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Revett Mining Company, Inc. Shareholder Alert: Rigrodsky & Long ...
Fri, 27 Mar 2015 22:58:00 GMT
WILMINGTON, Del., March 27, 2015 /PRNewswire/ -- Rigrodsky & Long, P.A.:Do you own shares of Revett Mining Company, Inc. (NYSE MKT: RVM) Did you purchase any of your shares prior to March 27, 2015 Do you think the proposed buyout value is too low Do you want to discuss your...

U.S. Steel Brings Steel Industry Woes to Congresspeople
Fri, 27 Mar 2015 19:06:13 GMT
A massive increase in steel imports has been the single biggest risk for the US steel industry. U.S. Steel faces challenges in its tubular segment also.

Why Vale SA may sell a stake in crown jewel Carajas iron ore mine ...
Fri, 27 Mar 2015 15:28:09 GMT
Vale SA may need to do the unthinkable and sell a stake in its crown jewels as declining iron ore prices pressure the company's balance sheet. Deutsche Bank believes Vale should consider bringing in a partner at its Northern System operations, which ...

Odisha HC order to free 35 mt iron ore capacity - Business Standard
Fri, 27 Mar 2015 14:09:22 GMT
The Odisha High Court's recent order to allow mining operations of lapsed leases is set to augment iron ore output in the state by 35 million tonnes (mt). At least 21 mines, including 18 mines that were shut down following a Supreme Court order last ...

After a Lull in January 2015, Chinas Steel Production Rises
Fri, 27 Mar 2015 13:05:46 GMT
Later this month, several top executives of US steel companies will testify at a Congressional hearing, pleading their case against steel imports.

Airgas to Build New Air Separation Unit (ASU) in Tuscaloosa, AL
Fri, 27 Mar 2015 11:55:55 GMT
RADNOR, Pa.--(BUSINESS WIRE)--Airgas, Inc. (NYSE: ARG), one of the nation's leading suppliers of industrial, medical, and specialty gases, and related products, today announced that it has signed a long-term agreement to build an air separation unit (ASU) to supply tonnage oxygen, nitrogen and argon via pipeline to Nucor Steel Tuscaloosa, Inc., a subsidiary of Nucor Corporation, at its steel ...

Olympic Steel Names Sean Heenan General Manager ...
Fri, 27 Mar 2015 10:45:45 GMT
GlobeNewswire - CLEVELAND -- Olympic Steel Inc. , a leading national metals service center, today announced Sean Heenan has been named General Manager of the Company's operation in Winder, GA, effective April 1, 2015....*

Case Caf to greet visitors to this year's designjunction Milan ...
Fri, 27 Mar 2015 09:59:50 GMT
The Loku chair is available with a wood and metal or steel tube base, in oak or walnut plywood and with or without a leather seat pad. In addition to the Case Caf, the latest design pieces from Case, including Robin Day's iconic 675 chair, Lap ...

FTSE Ends Week With A Whimper As Commodity Stocks Fall
Fri, 27 Mar 2015 09:32:49 GMT
By Sudip Kar-Gupta LONDON (Reuters) - Britain's main equity index fell for a fourth day on Friday, pulled down by commodity stocks as iron ore prices plunged and as a stronger U.S. doll...

Fortescue Metals Group: worthless or worth holding on to
Fri, 27 Mar 2015 07:11:55 GMT
Fortescue's stock is worthless at current spot iron ore prices, analysts at CBA calculate. Yet the broker community is, overall, neutral on the stock.

Ukraine: Zaporizhstal output up in January-February 2015
Fri, 27 Mar 2015 07:03:16 GMT
In January-February Zaporizhstal produced 640.8 thousand tons of steel, up by 2.1% YoY. Pig iron output reached 605.7 thousand tons, while that of rolled metal – 563.7 thousand tons, up by 14.4% and 1.4% YoY respectively. “The current market situation in Ukraine has resulted in a considerable domestic demand fall, while world metal prices continue

Clive Palmers empire feeling the pinch from falling iron ...
Fri, 27 Mar 2015 06:31:41 GMT
Clive Palmer's business empire is feeling the pinch with a drop in iron ore prices and this week's $3 billion writedown of his prized asset, the Sino Iron project in Western Australia. Mr Palmer's Chinese partner and mine operator CITIC announced in Hong Kong on Tuesday a larger-than-expected impairment against the troubled Pilbara project.

Russian coal miner Raspadskaya says will not pay dividends on 2014 ...
Fri, 27 Mar 2015 06:29:32 GMT
Russian coking coal miner Raspadskaya said on Friday it would not pay dividends on its 2014 results. The company, controlled by steelmaker Evraz, is scheduled to release financial results for the fourth ...

Someone needs to go broke in the Australian iron ore industry, says ...
Fri, 27 Mar 2015 05:46:15 GMT
The Australian iron ore industry is poised for a huge shake-up as the global glut worsens and margins continue to tighten. The nation's biggest iron ore miners, Rio Tinto and BHP Billiton, are still making money and expanding production, but questions ...

Iron ore industry poised for big shake-up
Fri, 27 Mar 2015 05:39:37 GMT
The Australian iron ore industry is set for a major shake-up as the world's biggest miners continue flooding the market while margins tighten

North Korean steel production slumps and hindering economy - SteelGuru
Fri, 27 Mar 2015 04:35:37 GMT
The World Steel Association (or worldsteel) stated that the estimated production within North Korea of crude (liquid) steel the benchmark by which steelmakers and countries measure their total steel output has witnessed a gradual downward decline and ...

Bethlehem finds a place for historic bridge
Fri, 27 Mar 2015 03:43:01 GMT
A landscape architect, Bill Collins was taking photos at Easton's Hugh Moore Park when he stumbled upon a pair of trusses bound for the scrap heap.

Iron ore slump set to shrink China's mining capacity
Fri, 27 Mar 2015 02:05:00 GMT
The elimination of high-cost miners is an inevitable trend, said Feng Guoqing, general manager at Shougang Mining. The oversupplied market will make the decision to close them. In Hebei, China's top steel producing province, 80 percent of local mining ...

China's Baosteel criticises call for iron ore output cap
Thu, 26 Mar 2015 23:38:00 GMT
Other Chinese steel producers also dismissed the proposal ... while they continue producing at the same level, said Shu Hong, deputy general manager of Shougang Concord International, a subsidiary of the Shougang Group, one of China's biggest state ...

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