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Iron ore price decline hurts U.S. Steels cost advantage over rivals
Fri, 21 Nov 2014 20:35:35 -0800
iron oreU.S. Steel Corp.s cost advantage over competitors from owning its iron ore mines is shrinking as the price of the commodity used to make steel ...
http://triblive.com/business/headlines/7191828-74/steel-ore-iron


Jaguar Mining reports fatality at Turmalina Mine, Brazil
Fri, 21 Nov 2014 18:47:00 EST
TSX-V: JAGTORONTO, Nov. 21, 2014 /PRNewswire/ - Jaguar Mining Inc. (Jaguar or the Company) (JAG: TSX-V) regrets to announce the fatal injury of an employee at its Turmalina Mine, MTL (Mineracion Turmalina Limitada), located in Minas Gerais, Brazil. The incident...
http://www.prnewswire.com/news-releases/jaguar-mining-reports-fatality-at-turmalina-mine-brazil-283543801.html


Duluth Metals signs definitive acquisition agreement with Antofagasta ...
Fri, 21 Nov 2014 18:05:00 EST
TORONTO, Nov. 21, 2014 /PRNewswire/ - Duluth Metals Limited (Duluth, Duluth Metals) (TSX: DM) (TSX:DM.U) today announced that it has signed the definitive acquisition agreement (the Acquisition Agreement) with a wholly-owned subsidiary of Antofagasta plc (Antofagasta) pursuant to...
http://www.prnewswire.com/news-releases/duluth-metals-signs-definitive-acquisition-agreement-with-antofagasta-plc-283538781.html


65 over 65 (part two): celebrating some of the North East's older ...
Fri, 21 Nov 2014 15:36:35 GMT
His formative years were spent as a works manager with Van Leeuwen Tubes, a large steel tube stockholder. Former Journal associate director Brian Nicholls is still an active journalist, despite retiring from an illustrious career which saw him set up ...
http://www.thejournal.co.uk/business/business-news/65-over-65-part-two-8149435


Metals and Mining Sector Equities Under the Scanner - Alcoa, Century ...
Fri, 21 Nov 2014 13:58:54 GMT
nucor steelLONDON, November 21, 2014 /PRNewswire/ -- Investor-Edge has initiated coverage on the following equities: Alcoa Inc. (NYSE: AA), Century Aluminum Company (NASDAQ: CENX), Mechel (NYSE: MTL), Nucor Corporation (NYSE: NUE), and Vale S.A. (NYSE: VALE). Free research on these five companies...
http://ri.search.yahoo.com/_ylt=AwrBJR76ZHBU.EIAH2__wgt./RV=2/RE=1416680826/RO=10/RU=http://www.prnewswire.com/news-releases/metals-and-mining-sector-equities-under-the-scanner---alcoa-century-aluminum-mechel-nucor-and-vale-283473301.html/RK=0/RS=IAkqdseMwvD8Cnxj3U8yy9UL6rc-


African Minerals eyes mine stake sale to stay afloat
Fri, 21 Nov 2014 12:03:28 GMT
African Minerals will seek to sell part of its stake in the Tonkolili iron ore mine in Sierra Leone in what analysts say is a last-ditch effort to stay afloat, after it failed to secure the release of ...
http://uk.finance.yahoo.com/news/african-minerals-eyes-mine-stake-120328983.html


Quebec's ambitious Plan Nord mineral project goes south
Fri, 21 Nov 2014 12:00:00 GMT
pricesA plan by the Canadian province of Quebec to spend billions to develop the mineral riches of its northern region has been dealt a crippling blow by the pending closure of a major mine as iron ore prices ...
http://uk.finance.yahoo.com/news/quebecs-ambitious-plan-nord-mineral-120000722.html


Forex loss pushes Russian pipe maker TMK to net loss in Q3 - Reuters
Fri, 21 Nov 2014 10:17:07 GMT
hammer and sickleMOSCOW Nov 21 (Reuters) - TMK, Russia's largest maker of steel pipes for the oil and gas industry, said on Friday it made a net loss of $7 million in the third quarter due to a $73 million foreign-exchange loss. TMK, controlled by businessman Dmitry ...
http://in.reuters.com/article/2014/11/21/russia-trubnaya-metal-results-idINL6N0TB1HV20141121


India's steel output growth highest in October among major nations ...
Fri, 21 Nov 2014 10:16:08 GMT
steel productionNEW DELHI: India's steel production grew at the fastest pace among the top producing nations in October at 8.5 per cent even as world's average growth remained stagnant. India produced 7.080 million tonnes (MT) steel last month compared to 6.523 MT in ...
http://economictimes.indiatimes.com/industry/indl-goods/svs/steel/indias-steel-output-growth-highest-in-october-among-major-nations/articleshow/45229213.cms


AMKR output up in October 2014
Fri, 21 Nov 2014 09:47:24 GMT
arcelormittal logoIn October ArcelorMittal Kriviy Rih produced 576.1 thousand tons of steel, up by 3.1% YoY. Pig iron output went up by 3.6%, to 502.1 thousand tons, while that of rolled metal increased by 0.6%, to 509.2 thousand tons, all YoY. In January-October ArcelorMittal Kriviy Rih produced 5293.8 thousand tons of steel and 4657.1 thousand tons
http://metalukraine.com/2014/11/21/amkr-output-up-in-october-2014.html


Tata Steel Thai unit expects net profit for 2014/15 despite H1 net ...
Fri, 21 Nov 2014 08:11:25 GMT
tata logoBANGKOK (Reuters) - The Thai unit of India's largest steel maker, Tata Steel Group, said on Friday it expects to post a net profit for the fiscal year ending March 2015, bouncing back from a first-half ...
http://uk.finance.yahoo.com/news/tata-steel-thai-unit-expects-081125053.html


Gina Rinehart pushes forward on iron ore exports despite BHP seeing ...
Fri, 21 Nov 2014 01:14:36 GMT
Gina Rinehart, Asia's richest woman, is set to start exports in September from her new $10 billion iron ore mine undeterred by prices trading near five-year lows and forecast to extend losses next year.
http://ri.search.yahoo.com/_ylt=AwrBEiSc8m9UvB8AUP8n5gt./RV=2/RE=1416651548/RO=10/RU=http://www.brisbanetimes.com.au/business/mining-and-resources/gina-rinehart-pushes-forward-on-iron-ore-exports-despite-bhp-seeing-end-of-an-era-20141121-11r6oh.html/RK=0/RS=4cltxmWbzSwfJlCa_KHCg4hgeWk-


ThyssenKrupp restarts dividend as turnaround takes hold
Fri, 21 Nov 2014 00:21:00 GMT
melt shopModest payout promised as steelmaker beats profit forecast
http://ri.search.yahoo.com/_ylt=AwrBJR.c8m9UKXEAU2tnBQx./RV=2/RE=1416651548/RO=10/RU=http://www.irishtimes.com/business/sectors/manufacturing/thyssenkrupp-restarts-dividend-as-turnaround-takes-hold-1.2009563/RK=0/RS=ebGLChq4m0xHPeLA2fOgP2LT.Vw-


U.S. Steel Producers See Good Results in Third-Quarter 2014, Although ...
Thu, 20 Nov 2014 16:24:25 GMT
Citing improved prices, higher volumes and better production efficiency, four major U.S. steel producers have reported improved third-quarter results, in comparison with the same quarter a year earlier. Industrial Info is tracking 134 steel manufacturing projects in the U.S., with a total investment value of $10.16 billion.
http://www.topix.com/business/steel/2014/11/u-s-steel-producers-see-good-results-in-third-quarter-2014-although


Should You Buy BHP Billiton plc, Rio Tinto plc Or Anglo American ...
Thu, 20 Nov 2014 12:45:02 GMT
rio tintoWhich big miner is the best buy in today's weak iron ore market: BHP Billiton plc (LON:BLT), Rio Tinto plc (LON:RIO) or Anglo American plc (LON:AAL)
http://uk.finance.yahoo.com/news/buy-bhp-billiton-plc-rio-124502518.html


Fresh controversy in Karnataka iron ore mine allocation
Thu, 20 Nov 2014 12:33:22 GMT
steel industryKarnatakas iron ore mine allocation has created another controversy. This time the government is facing a fresh objections regarding not adhering guidelines on allocating mine in case of MSPL. The steel industry has taken serious objection to the Karnataka governments recent move to recommend a fresh iron ore mining lease to MSPL, a merchant miner.
http://www.business-standard.com/article/companies/fresh-controversy-in-ktaka-iron-ore-mine-allocation-114112000800_1.html


India to allow foreign firms mine and sell coal
Thu, 20 Nov 2014 12:27:13 GMT
coalBy Krishna N. Das NEW DELHI (Reuters) - India will allow locally registered foreign firms to mine and sell coal when commercial mining is permitted as part of the opening up of the nationalised industry ...
http://uk.finance.yahoo.com/news/india-allow-foreign-firms-mine-122713768.html


Buzz-miners: More Pressure As Brokers Weigh In
Thu, 20 Nov 2014 12:26:51 GMT
** Mining stocks already hit by falling iron ore prices are at bottom of pile again as Credit Suisse and UBS issue bearish notes ** CS reckons on high probability of hard landing for top metals consumer ...
http://uk.finance.yahoo.com/news/buzz-miners-more-pressure-brokers-122651833.html


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