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IRON AND STEEL
Thursday
,
02 Sep 2010
The Mato Grosso state government said Wednesday it has discovered an estimated 11.5bn tonnes of iron ore at a 41$ Fe grade
Monday
,
30 Aug 2010
The trans-national miner said it is pushing ahead with expansion plans in iron ore while it awaits competition authority clearance for a JV with BHP Billiton
Monday
,
30 Aug 2010
The South African, diversified miner said its numbers were hit by the strong rand and lower metal prices but said it remained confident of strong demand from China, Brazil and India going forward
Monday
,
30 Aug 2010
South Australia's reputation as minerals State on the move gained another notch today when Western Plains came to an agreement with the Government to create an iron ore stockpiling centre in Port Pirie.
Thursday
,
26 Aug 2010
Karnataka state might have banned iron ore exports, but Orissa, Jharkhand and Goa have stepped in to meet the shortfall.
Thursday
,
26 Aug 2010
South Korean major Posco's plans of teaming up with SAIL to build a $3.3 billion steel mill in Jharkhand is set to move ahead, with the imminent signing of the agreement.
Thursday
,
26 Aug 2010
Fortescue Metals posted a 129% increase in profits but is still on tenterhooks as to whether or not a new mining tax will be implemented in Australia
Wednesday
,
25 Aug 2010
Following rejection of offers from AcelorMittal SA and Jindal Steel, the African country is looking for new bids
Tuesday
,
24 Aug 2010
Xstrata's canny entry into iron ore is alongside a miner in happy operation for nearly 50 years.
Tuesday
,
24 Aug 2010
The agreed acquisition helps move the coal and base metals miner further into the iron ore sector
Monday
,
23 Aug 2010
After some less-than-favourable remarks by South Africa's minister of mines, one has to ask, is Kumba Iron Ore a victim of its own BEE successes?
Monday
,
23 Aug 2010
The first such increase in four months, the group cited a rebound in steel scrap costs as a reason but added, a steep rise in scrap prices was unlikely after October given the still weak demand
Monday
,
23 Aug 2010
Equity fund adviser says iron ore mining companies should make the most of the boom while they can.
Friday
,
20 Aug 2010
According to the World Steel Association crude steel production during the period rose to 820.965 million tonnes
Friday
,
20 Aug 2010
Rio Tinto CEO , Tom Albanese said the two firms were still seeking approval for the $116bn deal as the technical arguments for it remain strong.
Tuesday
,
17 Aug 2010
Kumba loses it appeal to the DMR, now it awaits the ruling of a High Court review of the granting of the rights to Sishen
Monday
,
16 Aug 2010
The decision by the iron and steel company to keep prices stable signals a cautious outlook on demand and price gains since July
Monday
,
16 Aug 2010
Australia's biggest steel maker said while it has short-term concerns about demand and a stronger Australian dollar, it is planning for significantly improved market conditions in the medium to long term
Friday
,
13 Aug 2010
The Chinese media house reports that two Chinese firms will build transport facilities at the imassive iron ore project in Guinea being operated by Chalco and Rio Tinto
Thursday
,
12 Aug 2010
Germany's biggest steelmaker did not reach Q2 pretax profit estimates and warned of uncertainty ahead as a result of volatile prices
Wednesday
,
11 Aug 2010
India's steel minister has said concerns around the $12bn steel plant should be resolved soon
Tuesday
,
10 Aug 2010
Kumba will continue its monumental legal battles against ICT, ArcelorMittal's new bedmate. ArcelorMittal announces, not just ICT purchase,but BEE deal as well
Tuesday
,
10 Aug 2010
China's ban on iron ore imports with Fe content less than 60% has hit Sesa Goa, a subsidiary of Vedanta Resources. Will the company take a middle path?
Tuesday
,
10 Aug 2010
The South African unit of the world's top steel maker announced Tuesday it would buy Imperial Crown Trading for R800m
Monday
,
09 Aug 2010
After months of wrangling, Bolivian President Morales gave Jindal a present on Bolivia's Dia de la Patria, 1,500 hectares of long-promised land to develop El Mutun.
Thursday
,
05 Aug 2010
Once touted as the future head of steelmaker, Shougang, A Chinese executive was jailed for leaking commercial secrets to employees of Rio Tinto
Thursday
,
05 Aug 2010
The Iron ore miner which has done 39 acquisitions in the past six years says it is still open to acquiring more assets in order to boost production.