LSOTN-REMOVET claimed it to be an operational secured creditor of Bhushan Steel as it has also contributed into the company by providing plants and machinery.

Falling miners push FTSE lower

Mounting weakness in the mining sector dragged the FTSE 100 into negative territory. Steel giant Evraz (EVR) weakened 1...

Stoilensky to boost iron ore production by 10%

Stoilensky has begun the mining of quartzites on the southern bank of the Stoilensky deposit. The development of this site and the overall expansion of mining operations will enable a 10% increase in production output year-on-year to 38 million tonnes in 2018 and will cover NLMK Groups growing needs in iron ore.

Aluminium market under short covering; Support seen at130.1

The last time aluminium inventories in ShFE warehouses in Shanghai, Guangdong, Jiangsu, Zhejiang, Shandong, Tianjin, Henan and Chongqing fell ... Russian companies from U.S. trade tariffs on steel and aluminium in the coming days.

New freight train eases Chinese steel exports

A new international freight train service has opened in Tangshan (China). It links northern Chinas ... It will also ease China's ability to export steel products and construction materials to Mongolia and Europe. Caofeidian is an economic development ...
In the steel and metals sector, market participants could turn cautious ... Moving to thermal coal, China has reinstated import restrictions in Fujian province, adding to bearish sentiment in the Asian thermal coal market. Market participants are looking ...

Chinas toxic history of rare earths mining

It was in 1958 when he was 10 that a state-owned concern, the Baotou Iron and Steel company (Baogang), started producing rare-earth minerals. The lake appeared at that time. To begin with we didnt notice the pollution it was causing.
In contrast to export prices, domestic billet prices in China picked up week-on-week amid improved demand for semi-finished and finished long steel products in the country. Domestic billet prices in the countrys Tangshan region reached 3,410 yuan ($542 ...

This Weeks Wedding Announcements

The grooms father is a chemical engineer in Fuzhou, China, at Fujian Shen Yuan New Material Limited ... The grooms father was a steelworker for the United States Steel Corporation at the Mon Valley Works Irvin Plant in West Mifflin, Pa.

India to flag steel duty hike issue at TPF meet with US

Major steel exporters to the US comprise Canada, Brazil, South Korea, Mexico and Russia which together account for close to 60 per cent of the shipments. India exported close to 0.9 million tonnes (MT) steel to America in 2017. Some trade experts have ...
Major steel exporters to the US comprise Canada, Brazil, South Korea, Mexico and Russia which together account for close to 60 per cent of the shipments. NEW DELHI: India will take up the issue of duty hike on certain steel and aluminium products by the US ...

Australia is the meat in the US-China trade war sandwich

The imposition of tariffs on imported steel and aluminium last month were the opening shots ... Aixtron was quickly snapped up by a Chinese investment fund, Fujian Grand Chip, which had multiple connections to Sanan that included a common investor ...