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Indian media: Coal mines auction
Tue, 21 Oct 2014 06:27:49 +0100
coal minerWelcoming government plans to put up coal mines for bidding by private companies.

Steel Dynamics to Host Third Quarter 2014 Earnings Conference Call ...
Mon, 20 Oct 2014 21:05:00 +0100
FORT WAYNE, IN / ACCESSWIRE / October 20, 2014 / Steel Dynamics, Inc (NASDAQ:STLD) will host a conference call and live webcast to discuss the results of the third quarter 2014, to be held Tuesday, October ...

ArcelorMittal SA Sees Unusually Large Options Volume (MT)
Mon, 20 Oct 2014 18:16:00 +0100
arcelormittal logoAnalysts expect that ArcelorMittal SA will post $0.39 EPS for the current fiscal year. ArcelorMittal SA (NYSE:MT) is a global steel producer. Receive News & Ratings for ArcelorMittal SA Daily - Enter your email address below to receive a concise daily ...

Mexico's Antidrug Push Weighs on Iron-Ore Trade With China - Wall ...
Mon, 20 Oct 2014 12:20:41 +0100
china flagMexico will likely export just 2 million metric tons of iron ore this year, said Mario Cant, Mexico's coordinator general of minerals, on the sidelines of an industry conference in the northeastern Chinese city of Tianjin. Last year's exports totaled ...

Steel companies lower their prices in attempt to attract sales
Mon, 20 Oct 2014 10:37:00 +0100
pricesTwo steel companies have lowered their prices in an attempt to increase sales in the domestic market, according to the Executive director of the Chamber of Metallurgical Industries Mohamed Hanafi in a statement to the Daily News Egypt. EZZ Steel's have ...

Russia's TMK sees drop in steel pipe shipments in first 9 months ...
Mon, 20 Oct 2014 09:02:08 +0100
hammer and sickleMOSCOW Oct 20 (Reuters) - TMK, Russia's largest maker of steel pipes, said on Monday its total shipments in the first nine months of 2014 fell 1.3 percent, year-on-year, to 3.2 million tonnes, mainly due to lower demand for large-diameter pipes and ...

Scrap-export ban proves ineffective
Mon, 20 Oct 2014 08:06:55 +0100
Local steel manufacturers are still reeling under the weight of the unbridled export of scrap metals in spite of a 2013 ban of the practice.

Tangshan Port : Q1-Q3 Throughput up 14.33%
Mon, 20 Oct 2014 04:27:00 +0100
SHANGHAI, October 20, SinoCast -- Tangshan Port recorded a cargo throughput of 370 million ... gas and product throughput was 10.65 million tons, up 10.05%; steel throughput was 35.10 million tons, up 18.24%; container throughput was 751493 TEUs, up ...

Defying market mechanism: ECC where politics rule economics
Sun, 19 Oct 2014 12:58:00 +0100
To get more insight into the nature of decisions, consider two comparable cases. One is that of the state-owned Pakistan Steel Mills and the other is privately owned Tuwairqi Steel Mills. The future of both companies rests largely on the outcome of ...

Mining for profit
Sat, 18 Oct 2014 06:38:53 +0100
iron oreOne of the main reasons is the collapse in iron ore price. The story has been well told; as the Chinese economy picked up in 2003, so did internal demand for iron ore to satisfy rapid urban development. Iron ore became the commodity of choice. Now, there is a glut of iron ore, and to add to the bad news, Chinese development growth is starting to slow. Yet the scale of the slump in iron ore ...

IMIDRO: Iran Ups Alloy Steel Production by 17 Percent in 6 Months
Fri, 17 Oct 2014 08:17:00 +0100
steel productionTEHRAN (FNA)- Iran has considerably increased its alloy steel output in the first half of the current Iranian year (March 21-September 22), a report said. Alloy steel production reached 225,000 tons in the first six months of the current year showing a 17 ...

Thu, 16 Oct 2014 18:00:00 +0100
It offers hot-dip galvanized steel, pre-painted galvanized steel ... The company was founded in August 2002 and is headquartered in Henan, China. Number of employees: 690 persons.

Rio, BHP have strong incentive
Thu, 16 Oct 2014 08:18:54 +0100
rio tintoRio Tinto and BHP Billiton have a ''strong incentive'' to flood the market with cheap iron ore as their oligopoly is under threat, according to a detailed research paper from UBS.

Flooding market with cheap iron ore in mining giants interest ...
Thu, 16 Oct 2014 07:22:01 +0100
Rio Tinto and BHP Billiton have a ''strong incentive'' to flood the market with cheap iron ore as their oligopoly is under threat, according to a detailed research paper from UBS.

Fortescue Metals only just breaks even
Thu, 16 Oct 2014 04:03:04 +0100
Fortescue Metals Group only just broke even in the September quarter, achieving $US71 a tonne for iron ore as it beat analyst expectations on volumes to deliver yet another shipment record.

KLine Strikes Long-Term Iron Ore Transport Agreement with Anshan ...
Thu, 16 Oct 2014 02:59:00 +0100
with an annual transport volume of approximately 1.5 million tons The Anshan Iron and Steel Group has joined together with the Benxi Iron and Steel Group, also based in Liaoning Province, to form the Anben Group. Anshan Iron and Steel is a leading iron and ...

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