Spreads between US domestic ferrous scrap prices in the south and north are the widest in over a year, highlighting a broader shift as southern US electric arc steelmaking capacity grows.
News ID: 7483 Publish Date : 2019/11/15
The World Trade Organisation (WTO) urged India to withdraw a series of subsidies applied to several industries, including steelmaking , after a complaint by the US.
News ID: 7067 Publish Date : 2019/11/01
Brazil’s Vale (NYSE:VALE), the world’s No.1 iron ore miner, saw output of the steelmaking commodity collapse by almost 34% in the second quarter of the year, compared to the same period in 2018.
News ID: 5413 Publish Date : 2019/07/22
Continued strong global demand for steelmaking coal, especially in China and India, may be behind two new coal mine proposals in Canada’s British Columbia province.
News ID: 5254 Publish Date : 2019/07/17
Brazil's Vale’s warning that a tailings dams at its shuttered Gongo Soco mine in Minas Gerais is at risk of rupturing as soon as next week lit a fire under iron ore prices on Friday, sending the steelmaking raw material to a five-year high.
News ID: 4575 Publish Date : 2019/05/18
In below you can observe a short film related to POSCO - steelmaking company - in South Korea.
News ID: 1825 Publish Date : 2018/01/21
Iranian steelmakers and iron ore companies are actively working on the expansion of iron ore processing and direct reduced iron/hot-briquetted iron capacities to fulfill the government’s plan for a massive expansion of steel production to 55 million tons per year.
News ID: 1660 Publish Date : 2017/12/11
There is a never-ending competition for supplying raw steelmaking materials and this is at its fiercest in China as the world’s largest producer and consumer of iron ore. Iran, however, is missing out on the competition and is wholly dependent on Chinese imports.
News ID: 1657 Publish Date : 2017/12/11
China makes more than half the world’s steel, but a slowdown in its economy and sagging global demand has left the industry with massive excess capacity. The country has been accused of dumping its production on world markets.
News ID: 985 Publish Date : 2017/02/19
The Second Yazd International Exhibition of Industries and Mines was inaugurated by Deputy Minister of Industries, Mining and Trade Mehdi Karbasian in Yazd Province on Thursday.
News ID: 892 Publish Date : 2017/01/21
Iran’s railroad transportation capacity needs to increase fourfold to 88 million tons in about nine years to help fulfill the steelmaking target set in the 20-Year Vision Plan (2005-25), said an executive of Iranian Mines and Mining Industries Development and Renovation Organization–Iran’s biggest holding company in the mining sector.
News ID: 630 Publish Date : 2016/10/17
MSC managing director:
In a measure designed to meet the needs of local customers, especially producers of pipes and profiles, the better part of production at Saba Steelmaking and Continuous Casting Plant now focuses on low-thickness products, Managing Director of Mobarakeh Steel Company (MSC) Bahram Sobhani, Ph.D., told a Management Committee meeting of the steel giant.
News ID: 584 Publish Date : 2016/09/03
Despite the fact that Iran’s steel industry has changed significantly over the years of international isolation, the major transformation is still on the way as there is a bold plan to triple steel output to 55 million tons per year by 2025.
News ID: 498 Publish Date : 2016/08/05
This year Iran expects to see a significant increase in construction budget, which will lead to the revival of the sector.
News ID: 496 Publish Date : 2016/08/05
- CEO Kwon was credited with improving Korea's steel technology to one of the best levels in the world
- The whole prize money is to be donated with 100 million won each going to POSTECH, the Korea Engineering Academy and Seoul National University
News ID: 489 Publish Date : 2016/07/28
Worldwide, direct reduction plants produced 72.57 million tons in 2015, based upon data collected by Midrex Technologies, Inc. and audited by World Steel Dynamics.
News ID: 443 Publish Date : 2016/07/07
Iran’s iron ore prices, on the decline for most of the past year, have started to regain their momentum, reaching $54.5 per ton last week, which is $2.3 higher than the prices on April 7.
News ID: 282 Publish Date : 2016/04/18