Metaljunction

U.S. Steel spokesman said the No. 8 Blast Furnace at Gary Works has resumed production after an unplanned outage. Raw steel production in the Great Lakes region rebounded by 17,000 tons last week after dro

So! The paper market short squeeze tightens. The Dalian 6 month was especially impressive, limit up at one point,  and rebar futures were up 1% too. However, physical remains mixed. Spot is up firmly,

Investors are cutting their exposure to iron ore as the industry faces a flood of new supply that has pushed prices for the steelmaking ingredient close to two-year lows.

Billions of dollars

Workers from 23 hot rolling steel plants in Wazirpur Industrial Estate protested at Jantar Mantar on Thursday and submitted a memorandum to the Minister of Labour and Employment’s Office.

The seaborne iron ore market strengthened Thursday as sentiment was propelled up once again after iron ore and steel derivatives continued to push up.

Platts assessed the 62% Fe Iron Ore Ind

 Tata Steel Ltd’s chromium mine in Odisha must remain shut till 10 July when a case filed by its competitor for redistribution of the mine comes up for its next hearing, according to an Odisha h

Tata SteelBSE -1.16 % has no more plans to import iron ore to feed its steelmaking factories, and will rely on domestic production from its own captive mines or National Mineral Development Corporation ( N

The steel ministry has asked Steel Authority of India Ltd (SAIL) to look at niche steel products that command a premium and can be exported, as the public sector behemoth plans to roll out a massive Rs1.5

INDIA’s steel makers are set for a rebound. Falling fuel costs just as a new government promises to revive demand growth from the slowest pace in five years, are burnishing their earnings outlook.

The steel ministry's move to rekindle its idea of ultra mega steel plants through the most profitable company under its charge could thwart Anglo-Australian firm Rio Tinto's nearly two-decade old p

America’s steel industry has helped our country build the world’s largest economy, the world’s strongest military and the world’s largest middle class.

Unfortunately,

The Great Lakes and the South, two of the USA's largest steel-producing regions, put in a good performance last week, boosting overall US steel mill output by 1.6%, according to figures released by the

Iranian Mines and Mining Industries Development and Renovation, known as IMIDRO, is seeking about $1 billion of investment for two new steelmaking raw materials projects in Sangan, in the northeast of the

Brazilian mining giant Vale will continue to increase its iron ore output despite current fluctuations in the commodity's price, given the company's low cost curve.


BN Americ

The global iron ore trade is forecast to grow 7% in 2014, reaching 1.31Bt and mostly driven by output gains in Brazil and Australia, with China expected to consume the majority of this increase.

Shanghai steel rebar futures rose to their highest level since late May on Wednesday, propped up by expectations that traders would replenish stocks on hopes demand will pick up as the Chinese economy rega

Chinese iron ore futures jumped as much as 3.5 percent on Thursday to their highest level in almost a month, supported by a better outlook for the world's No. 2 economy.

"Some local

Investors are cutting their exposure to iron ore as the industry faces a flood of new supply that has pushed prices for the steelmaking ingredient close to two-year lows.

Billions of dollars

Forexlive has  nice take on the recent sell side capitulation over iron ore:

• From the Wall Street Journal last night saying investors are cutting their exposure to iron ore “as
  ...More

Investors are cutting their exposure to iron ore as the industry faces a flood of new supply that has pushed prices for the steelmaking ingredient close to two-year lows.

Billions of dollars