Brazilian iron ore miner Samarco may be out of iron ore pellets within three weeks following a fatal tailings dam collapse last week, a source familiar with the company said Monday. An indefinite stoppage could affect global pellet ...
Tags: Samarco, iron ore miner, coals
Australian miner BHP Billiton has announced its production results for the third quarter and the first nine months ended March 31, 2014, lifting its iron ore production guidance for the financial year 2013-14 by five million mt to 217 ...
Tags: Iron Ore, BHP Billiton
Norway-focused iron ore miner Northern Iron said Tuesday concentrate produced at Sydvaranger was being trialed at further sinter plants in Europe, after inaugural cargoes were bought by ArcelorMital and ThyssenKrupp in 2013. Northern Iron ...
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
Iron ore blast furnace pellet premiums rose further in March as some steelmakers were said to have agreed quarterly pricing for Q1 around the low $40s/dry mt, and leave open the opportunity to renegotiate for lower pricing later this year. ...
Tags: Iron Ore, Pellet premiums
Russia-based leading global iron ore and hot briquetted iron (HBI) producer Metalloinvest has announced that its integrated iron and steel plant Ural Steel saw its crude steel production in the fourth quarter last year decrease by 7.6 ...
Tags: Crude Steel, Ural Steel, Mineral
Indian steelmaker Tata Steel has announced its sales results for the third quarter and the first nine months ended December 31 of the financial year 2013-14. The total domestic sales of Tata Steel in the third quarter increased by 9.5 ...
Tags: Tata Steel, sales result, domestic sales, increase, crude steel, output
As per its financial results according to international financial reporting standards (IFRS) for the third quarter of the current year, Russia-based leading global iron ore and hot briquetted iron (HBI) producer Metalloinvest saw its net ...
Tags: iron, metallurgy, profit
Latgran is planning to invest €15m in the construction of a pellet plant in the north Latvian location of Gulbene. The plant, which is to have an annual production capacity of 170,000t of industrial pellets, is to go into production in ...
Tags: Pellet Plant, Construction
West Chester, Ohio-based AK Steel announced Monday that Magnetation LLC, its joint venture with Magnetation, Inc., has successfully completed a $325 million senior secured note offering and has entered into a $50 million senior secured ...
Tags: AK Steel, Iron Ore, Magnetation
Cleveland, Ohio-based Cliffs Natural Resources reported late Wednesday Q1 2013 net income of $97 million, down significantly from $376 million in Q1 2012. Consolidated sales margin decreased 18 percent in Q1 to $238 million, from $292 ...
The commissioning originally scheduled for the autumn of 2014 of the industrial-timber complex planned by the French company Erscia France at its site in Sardy-lès-épiry has been delayed. According to a report in the French ...
Tags: sawmill company, sawmill, Pellet Plant
Cliffs Natural Resources said Monday that it expects to idle its Wabush Pointe Noire pellet plant within the city of Sept-Iles in Quebec by the end of Q2 2013. The company indicated that its decision to idle its iron ore pellet operation is ...
Toronto-listed miner Northland Resources has announced that its first iron ore shipment left the Port of Narvik, Stockholm, Sweden on February 25. Northland's first shipment of approximately 55,000 mt of high grade iron ore concentrate ...
Essar Steel Minnesota LLC (ESML) announced Monday that it has entered into a long term iron ore pellet off-take agreement with ArcelorMittal USA. The term of the agreement is 10 years and the supply of pellets is expected to commence during ...
Tags: Essar Steel, Iron Ore, Mineral