Due to a new pricing scheme for iron ore, the steel industry may be facing higher costs and will lose competitiveness in the market as compared with other materials according to the head of the World Steel Organisation said on Monday. Paolo Rocca, chairman of the steel body, “We will have no alternative but to [...]
Steel Authority of India Ltd, the country’s leading domestic steel maker, hoped to get iron ore mining licence a key state that will help boost output. For full story, click here
The Bolivian government has requested Indian steelmaker Jindal Steel & Power Limited to commence manufacturing steel at its El Mutún iron ore works by 2014, its fifth year of iron ore output. For full story, click here
The Bolivian government has requested Indian steelmaker Jindal Steel & Power Limited to commence manufacturing steel at its El Mutún iron ore works by 2014, its fifth year of iron ore production. For full story, click here
As per the data issued for the first five months of 2009, the Ukrainian steelmakers dipped their imports of iron ore by 11.4% to 1.623 million tonne while the Ukrainian mining companies reduced their iron ore exports by 6.9%YoY to 9.124 million tonne both compared to the same period last year. For full story, click [...]
India-based iron ore miner Sesa Goa decelared that it has acquired the mining assets of Dempo Group in the western state of Goa for $368 million to boost its output of iron ore. For full story, click here
India must focus on building iron ore reserves instead of exporting the key raw material in steel making as it looks to boost national steel output. For full story, click here
India should focus on building iron ore reserves instead of exporting the key raw material in steel making as it looks to boost national steel output. For full story, click here
It is declared that Russia’s Ural Steel plans to slightly raise the total output of pig iron in June to 230,000 tonnes to 240,000 tonnes against 220,000 tonnes to 223,000 tonnes in May. The May decrease of output was due to a three-day repair at 1.08 million tonnes per year blast furnace No 3. For [...]
Russia’s Novolipetsk Steel will preliminary raise output of pig iron in May by 26%, to 790,000 tonnes. For full story, click here
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