Steelmaking raw material news - iron ore, coal, coke, DRI.
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Steel Raw Material News

Ore, coal, coke, pig iron supply and ferrous scrap news


Alliance Resource Partners, L.P. Reports Record Annual Operating ...
Wed, 28 Jan 2015 12:00:00 GMT
Alliance Resource Partners, L.P. today reported record operating and financial results for the fourteenth consecutive year, as it set new annual benchmarks for coal sales and production volumes, revenues, net income and EBITDA for the year ended December 31, 2014 .
http://uk.finance.yahoo.com/news/alliance-partners-l-p-reports-120000039.html


Anglo American flags likely charges after slump in commodity prices
Wed, 28 Jan 2015 10:47:20 GMT
Anglo American Plc (LSE: AAL.L - news) has warned it will likely take a charge on last year's results, becoming the first major mining group to explicitly acknowledge the impact of recent falls in prices of iron ore, coal and other commodities. The company, which also posted annual production slightly ahead of guidance for key commodities, said it expected to take certain one-off non-cash ...
http://uk.finance.yahoo.com/news/anglo-american-hits-output-targets-075551511.html


Metalloinvest ups iron ore output 1% in 2014 (Part 2)
Wed, 28 Jan 2015 04:30:00 GMT
In 2014, the region's share in total shipments increased to 4% from 3% due to an increase in supply to Erdemir (Turkey). Metalloinvest includes miners Mikhailovsky GOK and Lebedinsky GOK, the Oskol Electrometallurgical Plant and Urals Steel. Its main ...
http://www.bing.com/news/apiclick.aspx?ref=FexRss&aid=&tid=53344ff3f103416f81e33bf9df472ab2&url=http://www.interfax.com/newsinf.asp%3Fid%3D567636&c=u3JLzVHTrnyOkgSSqlJcTvPc3fmOnh_Iw9jmSO4EDhE&mkt=en-gb


US Steelmakers Take Hit From Drilling Cutbacks - Wall Street Journal
Tue, 27 Jan 2015 23:49:48 GMT
PITTSBURGHAfter a robust year, highlighted by U.S. Steel Corp. 's first annual profit since 2008, the steel industry is facing an unexpected menace in tumbling oil prices, which have forced production cutbacks and even pressured prices for automotive ...
http://www.wsj.com/articles/u-s-steelmakers-take-hit-from-drilling-cutbacks-1422402564


Walter Energy Suspends Dividend
Tue, 27 Jan 2015 21:10:09 GMT
Walter Energy, Inc. , a leading, publicly traded 'pure play' producer of metallurgical coal for the global steel industry, has suspended its quarterly dividend on its common stock to enhance ...
http://finance.yahoo.com/news/walter-energy-suspends-dividend-211009008.html


U.S. miner Cliffs seeks creditor protection in Canada
Tue, 27 Jan 2015 19:09:16 GMT
Iron ore and coal miner Cliffs Natural Resources Inc has become the third major U.S. company in the past six months to seek creditor protection for its Canadian arm to try to isolate losses and protect shareholders. The miner said Bloom Lake General Partner Ltd and some of its affiliates, including Cliffs Quebec Iron Mining, commenced restructuring proceedings in Montreal on Tuesday. The move ...
http://uk.finance.yahoo.com/news/u-miner-cliffs-seeks-creditor-190916149.html


Iron ore slump threatens Bradken deal - Business Spectator
Tue, 27 Jan 2015 14:31:38 GMT
The continuing slide in the iron ore price is casting further doubt that Bradken will be swallowed in a $872 million takeover by Bain Capital and Pacific Equity Partners. Some analysts are now advising investors to sell out of the stock, arguing an ...
http://www.businessspectator.com.au/news/2015/1/28/mergers-acquisitions/iron-ore-slump-threatens-bradken-deal


Rio Tinto 2014 Operations Review: Sharp Rise In Iron Ore Production ...
Tue, 27 Jan 2015 14:15:11 GMT
International mining company Rio Tinto (NYSE: RIO) recently reported its operational performance for the final quarter of 2014 as well as the full fiscal year 2014. Rio Tinto's iron ore production in 2014 accounted for 79% of global iron ore output and ...
http://seekingalpha.com/article/2853316-rio-tinto-2014-operations-review-sharp-rise-in-iron-ore-production-volumes


Arrium iron ore mine closure is just the beginning, says Citi - Sydney ...
Tue, 27 Jan 2015 13:07:23 GMT
More iron ore mines will shut before the end of 2015, according to the analysts at Citi, who believe the closures announced by Arrium Limited last week are just the beginning. Arrium's decision to mothball about 40 per cent of its iron ore production ...
http://www.smh.com.au/business/arrium-iron-ore-mine-closure-is-just-the-beginning-says-citi-20150127-12z9w9.html


Iron ore hits 5-1/2 year low on slowing China demand
Tue, 27 Jan 2015 13:06:54 GMT
Spot iron ore fell to a fresh 5-1/2 year low on Tuesday, on further evidence Chinese steel mills are cutting output, curbing demand for the raw material, and as low-cost producers increased output. China ...
http://uk.finance.yahoo.com/news/iron-ore-hits-5-1-130654978.html


Fortescue shares dive by 10 per cent as iron ore price plunges to ...
Tue, 27 Jan 2015 03:17:01 GMT
Shares in iron ore miner Fortescue Metals plunged 10 per cent on Tuesday morning, pushing the stock to its lowest point since early 2009. The drop in the share price has also wiped $3.3 billion off the value of the stake held by company founder Andrew ...
http://www.smh.com.au/business/mining-and-resources/fortescue-shares-dive-by-10-per-cent-as-iron-ore-price-plunges-to-fiveyear-low-20150127-12yvp5.html


Mine-related information to be made available
Tue, 27 Jan 2015 02:18:00 GMT
He expressed the hope that by the end of the next year the chain of steel production in the country will have got out of the present status and within the frameworks of 2025 vision plan projects will make the required progress. According to the mentioned ...
http://www.bing.com/news/apiclick.aspx?ref=FexRss&aid=&tid=c5bd3c1da5334b03b2858d898ad3bb0a&url=http://www.zawya.com/story/Iran_to_make_available_minerelated_information_to_investors-ZAWYA20150126084556/&c=TBgn8WNi4tqU1pgMQkK5ScA55z1UAkMz52H-38hCcHQ&mkt=en-gb


Mine-related information to be made available
Tue, 27 Jan 2015 02:18:00 GMT
He expressed the hope that by the end of the next year the chain of steel production in the country will have got out of the present status and within the frameworks of 2025 vision plan projects will make the required progress. According to the mentioned ...
http://www.bing.com/news/apiclick.aspx?ref=FexRss&aid=&tid=529ceded6d2c4138839b8c11d2323911&url=http://www.zawya.com/story/Iran_to_make_available_minerelated_information_to_investors-ZAWYA20150126084556/&c=TBgn8WNi4tqU1pgMQkK5ScA55z1UAkMz52H-38hCcHQ&mkt=en-gb


Australian shares rise despite iron ore slide - ABC Online
Tue, 27 Jan 2015 01:26:43 GMT
Most sectors were rising, but resources firms were a notable exception after iron ore prices slumped again yesterday. The Chinese Qingdao benchmark fell nearly 4 per cent on Monday to $US63.54 a tonne, with the price at the port of Tianjin even lower ...
http://www.abc.net.au/news/2015-01-27/australian-shares-rise-despite-iron-ore-slide/6048682


Buzz-australia's Iron Ore Miners Slump Despite China Mills Curbing ...
Tue, 27 Jan 2015 00:55:33 GMT
** Shares of iron ore miners BHP Billiton Ltd, Rio Tinto, Fortescue Metals Group down 2 pct, 1.3 pct and 6 pct respectively ** Iron ore prices hit their lowest in 5-1/2 years on Monday, as some loss-making ...
http://uk.finance.yahoo.com/news/buzz-australias-iron-ore-miners-005533487.html


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