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China steel drops from 3-yr top, cuts iron ores gains

Physical demand in China for high-grade iron ore from top suppliers Australia and Brazil remains firm, said the Beijing-based trader, but not so for lower grade material. Because steel mills profits are quite okay, they prefer higher-grade products ...

The 6 Biggest Chinese Mining Companies

(See also: Barrick's Veladero Draws Chinese Bidders.) China Northern Rare Earth Group High-Tech Co. Ltd. (600111.SS) China Northern Rare Earth Group, formerly known as the Inner Mongolia Baotou Steel Rare Group, is engaged in producing rare earth metals ...
Egypts biggest steel producer, Ezz Steel, has increased its domestic rebar price to E9,805 ($540) per tonne ex-works, including 13% VAT, with effect from Thursday March 16. The companys previous price was E9,605 ($529) per tonne ex-works ...

Brazil mine disaster lawsuit suspended

A Brazilian court has suspended a case brought by prosecutors seeking 155 billion reais ($A64.8 billion) in damages for the 2015 Samarco mine disaster, iron ore producer Vale SA says. It says, in a securities filing, that the federal court in Minas Gerais ...

Indian billionaire to buy R32bn Anglo American stake

Anglo American Plc said its decision to split some SA assets into a different subsidiary gives it the flexibility to dispose of its iron ore and export thermal coal assets should it decide to do so.

DryShips: Shipping Rates

And DryShips has no Capesize vessels. The soaring Capesize rates seems to be driven by iron transport from Brazil to China for Chinese steel production. Chinese steel production is not a free market activity. The Baltic Dry Index is up again today ...

Nucor Acquires Omega Joist

Nucor Corp., Charlotte, N.C., has acquired the assets of Omega Joist, a subsidiary of Samuel, Son & Co., Ltd. Omega Joist produces open-web steel joists at its manufacturing facility in Nisku, Alberta, with sales offices in western British Columbia and southern Alberta. We are excited to grow our joist and decking business in Canada with the acquisition of Omega Joist.
Brazil exported 70,421 mt of carbon steel long products in February, up 34.3% from the 52,430 mt exported in the year-ago month, Trade Ministry data showed. The overall sales value increased 35.2% to $35.35 million FOB, from $26.14 million FOB a year earlier.
On April 4, the Investment Fund of Kazakhstan will try to sell 29.77% of the Uralsk Metal Constructions and Galvanizing Works shares. The shares are evaluated at 161.2 million tenge. This will be the starting price. As of the date of evaluation (September 30, 2016) the works was idle. (Ukrainian metal)
This report studies Steel Sandwich Panels in the global market, especially in United States, Canada, Mexico, Germany, France, UK, Italy, Russia, China, Japan, India, Korea, Southeast Asia, Australia, Brazil, Middle East and Africa. This report also splits ...
This report focuses on top manufacturers in global market, with production, price, revenue and market share for each manufacturer - Hoganas, GKN Hoeganaes, QMP, Laiwu Iron & Steel, JFE, Jiande Yitong, WISCO PM, Alcoa, Shandong Xinfa, Hunan Jiweixin ...

Thailand extends steel tariffs for two months

Bangkok Post reported that the Thailand government will extend anti-dumping tariffs on steel pipes from China and South Korea and coiled and uncoiled hot-rolled steel from Brazil, Iran and Turkey until May 15 to protect the local industry.....more
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