Metaljunction

Sesa Sterlite Ltd(SESA.NS) said on Thursday the government could remove an iron ore export tax as soon as next month, and such a move would help the country's top private miner boost output after two y

JSW Steel 's third quarter profit is expected to fall 11 percent year-on-year to Rs 415 crore, according to the average of estimates of analysts polled by CNBC-TV18.

otal income is seen

China’s demand for steel likely flatlined or even contracted last year, the first time in 14 years the measure hasn’t expanded for the world’s largest steel user.

Officials

Iron ore is heading for the biggest monthly loss since May amid signs the bear market that began last year has further to run as steel mills in China curtail output before a national holiday and major prod

The slump in iron ore prices has helped China's largest steel firms post their best annual profits in almost three years reports China Business News.

According to the report, medium and

Fortescue Metals Group Ltd , the world's No. 4 iron ore miner, said cost cutting and a weak Australian dollar have helped it combat a 50 percent slide in iron ore prices that has been partly fuelled by

You know the outlook for a commodity is bleak when even a record low consensus forecast for prices looks overly optimistic.

This appears to be the case for iron ore, where a Reuters poll of

Now that some significant capacity has been yanked from the US sheet steel market, there isn't much left to do but wait out inventories, buy-side sources said Thursday.

One trader said t

Raw steel production rebounded to 666,000 tons in the Great Lakes region last week, after a big drop the previous week.

U.S. steel production increased by 1.1 percent in the week that ended

Nippon Steel & Sumitomo Metal Corp said on Thursday it took a 68.6 billion yen ($583 million) charge in the April-December period as a slump in oil prices was hurting profits at its pipe affiliate in B

Russian steelmaker MMK said on Thursday its crude steel output in the fourth quarter totalled 3.07 million tonnes, down 9 percent quarter-on-quarter, mainly because of scheduled maintenance and seasonal fa

The Union Minister of Steel and Mines Shri Narendra Singh Tomar today chaired a meeting of senior officials of Mines Ministry to review the progress of several actionables under the newly passed Mines and

JSW has taken offence to the pricing methodology adopted by National Mineral Development Corporation (NMDC) as the public sector entity has held its ground on iron ore prices, which pinches the Sajjan-Jind

Chinese iron ore futures inched up on Wednesday after a five-day losing run, but the gains are likely to be limited due to weak spot prices and cutbacks in output at steel mills.

Chinese ste

Tata Steel will soon start operation of its Sukinda chromite mine in Jajpur district following the third renewal of the mining lease by the state government recently.

"Now all our mines

Fortescue Metals Group has beaten analyst expectations for iron ore exports and believes it will escape asset writedowns at its half year financial results next month.

The miner indi

THE price of iron ore has again plumbed a new five-year low overnight as investors remain concerned about the medium-term outlook for supply and demand.

At the end of the latest offs

London-listed mining giants have continued to increase production despite a slump in commodity prices which has seen share values plummet across the industry.

Anglo American, Fresnillo and A

IRON ore miner Mount Gibson has warned that it will record an impairment charge in its half-year results of almost $1 billion as the price of the steelmaking commodity hits its lowest point in ­almost

After a robust year, highlighted by U.S. Steel Corp. ’s first annual profit since 2008, the steel industry is facing an unexpected menace in tumbling oil prices, which have forced production cutbacks