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Australia, China, Japan, Korea, Vietnam - Steel News

Fortescue profit spikes on iron ore price jump, but dividend ...
Wed, 19 Feb 2020 00:00:00 GMT
Australias Fortescue Metals Group Ltd (FMG.AX) reported a near four-fold jump in half-year profit on Wednesday as it cashed in on higher iron ore prices, while analysts said a lower-than-expected dividend reflected caution on the global economy. Fortescue is the second of the global iron ore giants to report results this season, and also the second to offer lower than anticipated payouts which analysts said reflected a move to keep cash in reserve given uncertainties over global economic

BHP banks on future-facing commodities
Tue, 18 Feb 2020 14:59:00 GMT
BHP is also on track to achieve production guidance for the 2020 financial year at Western Australia Iron Ore (WAIO) and Queensland Coal despite weather impacts this ... to the people affected by the

BHP First-Half Profit Rises; Dividend Lifted
Mon, 17 Feb 2020 23:06:00 GMT
BHP Group reported a 29% rise in half-year net profit and lifted its dividend, after strong prices of iron ore more than offset weakness among almost all other commodities that it

Chinas focus now on reviving economy, seeking balance between ...
Mon, 17 Feb 2020 09:45:00 GMT
A worker of HBIS Group Tangsteel Company patrols at the steel coil storage area in Tangshan, north China's Hebei Province, May 31, 2019. (Xinhua/Mu Yu) With growing signs that the COVID-19 outbreak is

Coronavirus logjam hits Rio Tinto copper deliveries
Wed, 12 Feb 2020 00:00:00 GMT
Australian miner Rio Tinto is experiencing a slowdown in sending deliveries of copper concentrate from its Mongolian mine to Chinese customers across the

SMM Hot News: Impact of the coronavirus outbreak on China metals ...
Mon, 03 Feb 2020 23:10:00 GMT
According to SMM research, steel mills in Hubei and Hunan whose raw materials procurement or business scope involves Hubei, the epicenter of the virus outbreak, may see their raw materials being able

'Frost on top of snowfall': Virus piles pressure on China's industrial ...
Fri, 31 Jan 2020 01:40:00 GMT
A liquefied gas trader in Tangshan in northeast Hebei province said truck drivers were due back on Thursday, but none had returned. While some steel mills in Hebei, Chinas top steelmaking hub

SEAISI Press Release
Thu, 23 Jan 2020 00:00:00 GMT
ArcelorMittal Nippon Steel participating in Odisha iron ore mine auctions: CEO Dilip Oomme

BHP flags slow down in coal production in Oz due to fires
Wed, 22 Jan 2020 03:07:00 GMT
BHP said approval of the corrective Operating Licence for Samarcos operating activities at its Germano Complex was received ... It said natural gas production also fell 8 percent while iron ore

BHP Group Riding Chinas Steel Wave
Tue, 21 Jan 2020 17:10:00 GMT
A strong outlook for iron ore and metallurgical coal is providing momentum for BHP Group ((BHP ... Meanwhile, funds of US$581m have been released to support the Renova foundation in 2020 which will be

Bushfires and air quality take toll on BHP coal output
Tue, 21 Jan 2020 04:47:00 GMT
BHP's Australian iron ore output for the three months ending December 30 was 68 million tonnes ... exploration expenses to rise by $US231 million and the group is accounting for a further US$793

SEAISI Press Release
Tue, 14 Jan 2020 00:00:00 GMT
Alarm bells in Beijing as steel production reaches all-time high

Rare Earths MMI: No lanthanide concentrate processing limit extension ...
Mon, 13 Jan 2020 06:30:00 GMT
According to the report, the exchange, which launched Dec. 31, 2019, is the second rare earths exchange in China (preceded by the Baotou Rare Earths Products Exchange in Inner

METALS-Shanghai aluminum slips to 2-week low; nickel dives
Thu, 02 Jan 2020 20:34:00 GMT
ALUMINIUM: Chinese supply, meanwhile, continues to rise, with Henan Shenhuo Group putting its new smelter in Yunnan into production ... NICKEL: The metal used to make stainless steel briefly crashed 3

A Tough Year for Steel Stocks: Will 2020 Bring Good Tidings
Tue, 17 Dec 2019 00:00:00 GMT
A recovery in steel prices and easing U.S.-China trade tensions are likely provide a respite to American steel makers next

Dammed Good Questions about the Green New Deal
Mon, 16 Dec 2019 10:28:00 GMT
As Donald Worster wrote in Rivers of Empire: Steel penstocks structures that carry water from the forebay tunnel to ... As part of the Harness the Huai River campaign, the dam in Chinas Henan

China, S. Korea steel companies form JV
Wed, 11 Dec 2019 00:33:00 GMT
According to the company, location of the joint venture, which is still under discussion, is expected to be in Tangshan, North China's Hebei province, where HBIS's Laoting cold rolling steel project

Tangshan Steel Mills Operational after Mild Earthquake
Wed, 04 Dec 2019 21:14:00 GMT
According to the China Seismological Network, a magnitude 4.5 earthquake occurred at 08:02 on December 5 in Fengnan District in Tangshan City in Hebei Province, with a focal depth of 10

R and F, Zisco US$1 billion deal collapses
Sun, 01 Dec 2019 18:17:00 GMT
A Chinese investor, R and F, that was looking at acquiring stake in the Zimbabwe Iron and Steel Company, has finally advised Government that it is pulling out of the deal. Highly placed Government

De Beers will let buyers reject more diamonds to fend off crisis
Wed, 14 Aug 2019 00:00:00 GMT
BHP Group has talked to Anglo American chief executive officer Mark Cutifani about running for the top job at the company, according to people familiar with the

Number of news reports: 20

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