Brazil Steel Industry News

BHP Unlikely to Re-bid for Rio, Credit Suisse Says (Update1) (Bloomberg)
Fri 20 Nov 2009 1:01pm
Nov. 20 (Bloomberg) -- BHP Billiton Ltd. is unlikely to re- bid for Rio Tinto Group , after abandoning an offer a year ago, because of regulatory hurdles, as well as a lack of credit......


Ore prices not so iron-clad (The Age)
Fri 20 Nov 2009 2:11am
A bonanza in new iron ore mining projects may herald lower prices, a leading analyst says....


Steel plant outage resulted in sewage into St. Mary's (The Sudbury Star)
Thu 19 Nov 2009 7:57pm
SAULT STE. MARIE Ontario's Ministry of the Environment is investigating the power outage at Essar Steel Algoma this week that resulted in untreated wastewater flowing into the St. ......


Brazil Stocks Fall on Tax Concern, Commodity Drop; Real Drops (Bloomberg)
Thu 19 Nov 2009 3:31pm
Nov. 19 (Bloomberg) -- Brazilian stocks fell for a second day after a new tax on domestic assets raised concern the government may further expand taxes on foreign purchases of equity......


Chinese steel production may overtake demand (Brisbane Times)
Thu 19 Nov 2009 1:39pm
STEEL production in China, the world's largest maker and consumer, may outpace demand growth this year, spurring exports in the last two months, the country's Iron & Steel Associatio......


Chinese Steel Output to Exceed Demand, Spur Exports, CISA Says (Bloomberg)
Thu 19 Nov 2009 10:21am
Nov. 19 (Bloomberg) -- Steel production in China, the worlds largest maker and consumer, may outpace demand growth this year, spurring exports in the last two months, the China Iron......


Fortescue Says Asia, Europe Ore Demand Climbing Off Bottom (Bloomberg)
Thu 19 Nov 2009 10:14am
Nov. 19 (Bloomberg) -- Fortescue Metals Group Ltd. , Australias third-biggest iron ore producer, said demand for the steelmaking ingredient is increasing in Asia and Europe as the g......


Gerdau Will Seek to End Canada Steel Workers Strike (Update1) (Bloomberg)
Wed 18 Nov 2009 8:04pm
Nov. 18 (Bloomberg) -- Gerdau SA , Latin Americas biggest steelmaker, called a meeting with United Steelworkers Union officials on Dec. 2 in a bid to end a six-month strike at its s......


Murchison Metals Limited (ASX:MMX) Subsidiary Crosslands Targets 25-35 MTPA Iron O...
Wed 18 Nov 2009 10:55am
Murchison Metals Limited (ASX:MMX) Subsidiary Crosslands Targets 25-35 MTPA Iron Ore Operations At Jack Hills...


Vale pushes for ore price talks (Perth Now)
Tue 17 Nov 2009 11:34pm
BRAZILIAN miner Vale wants to start annual benchmark negotiations for 2010-2011 iron ore prices this month....


Vale says wants to start iron ore talks end-Nov (Reuters via Yahoo! Philippines News)
Tue 17 Nov 2009 3:32pm
LONDON, Nov 17 (Reuters) - Brazilian iron ore miner Vale said on Tuesday it wanted to start next year's benchmark iron ore negotiations by the end of this month....


Brazil's Vale says building 16 iron ore carriers (Reuters via Yahoo! Philippines N...
Tue 17 Nov 2009 3:24pm
LONDON, Nov 17 (Reuters) - Brazilian iron ore miner Vale said on Tuesday that it was building 16 vessels with a capacity of 400,000 tonnes each to carry iron ore between Brazil and A......