Steel Raw Material News [more headlines]

Arcelormittal : Now Online: Arcelormittal In Germany And Luxembourg
Mon, 17 Jun 2013 09:57:22 +0100
3d ago DJ LAKSHMI MITTAL: ArcelorMittal Appoints Bill Scotting As Head Of Iron Ore Mining.. 3d ago ARCELORMITTAL: Bill Scotting appointed as chief executive of ArcelorMittal Mini..


Is China Backtracking On Attempts To Control Iron Ore: Clyde ...
Mon, 17 Jun 2013 06:45:17 +0100
It may be too early to start beating the drums of victory for free-market capitalism, but there are signs that China is stepping back from attempts to control the iron ore market. Just three months after ...


China adopts measures to combat air pollution
Mon, 17 Jun 2013 01:15:47 +0100
Reforms a response to concerns over industrial pollution and risk of more protests leading to undermining of social order


Pellet agreement extended
Sun, 16 Jun 2013 12:08:12 +0100
SAULT STE. MARIE, Ontario Essar Steel Algoma Inc. has reached an agreement with its iron ore pellet supplier that will extend its current agreement from 2016 to 2024, the company said Friday.


ArcelorMittal in major Quebec deal
Sun, 16 Jun 2013 05:58:29 +0100
I believe Mont-Wright will become a cornerstone of Premier Charests Plan Nord, said Peter Kukielski, head of mining at ArcelorMittal. With iron ore prices soaring to record highs above US$200 a tonne this year due to high Asian steel ...


$6bn iron-ore project collapses - The Australian
Sun, 16 Jun 2013 03:22:00 +0100
THE end of the nation's decade-long mining investment boom was underlined yesterday by the collapse of the $6 billion Oakajee mine, port and rail network, a project aimed at opening up a huge new iron ore export province in Western Australia. Japanese ...


Iron ore import licensing to be scrapped - China Daily
Sat, 15 Jun 2013 14:34:00 +0100
China is to abandon its old iron ore import licensing system in July in an effort to further open up the market, a move that will bring more business opportunities to foreign producers and traders, according to a leading industry insider on Friday. In ...


Credit facility lifts Glencore Xstrata - Scotsman
Fri, 14 Jun 2013 22:24:35 +0100
Credit facility lifts Glencore Xstrata. By DOMINIC JEFF Published on 14/06/2013 21:55. Glencore Xstrata topped the blue chip risers' board yesterday after brokers praised its new $17.3 billion (£11.1bn) credit deal. The shares added 3.2 per cent at 315 ...


ArcelorMittals Scotting Replaces Kukielski as CEO of Mines Unit
Fri, 14 Jun 2013 18:28:51 +0100
Mining contributed earnings before interest, taxes, depreciation and amortization of $1.7 billion last year for ArcelorMittal on sales of $6.3 billion. As well as iron ore, the company also mined 8.2 million tons of coking coal used in steelmaking.


Nucor Guides Earnings Down Despite Strong Automotive Performance ...
Fri, 14 Jun 2013 17:57:57 +0100
Nucor said in a news release yesterday that the steel mills segment will have weaker second quarter performance when compared to the previous quarter despite an improvement in plate. Nucor still reports stronger end markets for both energy and ...


Nucor Issues 2Q Outlook - Zacks.com
Fri, 14 Jun 2013 17:39:40 +0100
Nucor stated that performance in its steel mills is down sequentially with weakness in sheet and structural steel somewhat masked by improvement in plate. Nucor's raw materials segment is also expected to report stronger results in the second quarter ...


Guinea president says Simandou target remains 2015
Fri, 14 Jun 2013 14:41:20 +0100
Guinean President Alpha Conde denied on Friday there had been a change to the expected start of iron ore production from Rio Tinto's part of the giant Simandou mine, sticking to what many analysts say ...


General Moly Announces Results of Annual Meeting
Fri, 14 Jun 2013 13:30:00 +0100
Business Wire - General Moly, Inc. , a U.S.-based molybdenum mineral development, exploration and mining company, announced that it received approval for all


ArcelorMittal Receives Buy Rating from AlphaValue (MT)
Fri, 14 Jun 2013 13:13:32 +0100
ArcelorMittal SA is a Luxembourg-based company involved in the mining and steel industry. In 2011, the Company had crude steel production of 91. Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings ...


JSW Steel to Start Using Low Grade Iron Ore to Stop Supply Crisis ...
Fri, 14 Jun 2013 12:59:00 +0100
The Supreme Court of India had recently lifted the ban on iron ore mining in the Southern State of Karnataka, as reported by MetalMiner near JSW Steel's Bellary plant. Analysts believed that the biggest beneficiary of this decision, JSW Steel could ...