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


Brazils Cerrado forests wont be saved by corporate pledges ...
Fri, 08 Dec 2017 14:03:00 GMT
At the same time Brazils mining and steel industries expanded and Cerrado forests provided a ready source of timber needed for fuel. During the 1960s, heavy investment in agricultural research succeeded in developing soy and cotton cultivars that could ...
http%3a%2f%2ftheconversation.com%2fbrazils-cerrado-forests-wont-be-saved-by-corporate-pledges-on-deforestation-87130&c=11271225758832263641&mkt=en-gb


Hong Kong-Listed Henan Jinma Energy Expects 70% Increase In Net ...
Thu, 07 Dec 2017 17:03:00 GMT
coke segment which was mainly driven by an increase in the average selling price of coke due to the continuous recovery of iron and steel and construction industries in 2017. Henan Jinma Energy is a China-based coke and coking by-products company.
https%3a%2f%2fasia.nikkei.com%2fMarkets%2fNikkei-Markets%2fHong-Kong-Listed-Henan-Jinma-Energy-Expects-70-Increase-In-Net-Profit&c=10737407805790274199&mkt=en-gb


Vale sees 2018 iron ore prices not much lower than this year
Wed, 06 Dec 2017 12:30:00 GMT
NEW YORK, Dec 6 Reuters - Brazilian miner Vale's chief executive said on Wednesday he does not expect iron ore prices to be much lower next ... to resume operations as soon as possible at the Samarco mine, a joint venture with BHP Billiton that has ...
http%3a%2f%2fwww.mining.com%2fweb%2fvale-sees-2018-iron-ore-prices-not-much-lower-year%2f&c=13786360686644647146&mkt=en-gb


Does halting of subway project mark end of line for Chinas infrastructure ...
Tue, 05 Dec 2017 03:14:00 GMT
The economy of Baotou, 550km northwest of Beijing, is dominated by state-owned steel plants and rare earth mines but the city has been relying on infrastructure spending to maintain growth. The local government said infrastructure investment including ...
http%3a%2f%2fwww.scmp.com%2fnews%2fchina%2feconomy%2farticle%2f2121736%2fdoes-halting-subway-project-mark-end-line-chinas-infrastructure&c=17782226855299217798&mkt=en-gb


Glencore Ontario Teachers create new partnership
Tue, 05 Dec 2017 00:00:00 GMT
RNS Number: 4528Y Glencore PLC 05 December 2017 Glencore plc Baar, Switzerland 5 December, 2017 Glencore and Ontario Teachers' Pension Plan announce the creation of a new partnership focused on base metals streams and royalties Baar, Switzerland and Toronto, Canada, Dec. 5, 2017 -- Glencore Canada Corporation (Glencore) and Ontario Teachers' Pension...
http://www.iii.co.uk/research/LSE:GLEN/news/item/2601716/glencore-ontario-teachers-create-new-partnership?context=LSE:GLEN


COKING COAL QUARTERLY: Supply disruptions set to raise Q4 contract ...
Tue, 05 Dec 2017 00:00:00 GMT
While nothing that would significantly affect the ferrous sector was announced at the meeting in Beijing, steel and coke production cuts were implemented ahead of it in the neighboring city of Tangshan and other surrounding regions. Expectations started ...
https%3a%2f%2fwww.metalbulletin.com%2fArticle%2f3772050%2fRaw-materials%2fCOKING-COAL-QUARTERLY-Supply-disruptions-set-to-raise-Q4-contract-price.html&c=16015859787115513252&mkt=en-gb


EMERGING MARKETS-Brazil stocks rise as China output cuts boost ...
Mon, 04 Dec 2017 08:18:00 GMT
That is raising expectations that steel mills will restock iron ore early next year. Spot iron ore for delivery to China's Qingdao port surged, tracking a rally in Chinese rebar futures. Shares of Brazil's Vale , the world's largest iron ore miner ...
http%3a%2f%2fwww.kitco.com%2fnews%2f2017-12-04%2fEMERGING-MARKETS-Brazil-stocks-rise-as-China-output-cuts-boost-iron-ore.html&c=4637628936885622438&mkt=en-gb


Chalco enlists state funds, insurers in $1.9 bln debt-for-equity ...
Mon, 04 Dec 2017 04:41:00 GMT
The four Chalco units are Chalco Shandong, Chalco Zhongzhou Aluminum Co, Baotou Aluminum Co and Chalco Mining. The Chalco investment came just two weeks after a 40-billion yuan debt-for-equity swap at Chongqing Iron and Steel Co. China unveiled guidelines ...
http%3a%2f%2fwww.dailymail.co.uk%2fwires%2freuters%2farticle-5143625%2fChalco-enlists-state-funds-insurers-1-9-bln-debt-equity-swap.html&c=10226702258495409360&mkt=en-gb


Brazil mining code unchanged as Senate fails to vote on bill
Mon, 04 Dec 2017 00:47:00 GMT
Mining com Brazils Senate has not approved a temporary decree issue by President Michel Temer in July changing some sections of the current mining code, aimed at making the countrys industry more competitive and sustainable. Brazils lower house ...
https%3a%2f%2fsteelguru.com%2fmining%2fbrazil-mining-code-unchanged-as-senate-fails-to-vote-on-bill%2f496584&c=16540833612869645632&mkt=en-gb


ThyssenKrupp Says Rehearing Bid Needed In Seizure Row
Wed, 29 Nov 2017 18:32:00 GMT
for leave to attach Cosipars pig iron before suit was filed, referring to Brazilian pig iron manufacturer, Cia Siderurgica Do Para Cosipar. Its complaint as amended says nothing about a 3502 pre-suit attachment to secure a someday-to-be-filed ...
https%3a%2f%2fwww.law360.com%2farticles%2f989268%2fthyssenkrupp-says-rehearing-bid-needed-in-seizure-row&c=7370204955536688784&mkt=en-gb


Emirates Steel expects higher 2018 GCC steel demand as spreads ...
Tue, 28 Nov 2017 07:15:00 GMT
Emirates Steel, which operates in the GCC alongside DRI steel producers Hadeed, Qatar Steel, and Jindal Shadeed, may help meet World Steel Association expectations for steel consumption in the region to grow in 2018 by 3.9% to 24.6 million mt.
http%3a%2f%2fwww.hellenicshippingnews.com%2femirates-steel-expects-higher-2018-gcc-steel-demand-as-spreads-improve%2f&c=2143415478780376175&mkt=en-gb


Same bidders chasing Essar Steel, Bhushan
Mon, 27 Nov 2017 00:00:00 GMT
ArcelorMittal, Tata, Vedanta, JSW in race for the two firms undergoing insolvency process;bankers and IRPs say there are not too many
http://www.dnaindia.com/business/report-same-bidders-chasing-essar-steel-bhushan-2562682


Brazil iron royalty hike could hurt high-cost mines - Vale
Sun, 26 Nov 2017 21:24:00 GMT
Reuters - reported that Brazils Vale SA , the worlds largest iron ore producer said that a hike in the countrys royalty rates for the mineral could compromise its ability to maintain high-cost mines and would hurt its ability to compete.....more
https%3a%2f%2fsteelguru.com%2fmining%2fbrazil-iron-royalty-hike-could-hurt-high-cost-mines-vale%2f495984&c=13062736302062793386&mkt=en-gb


Best ASX Undervalued Companies
Fri, 24 Nov 2017 21:02:10 GMT
Recent undervalued companies based on their current market price include Kip McGrath Education Centres and Fortescue Metals Group. Investors can benefit from buying these companies while they are discounted, becauseRead More...
https://finance.yahoo.com/news/best-asx-undervalued-companies-210210378.html?.tsrc=rss


China petrochemical prices may spike in 2018 on green tax
Fri, 24 Nov 2017 02:42:00 GMT
The petrochemical sector, together with coal and steel industries, ranks among the biggest polluters ... The provinces of Shandong, Fujian ,Guizhou, Zhejiang, Jiangxi and Jiangsu, among others, are adopting the same strategy. For air and water pollutants ...
https%3a%2f%2fwww.icis.com%2fresources%2fnews%2f2017%2f11%2f24%2f10167374%2fchina-petrochemical-prices-may-spike-in-2018-on-green-tax%2f&c=7234855028972671816&mkt=en-gb


Number of news reports: 15



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