Iron ore price drops as Chinese steel begins to pile upFri, 15 Sep 2017 23:27:00 GMT
China produces as much steel as the rest of the world combined ... Year-to-date imports of high-quality iron ore from Australia, Brazil and South Africa are 6.7% higher than in 2016, already a record breaking year when imports topped one billion tonnes ...
Trump blocks sale of United States tech firm to ChinaFri, 15 Sep 2017 22:11:00 GMT
In 2016, President Obama issued an order prohibiting the proposed $710 million acquisition of Aixtron GE, a German-based technology company, by Grand Chip Investment GmbH (GCI), a German subsidiary of Fujian Grand ... on imported steel on national security ...
$$ Fortescue Metals Group chief Nev Power to step downFri, 15 Sep 2017 07:44:38 GMT
Fortescue Metals Group,the world's fourth largest iron ore exporter, said on Friday its chief executive Nev Power would step down in February after seven years in the role. The Australian mining group ...
Next Fortescue CEO to Lead Push Beyond Iron Ore Cash MachineFri, 15 Sep 2017 01:32:19 GMT
Nev Powers successor as Fortescue Metals Group Ltd.s top executive will be charged with leading theworlds fourth-largest iron ore exporters drive into new businesses.
EU rejects punitive tariffs on Iran steel exportsSun, 10 Sep 2017 00:05:00 GMT
which had also proposed plans to levy tariffs of up to 33 per cent on imports of hot-rolled steel from Brazil, Russia and Ukraine, it said. But EU countries opposed the plan, with some members believing the measures were too weak while others regarded them ...
EU rejects punitive measures against Iran steelSat, 09 Sep 2017 14:08:00 GMT
which had also proposed plans to levy tariffs of up to 33 percent on imports of hot-rolled steel from Brazil, Russia and Ukraine. But EU countries opposed the plan, with some members believing the measures were took weak while others regarded them too ...
EU states at odds over tariffs on HR steel from Russia, Brazil ...Thu, 07 Sep 2017 22:30:00 GMT
Reuters - reported that European Union governments rejected the blocs proposed measures to levy punitive tariffs on hot rolled steel from Brazil, Iran, Russia and Ukraine on Thursday, with some member states considering the measures too lax, others to ...
US ITC to expedite 5 year Sunset reviews on circular welded pipes ...Thu, 07 Sep 2017 21:33:00 GMT
The US International Trade Commission has voted to expedite its five year reviews concerning the antidumping duty orders on certain circular welded pipe and tube from Brazil, India, Korea, Mexico, Taiwan, Thailand, and Turkey and the countervailing d.....more
EU states at odds over steel tariffs against Russia, BrazilThu, 07 Sep 2017 09:58:00 GMT
BRUSSELS Reuters - European Union governments rejected the blocs proposed measures to levy punitive tariffs on hot-rolled steel from Brazil, Iran, Russia and Ukraine on Thursday, with some member states considering the measures too lax, others too tough.
Iran steel exports rise 12%Thu, 07 Sep 2017 04:10:00 GMT
The IMIDRO data released on Wednesday is a preliminary report on major producers exports. A more comprehensive and detailed version, including smaller private mills performance, often follows from the Iranian Steel Producers Association in about two ...
RDIF CEO: BRICS needs to enhance intra-group tiesTue, 05 Sep 2017 20:14:00 GMT
Kirill Dmitriev, CEO of the Russian Direct Investment Fund (RDIF), speaks to China.org.cn in Xiamen, Fujian Province ... and a robot center, an online steel trade platform and more, many of which are technology-oriented. The pool of RDIF's Chinese partners ...
China ramps up role transport infrastructure in BrazilTue, 05 Sep 2017 02:26:00 GMT
Reuters - reported that Chinese companies signed commitments to finance and build railways and ports that will help Brazil export iron ore and soybeans, the two main commodities it sells to China, during a state visit by Brazilian President Michel Teme.....more
Turkey and India dent uptrend in US ferrous scrap exportsTue, 05 Sep 2017 00:00:00 GMT
Despite significantly stronger crude steel production in Turkey this year, the countrys imports of US ferrous scrap remain well short of the pace...
Chinese iron ore drops on concerns steel mill inspections may ...Mon, 04 Sep 2017 22:10:00 GMT
Bengang Steel Plates Co on Friday shut more than one-third of the steel-making capacity at its plant in the city of Benxi in China's northeastern province of Liaoning. The fire shut 10,000 tonnes a day of pig iron output. Traders and analysts are concerned ...
China steel futures hit 4-1/2 year high; supply, inspection fears ...Sun, 03 Sep 2017 20:48:00 GMT
... top steel producer Tangshan, have been ordered to cut capacity by as much as 50 percent in polluted days. Meanwhile, the most-traded January iron ore contract on the Dalian Commodity Exchange rose nearly 1 percent to 583 yuan a tonne by 0307 GMT.
Number of news reports: 15