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Ferrous Metals ►  Iron & Steel, Stainless Steel, Carbon Steel, Alloy Steel
12 Mar 2010 Iron & Steel  ►  Iron ore exports at record high in Australia
Australian exports of iron ore and coal hit record levels in the final quarter of last year thanks to strong demand from Asia, official figures showed... more 
  Central Iron Ore sells gold mines to buy iron ore projects
Central Iron Ore Limited announced that it has today entered into an Option and Asset Sale Agreement with Natural Resource Investments Pty Ltd, for sale of its British King and Eureka gold mines for... more 
  Tata Steel hit by govt check on illegal iron ore mining
Tata Steel today said the Orissa government's efforts to check illegal iron ore mining has hit the transportation of the mineral affecting the company's and other steel makers' operations... more 
  Steel firms may raise prices 30%
Steelmakers are likely to raise prices by 30% as they look to maintain margins given the greater-than-expected rise in raw material costs... more 
  Interest in steel rises as another earthquake strikes Chile
Long after the dead have been counted and the world's attention has moved on, the terrible testimony of an earthquake can still be seen in the piles of twisted metal and chunks of concrete – often... more 
  Baosteel raises steel wire prices by $20-45
China's top steel producer Baoshan Iron & Steel Co (Baosteel) has taken the lead to raise manufacturer prices of steel wires for April as the steel product market has shown signs of recovery... more 
  Non-ferrous scrap market outlook
Boris Bronneberg, Source Montan Handels... more 
11 Mar 2010   Iron ore prices back at $137-139/mt
  CIS steel mills may increase prices
European steel players are anxiously waiting for new prices to be announced by Russian and Ukrainian mills for 2nd quarter deliveries... more 
  Prophecy estimates 259 million pounds of vanadium at its Titan Deposit in Ontario
Prophecy Resource Corp. has received an updated Technical Report on its 80% owned Titan-Vanadium Property (the "Property") located at Flett and Angus Townships, 120 kilometres northeast of Sudbury,... more 
  Rights of ArcelorMittal SA's Sishen iron ore mine reverted to the State
The Department of Mineral Resources has confirmed that the 21,4% undivided share that ArcelorMittal South Africa had hitherto owned in the Sishen iron-ore mine had reverted to State custodianship, in... more 
  Molybdenum producers benefit from steel demand
The outlook for steel production is hopeful with increasing demand from China. After a year of strong economic growth in 2009 that saw China's GDP rise 8.7 per cent, and a bright forecast for 2010,... more 
10 Mar 2010   Atlas Iron in $143m merger talks with Aurox
Atlas Iron Ltd., an Australian iron ore producer, announced today they had agreed to buy Aurox Resources Ltd. for $143 million in shares. The deal will see Atlas with increased ore resources and port... more 
  Rio Tinto to invest $532m in diamond mining in India
India will soon approve a diamond mining lease for Rio Tinto, according to a senior official at the federal mines ministry... more 
9 Mar 2010   Iron ore prices fall to $136-138/mt
Prices for Indian iron ore (63.5% Fe fines) softened slightly to $136-138/mt CIF China, following Indian government's announcement that it will not be introducing new export taxes on iron ore... more 
  Iron ore prices rise, ETFs benefit
With the global economy looking poised to rebound, iron ore prices are sure to benefit. In fact, they already are. Iron ore is a key ingredient in the steel making process, so it is no understatement... more 
  BHP coal deal analysis, iron ore outlook
Yesterday BHP Billiton announced it had signed a deal with an as yet unnamed Japanese steel company to sell its met coal (coking coal) at US$200/t for the period of the second quarter 2010. As the... more 
  India's NMDC bids for Australian iron ore mine
An international consortium that includes India's biggest iron-ore producer, National Mineral Development Corporation (NMDC), has made a $230-million bid for a 70 per cent stake in a mine owned by... more 
  Steel prices will go up
Rising steel prices, driven by climbing raw material costs, will benefit vertically integrated steel makers such as United States Steel Corp., said a Goldman Sachs analyst on Monday as he upgraded... more 
Stainless Steel  ►  Molybdenum prices to rise on market uncertainty
There is presently a growing panic among molybdenum traders. From our sources, it appears reduced inventories have been overpowered by rushing demand for the silvery-white 'energy metal.' On the day... more