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Iron ore slides to over one-week low on lingering China demand ...
iron ore market singapore
Thu, 28 Mar 2024 00:00:00 GMT
Iron ore futures prices extended losses on Wednesday to their lowest levels in more than one week, pressured by persistent concerns about demand in top consumer China amid a lack of significan't policy measures to boost steel uptake. The most-traded May iron ore contract on Chinas Dalian Commodity Exchange (DCE) ended daytime trade 3.53% lower at 805.5 yuan ($111.43) a metric ton, the lowest since Mar. 19. The benchmark April iron ore SZZFJ4 on the Singapore Exchange was 2.1% lower at
https://www.hellenicshippingnews.com/iron-ore-slides-to-over-one-week-low-on-lingering-china-demand-concerns/


Magna Mining signs off-take agreement with Vale Canada
canada vale
Thu, 28 Mar 2024 00:00:00 GMT
Magna Mining signs off-take agreement with Vale Canada Thursday, 28 March 2024 14:00 Magna Mining has signed an off-take agreement with Vale Canada for the Crean Hill Project in
https://www.globalminingreview.com/mining/28032024/magna-mining-signs-off-take-agreement-with-vale-canada/


Ukraine: KSZ net profit up in 2023
results steel ukraine
Thu, 28 Mar 2024 00:00:00 GMT
In 2023, Kremenchuk Steel Works JSC received net profit of 124.13 million UAH, up 2.5-fold YoY. The company intends to leave the profit undistributed. Dividends will not be paid. As of the beginning of the year, the undistributed profit of the company amounted to 67.25 million UAH as opposed to the undistributed loss of
https://metalukraine.com/2024/03/28/ukraine-ksz-net-profit-up-in-2023.html


LIBERTY announces UK strategic steel plan after signing new creditor ...
gfg steel
Thu, 28 Mar 2024 00:00:00 GMT
LIBERTY today announces the strategic plan for its UK steel assets after signing a new framework agreement (the framework) with its major creditors. The new framework comes
https://libertysteelgroup.com/liberty-announces-uk-strategic-steel-plan-after-signing-new-creditor-framework-agreement/


Financial support for Poland from the EU could revive the Central ...
poland production steel
Wed, 27 Mar 2024 20:16:03 GMT
The Eastern European country's steel industry could benefit from increased production activity if the Polish government manages to secure nearly
https://metallurgprom.org/en/main/14795-finansovaja-podderzhka-polshi-ot-es-mozhet-ozhivit-centralno-evropejskij-rynok-stali.html


New, technological coke-oven machinery for voestalpine Stahl
austria coke danieli vai
Wed, 27 Mar 2024 15:01:55 GMT
Leading European steel producer voestalpine Stahl has awarded a contract for the supply of two new Coke Transfer Cars for its Coke Plant #1 in Linz, Austria to Danieli Corus and INperfektion. This equipment will replace the existing machinery in use at the coke side of the
https://www.danieli.com/en/news-media/news/new-technological-coke-oven-machinery-voestalpine-stahl_37_875.htm


U.S. Steel Agrees To Environmental Upgrades At Its Clairton Plant
steel usa
Wed, 27 Mar 2024 13:04:11 GMT
U.S. Steel Agrees To Environmental Upgrades At Its Clairton Plant
https://www.nasdaq.com/articles/u.s.-steel-agrees-to-environmental-upgrades-at-its-clairton-plant


Primetals Press Release
china investment metals primetals
Wed, 27 Mar 2024 00:00:00 GMT
Chinese Steel Producer Orders Extensive Automation Solution to Improve Accuracy and Product Quality
https://www.primetals.com/press-media/news/chinese-steel-producer-orders-extensive-automation-solution-to-improve-accuracy-and-product-quality


Magna Mining signs toll-mill deal with Vale for Crean Hill project
exploration metals vale
Wed, 27 Mar 2024 00:00:00 GMT
Magna Mining (TSXV: NICU; US-OTC: MGMNF) has signed a toll-mill agreement with Vales (NYSE: VALE) base metals unit for the advanced exploration portion of
https://www.northernminer.com/news/magna-mining-signs-offtake-deal-with-vale-for-crean-hill-project/1003865454/


Saarland Steel Industry Launches Tender For 50,000 Tonnes Of ...
ghg steel
Wed, 27 Mar 2024 00:00:00 GMT
Power Mar 27, 2024 Saarland steel industry launches tender for 50,000 tonnes of green hydrogen Stahl-Holding-Saar (SHS) has officially launched a tender to procure up to 50,000 tonnes of green... View
https://www.h2-view.com/story/saarland-steel-industry-launches-tender-for-50000-tonnes-of-green-hydrogen/2108062.article/


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JSW Steel Board Meeting Intimation for Audited Financial Results ...
jsw results steel
Wed, 27 Mar 2024 00:00:00 GMT
JSW STEEL LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 17/05/2024 ,inter alia, to consider and approve To consider, inter alia, the Audited Financial Results of our Company for the quarter and year ended 31st March


Naveen Jindal takes charge as President of Indian Steel Association
ghg india steel
Thu, 21 Mar 2024 00:00:00 GMT
The industry is committed to decarbonising and reducing its carbon footprints to meet its target in line with the Prime Minister's commitments to the world, Jindal


Naveen Jindal takes charge as Steel Association prez with immediate ...
india jspl steel
Thu, 21 Mar 2024 00:00:00 GMT
Naveen Jindal, Chairman of Jindal Steel and Power on Thursday assumed the charge as the President of the Indian Steel Association with immediate




Africa Media Releases



Anglo American South Africa iron ore mines assessed on responsible ...
anglo iron ore south africa
Wed, 27 Mar 2024 00:00:00 GMT
Anglo American South Africa iron ore mines assessed on responsible mining standard Wednesday, 27 March 2024 10:00 Anglo Americans Sishen and Kolomela iron ore mines in South Africa have been assessed against the IRMA comprehensive mining


China Baowu plans to invest about $1 billion ...
baowu guinea iron ore
Wed, 31 Jan 2024 09:47:24 GMT
The world’s largest steelmaker, China Baowu Steel Group, has raised 10 billion yuan ($1.4 billion) through a bond issue, partly for the large-scale Simandou iron ore project in Guinea. Nasdaq reports this with reference to the company’s report on the Shanghai Stock Exchange. The capital raised through the issuance of three-year fixed-rate bonds with an … The post China Baowu plans to invest about $1 billion in the development of Simandou appeared first on


ArcelorMittal South Africa in Talks to Avoid Closing Operations
arcelormittal labour south africa
Tue, 30 Jan 2024 14:26:00 GMT
ArcelorMittal South Africa is currently engaged in discussions with the government and labor unions in a concerted effort to prevent




Middle East Industry Headlines



IMIDRO invests $32m to develop infrastructure in mining zones
imidro iran
Tue, 12 Mar 2024 18:00:04 GMT
TEHRAN - The Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) has invested more than 16.285 trillion rials (about $32 million) for the development of infrastructure in the countrys mining zones in the first 11 months of the current Iranian year (ends on March


Global scrap prices fall under pressure from uncertainty in the ...
market scrap turkey
Tue, 12 Mar 2024 00:00:00 GMT
Turkish steelmakers have suspended purchases


Another Danieli rolling mill for quality rebar
danieli iraq
Sun, 10 Mar 2024 19:01:55 GMT
Iraqi company Muhaj Baghdad awarded Danieli the contract for a new, 500,000-tpy rolling mill plant for rebar.







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