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Former mining tycoon Tinkler sees global players shedding coal assets
Fri, 28 Nov 2014 03:24:28 GMT
coalNathan Tinkler, the former mining magnate who lost his fortune because of a slump in coal prices, expects global mining companies such as BHP Billiton and Rio Tinto to put their coal assets up for sale. ...
http://uk.finance.yahoo.com/news/former-mining-tycoon-tinkler-sees-032428149.html


Rio Tinto promises big returns in February despite iron ore rout
Fri, 28 Nov 2014 02:22:53 GMT
iron oreGlobal miner Rio Tinto deferred plans to build a $1 billion mine in Australia, stepping up cost cuts amid a plunge in iron ore prices so it can deliver on a vow to boost returns to shareholders. The move ...
http://uk.finance.yahoo.com/news/rio-tinto-promises-big-returns-022253862.html


Rio Tinto defers new iron ore mine but sticks to expansion target
Thu, 27 Nov 2014 22:15:04 GMT
rio tintoRio Tinto has decided to defer plans to build a $1 billion iron ore mine in Australia, but the world's No. 2 iron ore producer said it still expects to reach its expansion target of 350 million tonnes ...
http://uk.finance.yahoo.com/news/rio-tinto-defers-iron-ore-221504851.html


Essar Steel starts up Orissa iron ore pellet plant
Thu, 27 Nov 2014 21:47:00 GMT
Singapore, 28 November (Argus) - India's Essar Steel has started operations at its 6mn t/yr iron ore pelletisation plant in Orissa's ... largest global pellet producer behind Brazil's Vale and Samarco. Essar uses part of the pellet production for its ...
http://www.bing.com/news/apiclick.aspx?ref=FexRss&aid=&tid=ee0268d308c84d869caa099d833c10cd&url=http://www.argusmedia.com/News/Article%3Fid%3D955330&c=mtxx9077lOkqRvNzgzOhAgRt2FE70nZ2AyZ5NfH272Y&mkt=en-gb


Recycling of Platinum Group Metals - A Global Technology, Industry ...
Thu, 27 Nov 2014 16:04:00 EST
recyclingLONDON, Nov. 27, 2014 /PRNewswire/ -- The platinum group metals (PGMs), platinum, palladium and rhodium, have significant catalytic properties. Additionally, platinum metals possess natural beauty which makes them a valuable jewelry item in many parts of the world. Future demand for PGMs...
http://www.prnewswire.com/news-releases/recycling-of-platinum-group-metals--a-global-technology-industry-and-market-analysis-300002085.html


Canadian Institute of Steel Construction urges strong action from ...
Thu, 27 Nov 2014 19:25:00 GMT
construction industryMARKHAM, ON , Nov. 27, 2014 /CNW/ - The Canadian Institute of Steel Construction (CISC), as the voice of the Canadian Steel industry, is gravely concerned about the growing impact of protectionist legislation ...
http://ca.finance.yahoo.com/news/canadian-institute-steel-construction-urges-192500191.html


CM promises to discuss with Centre subsidised gas for Al-Tuwairqi ...
Thu, 27 Nov 2014 17:59:00 GMT
The Sindh Chief Minister Syed Qaim Ali Shah on Thursday assured the Ambassador of the Republic of South Korea Dr Song Jong-hwan to discuss with the federal government the matter of provision of gas at concessionary rates to the largest private steel ...
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Iron ore slurry pipeline to cut Essar's pellet output cost by 20% ...
Thu, 27 Nov 2014 15:20:21 GMT
Essar Steel, which is operating a six million tonne per annum (mtpa) iron ore pellet making plant in Odisha, said its recently commissioned slurry pipeline is expected to bring down pellet transportation expenses by Rs 1,200 per tonne, which works out ...
http://www.business-standard.com/article/companies/iron-ore-slurry-pipeline-to-cut-essar-s-pellet-output-cost-by-20-in-odisha-114112701025_1.html


Rio Tinto iron ore exports to rise if miner approves new Pilbara ...
Thu, 27 Nov 2014 14:06:28 GMT
Rio Tinto's controversial policy of expanding exports in a depressed iron ore market faces a litmus test on Friday, when the miner is expected to approve more than $US1 billion ($1.17 billion) in spending for a new iron ore mine in the Pilbara. Despite ...
http://www.theage.com.au/business/mining-and-resources/rio-tinto-iron-ore-exports-to-rise-if-miner-approves-new-pilbara-project-20141127-11v6ck.html


Global steel production holds for October - Recycling Today
Thu, 27 Nov 2014 13:11:06 GMT
china flagItaly produced 2.1 million metric tons of crude steel, a drop of 5.4 percent from October 2013. France's crude steel production was 1.5 million metric tons, an increase of 15.0 percent compared to October 2013. Spain produced 1.3 million metric tons of ...
http://www.recyclingtoday.com/worldsteel-production-october-china.aspx


Iron-Ore Giant Vale Sees Rebound as Glut Squeezes Mines - Bloomberg
Thu, 27 Nov 2014 11:22:51 GMT
pricesIron-ore prices are poised to rebound from five-year lows as Asian infrastructure demand improves and high-cost mines close, according to the top producer Vale SA. (VALE5). The steelmaking raw material, which slumped 49 percent this year to $68.49 a ...
http://www.bloomberg.com/news/2014-11-26/top-producer-says-iron-price-undershooting-as-mines-shut.html


Steel companies in the Dubai Free Zone growth exceeds 20% in 2013 ...
Thu, 27 Nov 2014 10:31:06 GMT
steel industryDubai - Steel industry in Jafza has seen a robust growth of over20% in 2013, which is more than the rate of industry growth in the UAE. Steel manufacturers and traders in the Free Zone expect the growth momentum to pick-up further in the current fiscal.
https://www.zawya.com/story/Steel_companies_in_the_Dubai_Free_Zone_growth_exceeds_20_in_2013-ZAWYA20141127081335/


Tubos Reunidos SA: RELEVANT EVENT: JOINT VENTURE WITH MARUBENI ... ...
Thu, 27 Nov 2014 10:14:17 GMT
The newly-formed company has also been granted a licence for JFE Steel Corporation's premium threading technology, which will allow it to enhance its response to growing market demand for OCTG premium products, especially in Africa, Middle East and ...
http://www.twst.com/update/91089-tubos-reunidos-sa-relevant-event-joint-venture-with-marubeni-itochu-tubulars-europe-plc-mite


Ukraine to procure 5.4 million tons of ferrous scrap in 2014
Thu, 27 Nov 2014 09:57:55 GMT
In 2014 Ukraine will procure 5.4 million tons of ferrous metals scrap. According to the Ukrpromvneshekspertisa marketing department head Yuri Dobrovolskiy, in 2013 Ukraine procured 5.7 million tons of ferrous scrap. In January-September Ukraine procured 4.1 million tons of scrap as compared to 4.2 million tons YoY. In the first quarter of 2015 Ukraine will
http://metalukraine.com/2014/11/27/ukraine-to-procure-5-4-million-tons-of-ferrous-scrap-in-2014.html


Sail, Jsw, Tata Steel To Have Better Year Ahead: Moody's
Thu, 27 Nov 2014 05:35:44 GMT
sail logoDomestic steel majors such as SAIL, JSW Steel and Tata Steel will have a better year ahead on the back of capacity expansions and higher utilisation, leading to rise in profitability, global ratings agency Moodys said today.
http://www.business-standard.com/article/pti-stories/sail-jsw-tata-steel-to-have-better-year-ahead-moody-s-114112700135_1.html


Pacific Iron Ore Corporation Announces Release of September 30, 2014 ...
Thu, 27 Nov 2014 00:45:45 GMT
Pacific Iron Ore Corporation announces that it has filed its Financial Statements and Management Discussion and Analysis for the three and nine months ended November 30, 2014. These documents are now available ...
http://uk.finance.yahoo.com/news/pacific-iron-ore-corporation-announces-004545494.html


Tuwairqi Steel renews threat to leave country
Wed, 26 Nov 2014 19:53:00 GMT
ISLAMABAD: The management of Tuwairqi Steel Mills Ltd (TSML) on Wednesday announced to pull out of the country as the respective governments were seemingly not inclined to resolve their lingering issue of reduced gas tariff. 'I can assure that we don't ...
http://www.bing.com/news/apiclick.aspx?ref=FexRss&aid=&tid=08f007b1aafc47af84caf6a8bb4486c3&url=http://www.dawn.com/news/1147099&c=LIsxWmu7yhc9No4Fpgip5fvxhg4CJnpwvYn1C8lzDQs&mkt=en-gb


Deals of the day- Mergers and acquisitions
Wed, 26 Nov 2014 06:05:53 -0800
arcelormittal logo(Adds Abraaj Investment Management, ArcelorMittal, EBRD, Danone, Bhd; updates Kellogg, Carlyle Group) Nov 26 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1430 GMT ...
http://uk.finance.yahoo.com/news/deals-day-mergers-acquisitions-140553131.html


ArcelorMittal, Marcegaglia submit offer for Italy's Ilva plant
Wed, 26 Nov 2014 05:35:44 -0800
ilvaBy Maytaal Angel LONDON (Reuters) - ArcelorMittal (ISPA.AS), the world's biggest steelmaker, has submitted a non-binding offer with Italian steel processor Marcegaglia for Italy's Ilva steel plant, handing ...
http://uk.finance.yahoo.com/news/arcelormittal-marcegaglia-submit-offer-italys-120614423.html


Tuwairqi Steel warns: If gas doesnt come cheap, company will pack ...
Wed, 26 Nov 2014 12:14:00 GMT
The top management of Saudi Arabia-based Al Tuwairqi Holding, while cautioning the government, has said that it will consider packing up if its steel mill in Pakistan is not provided promised gas at a discounted rate. 'Enough is enough, after one and a ...
http://www.bing.com/news/apiclick.aspx?ref=FexRss&aid=&tid=08f007b1aafc47af84caf6a8bb4486c3&url=http://tribune.com.pk/story/797796/tuwairqi-steel-warns-if-gas-doesnt-come-cheap-company-will-pack-up/&c=paMnXeaUV5E088PYx3fdf2a6W22P5ovgrtUhW7mUAl8&mkt=en-gb


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