Metaljunction

An Australian company N.S.L Consolidated has come forward to set up Iron ore pelletisation plants at Karimnagar and Siddipet with an initial investment of Rs. 1,000 crore. The proposal came up during a mee

The iron ore price has pushed back above $US96 a tonne and hit its highest point in more than a month on the back of upbeat manufacturing data out of China this week.

Benchmark iron ore for

India's Sesa Sterlite Ltd expects its iron ore output to surge six fold this fiscal year as it resumes production in Goa in September after a 19-month mining ban in the state, an executive of the count

Chief Ministers of Goa and Rajasthan-Manohar Parrikar and Vasundhara Raje-called on Union Minister of Steel, Mines and Labour and Employment Narendra Singh Tomar in New Delhi today.

Chief Mi

Durgapur Steel Plant of SAIL recorded 7 per cent growth in finished steel production in Q1 (April-June) of this fiscal.

Three major finished steel units — section mill, merchant mill a

On the back of China’s economic data maintaining its recuperating trajectory, the metal sector has been buzzing. Group CFO and Director of the major steel producer Jindal Steel and Power Ltd ( JSPL )

US flat product transaction values are steady at the level reported in May. Domestic capacity utilisation is spiking after the recent outages, although some scheduled maintenance is due soon at US Steel an

Urban development minister M. Venkaiah Naidu on Thursday said the government will open an escrow account to fund affordable housing in the country. The account will collect taxes and other charges that are

China’s steel industry is in need of radical reform. It has become bloated. Similar occurrences developed in North America, Europe and Japan in the latter part of the last century. In all cases, to s

People's teeth and bamboo stalks may not seem very durable compared to bars of steel. But, a new series of experiments finds, making metals mimic those materials could improve metals' endur

Japan's Kobe Steel will build an aluminum sheet rolling plant in the US with around 100,000 mt/year capacity together with trading firm Toyota Tsusho, as it focuses on producing 6000-series aluminum-ma

On Monday, United States Steel (USS) announced a base price increase on all new flat–rolled steel orders. As of Wednesday morning the $25 per ton increase ($1.25/cwt) had not been followed by any oth

US sheet steel sources said Wednesday that US Steel's $25/st flat-rolled increase Monday will have limited market impact until more producers hop on board -- likely after the Fourth of July holiday.

Rio Tinto sold Wednesday a rare cargo of iron ore lump via a spot tender, believed to be the first time it has done so through such a medium, customers of the mining company said Wednesday.

Standard and Poors has a new report out in which it examines the prospects for iron ore miner debt ratings if the commodity remains at $90:
 

If iron ore prices stay at current p

THE man responsible for overseeing BHP Billiton’s iron ore sales into China says the mining giant has started to see high-cost Chinese iron ore production shut down in recent weeks, with the supply r

BHP Billiton’s efforts to push high-cost Chinese iron ore producers out of the market by increasing its own supply are showing first signs of success, with a number of domestic Chinese producers clos

Labrador Iron Mines Holdings Ltd. said it is halting all operations at its mines for the rest of the year, the latest industry player to fall victim to slumping demand.

The benchmark price o

The Department of Commerce today placed preliminary duties on imports of carbon and certain alloy steel wire rod from the People’s Republic of China as the initial determination in its investigation

An Australian firm has come forward to set up iron ore pellets units in Telangana with an initial investment of Rs.1,000 crore.

SSL Consolidate will set up the units in Karimnagar and Siddip