Iron & Steel News
Page 1

Date: Search:
FREE: Subscribe to Iron & Steel News daily or weekly newsletters – receive Iron & Steel News alerts by e-mail
Sponsored Links ► 

Ferrous Metals ►  Iron & Steel, Stainless Steel, Carbon Steel, Alloy Steel
13 Mar 2010 Iron & Steel  ►  Corus to restart its Scunthorpe steel plant
Steel giant Corus is restarting a blast furnace at its Scunthorpe site 13 months after a slump in demand forced it to close... more 
  Iron ore price rise disadvantageous to China
Iron ore's spot price in the Chinese market has surged to an 18-month high after the Spring Festival holiday, placing Chinese negotiators in the uphill price talks with major iron ore producers in an... more 
  Commercial Metals Co predicts $130m loss in quarter
Commercial Metals Co. said it expects to post a net loss of $1.50 to $1.60 a share for the fiscal second quarter ended Feb. 28... more 
  China's Hebei to acquire 80% stake in Shijiazhuang Iron & Steel
Hebei Iron & Steel Group plans to purchase an 80% stake in Shijiazhuang Iron & Steel Co Ltd for RMB 1.9 billion, said Yan Shengke, board chairman of the latter firm... more 
  EU steelmakers says 90% iron ore price hike in China unacceptable
The European steel industry has warned that an iron ore price rise of up to 90% will have a "huge impact" on the region's economic recovery... more 
  Indian iron ore prices hit $142/mt CIF China
  Pig iron prices in China rise to $445/mt
Spot pig iron prices in northern China's Hebei province increased by 30-40 yuan ($4-6) over the week to 2,930-3,030 yuan per mt ($430-445/mt), on the back of improved demand from steel millls, market... more 
  Vale withdraws from China iron ore price talks
Brazilian miner VALE SA has quit the 2010 annual iron ore benchmark price talks with China, the National Business Daily reported Thursday, citing an unnamed industry insider in Hebei, a major steel... more 
  Japan's Nippon Steel to raise stainless steel prices
Japan's biggest stainless steel mill, Nippon Steel & Sumikin Stainless Steel, has announced new ex work price of March 2010... more 
  Iron ore prices to rise on China resource depletion: Fortescue
Iron ore producer Fortescue Metals Group has increased its production targets and put a $6.24 billion price tag on a two-stage mining operation... more 
  EU steelmakers say rising iron prices damage economic recovery
European steel makers warned on Thursday that big iron ore price increases could slow the region's fragile economic recovery... more 
  Steelmakers in China must raise iron ore prices: Vale
Vale SA, the largest iron ore producer, told Chinese steelmakers it plans to drop a 40-year tradition of setting annual prices in favour of shorter contracts... more 
12 Mar 2010   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 
  China's 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