: steelmaking, mining giant

Ongoing Urbanization Will Still Strongly Support Demand for Iron Ore and Steel Products

Jan 20, 2014

ZHANG CHENGLIANG/CHINA DAILY Although China's economic growth is slowing down, ongoing urbanization will still strongly support demand for iron ore and steel products for a long time. "We have confidence in China's iron ore demand because ...

Tags: Iron Ore, Steel

Australia's Giant Resources Sector Is Surging Into a 2-Horse Race Between Iron Ore & Coal

Jan 16, 2014

They said the party was over, but Australia's giant resources sector is surging into a two-horse race between iron ore and coal, with the latest numbers revealing that there is still fire in the belly of the boom, thanks mainly to sustained ...

Tags: coal industry, Mineral

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