EUROPEAN MORNING BRIEF 16/01: Rio Tinto Q4 production results; ...Mon, 15 Jan 2018 21:19:00 GMT
The Brazilian steel institute, Ao Brasil, was surprised when the countrys finance ministry accepted that the adoption of anti-dumping tariffs against imports of hot-rolled coil (HRC) from China and Russia would be detrimental to the ...
China zinc output falls 1.5 % in 2017 - AntaikeSun, 14 Jan 2018 23:13:00 GMT
December output fell by 25,000 tonnes from November to 402,000 tonnes on the back of environmental checks in Hunan province and seasonal maintenance at smelters elsewhere. Market is confused about post-winter consumption outlook in China but historically ...
Rio, BHP output boosts payout hopesSun, 14 Jan 2018 18:20:00 GMT
Also providing the prospect of better returns at BHP are its stake in the Samarco iron ore mine in Brazil, which has been mothballed since November 2015, when 19 people died after a tailings dam collapse. While BHP is hosing down talk it wants to sell its ...
Redcliff to spend $300 000 on Zisco Road rehabSun, 14 Jan 2018 18:07:00 GMT
It is also our busiest road, he said. The rehabilitation project is part of measures being put in place to improve service delivery ahead of the resumption of production at the giant steel works, Zisco. Government has since reached a deal with a Chinese ...
BHP puts $US1b price tag on Samarco stakeSun, 14 Jan 2018 08:45:00 GMT
BHP is asking Vale SA to pay about $US1 billion ($1.3 billion) for its 50 per cent stake in the Samarco iron ore joint venture, people familiar with the matter said. The valuation includes the provision that BHP would continue to assume its share of the ...
Reform will be nation's watchword this yearSat, 13 Jan 2018 17:43:00 GMT
When he addressed the BRICS Business Summit in Xiamen, Fujian province, in September ... Last year, China achieved its target of slashing steel production capacity by around 50 million metric tons and reducing coal production capacity by at least 150 ...
Steel prices drop in top producer as bulls suffer setbackSat, 13 Jan 2018 12:48:00 GMT
A worker walks past a pile of steel pipes at the yard of Youfa plant in Tangshan in Chinas Hebei province. Steel prices in China are coming back down to earth, fast. Reinforcement bar, a benchmark product thats used in construction, sank to the ...
Renewable energy: Green solutions that use toxic heavy metals ...Sat, 13 Jan 2018 05:44:00 GMT
The inner-Mongolian city of Baotou is an extreme example of the problems of rare ... the Queensland Resources Council estimates about 220 tonnes of coal are needed to create the steel to build a turbine capable of generating 1 megawatt.
BRAZIL: CSN Raises Steel Price For Distribution By Around 12%Thu, 11 Jan 2018 13:46:00 GMT
Steelmakers are under pressure of rising raw material costs, such as iron ore, and the stronger prices of steel in China. There was an expectation at the end of last year that steel prices would fall, but they are holding up, and there are already those ...
FOCUS Coal dwarfs battery metals in mining deals despite war ...Tue, 09 Jan 2018 06:11:00 GMT
A Chinese miner works at a coal mine in the suburb of Tangshan, China's Hebei province December 9 ... China was a top player despite planning to reduce domestic coal and steel-making to tackle smog in its cities. Elsewhere, miners haunted by the overpriced ...
Tangshan ends last weeks second level pollution alert ReportTue, 09 Jan 2018 06:04:00 GMT
Reuters - reported that Chinas top steelmaking city of Tangshan on Tuesday put an end to emergency measures that were introduced to cope with heavy air pollution. The steel hub had issued a second-level pollution alert from Thursday, ordering steel mills ...
Europe's Antwerp championing steel, forestry volumesTue, 09 Jan 2018 01:44:00 GMT
Antwerps Wim Dillen said the gap left by a decrease in steel shipments from China has been more than filled by other countries, notably South Korea, India, Turkey and Brazil. At the same time, the port has seen higher steel exports most going to ...
Chinese aluminium markets reform gainsMon, 08 Jan 2018 22:50:00 GMT
At the beginning of this year, the Chinese environmental authority said it would cut 30% of operational aluminium smelting and alumina refining capacity in two municipalities and 26 cities in Shandong, Henan, Shanxi and Hebei provinces as part of a plan to ...
China's steel hub Tangshan ends pollution alert: local governmentMon, 08 Jan 2018 17:33:00 GMT
SHANGHAI Reuters - Chinas top steelmaking city of Tangshan on Tuesday put an end to emergency measures that were introduced to cope with heavy air pollution. The steel hub issued a second-level pollution alert from Thursday, ordering steel mills to ...
Australia paints dire picture of iron ore prices in 2018 forecasting ...Mon, 08 Jan 2018 08:28:00 GMT
Ageing steel plants are likely to be either shuttered or modernised, resulting in lower demand, all in the face of rising production from both Australia and Brazil.
Australia forecasts 20 percent iron ore price drop in 2018 as ...Mon, 08 Jan 2018 05:36:01 GMT
Australia on Monday said it expects iron ore prices to average $51.50 a tonne this year, down 20 percent from 2017, because of rising global supply and moderating demand from top importer China as its steel sector shrinks. The government projection is out of step with some private forecasts, with UBS and Citi calling for iron ore prices to average around $64 a tonne in 2018 - flat on 2017's $64.30 - with the market proving suprisingly resilient. Spot iron ore, currently around $75 a tonne , last traded below $52 in June 2017, but Department of Industry, Innovation and Science resource and energy analyst David Thurtell pointed to an expected contraction in China's steel industry.
USITC keeps anti dumping duties on pipes from Brazil, India ...Sun, 07 Jan 2018 21:16:00 GMT
The US International Trade Commission (USITC) has determined that revoking the existing countervailing and antidumping duty orders on imports of circular welded pipe and tube from Brazil, India, Korea, Mexico, Taiwan, Thailand, and Turkey would be likely ...
Resources export earnings to dip after $214b record in 2017-18Sun, 07 Jan 2018 05:55:00 GMT
Continued moderation in Chinese steel production, coupled with increased supplies from both Australia and Brazil, are expected to weigh further on iron ore prices over the next two years, he said. Coal prices both thermal and metallurgical are ...
Global Steel Cord Market by Manufacturers, Types, Regions and ...Sun, 07 Jan 2018 01:41:00 GMT
Shandong Snton Steel Cord, Bridgestone, Shougang Century, Tokusen, Tokyo Rope Mfg, Hubei Fuxing New Material, Bmz, Henan Hengxing, Junma Tyre Cord, Sumitomo Electric Industries, Sodetal and others. Purchase a copy of this report at: https ...
Coal dwarfs battery metals in mining deals despite war on pollutionFri, 05 Jan 2018 13:12:00 GMT
While the biggest deal was in Brazil, China was a top player despite planning to reduce domestic coal and steel-making to tackle smog in its cities. Elsewhere, miners haunted by the overpriced mega-purchases they made before the commodities crash of 2015 ...
Number of news reports: 20