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Articles by lee ryan |
41. September U.S. steel imports from China increased significantly
November 05, 2013
U.S. Commerce Department released data show, September 2013 U.S. imports 2.505 million tons of steel, month to month dropped by 4.1%, compared to last year growth of 6.1%. 1-9 months total steel imports 21,674,000 tons, year on year drop 7%. From species to see, compared with last year, the growth ...
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42. India's "12th Five Year Plan" steel production capacity difficult to complete
November 04, 2013
Recently, foreign media reports, Due to the current economic slowdown makes the steel mills in India postponed to expand production capacity, meanwhile the Indian government delays in the approval of new projects, will make India's steel industry difficult to achieve previous setting of the "12th Fi...
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43. Rio Tinto sell Australia coal mine share
November 03, 2013
According to British media reports, Australian mining company Rio Tinto will sell its 50.1% share of Clermont coal mine in Australia to Swiss commodities giant Glencore Xstrata and Japan's Sumitomo, transaction amount of $ 1.02 billion. Rio Tinto said in a public statement, in the process of the co...
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44. Greenland end mining ban, China will participate in the island's largest iron ore project
October 31, 2013
October 26, Greenland Parliament voted to end radioactive minerals mining ban that has been performed 25 years, this could detonate foreign investment enthusiasm on local abundant uranium, thorium, rare earths etc. mineral resources. In addition, London Mining Plc teamed up with Chinese companies ha...
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45. Brazil is optimistic about China iron ore consumer market
October 27, 2013
Carajas project annual output of 109 million tons at present, it is the world's largest iron ore project, which is expected to reach full capacity of production in 2018 and reach 230 million tons. Exploitation of their planning period is 40 years, extraction volume is expected to reach 4 billion ton...
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46. Why China's steel exports in September create new low
October 23, 2013
China's steel exports in August created a new high in nearly three years, in September suffered a dump, total exports fell sharply. EU and emerging economies export situation of uncertainty and accelerate the appreciation of the RMB is the main reason about China's steel exports decline. According ...
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47. Choice between scrap and iron ore: Environmental protection become key factor
October 22, 2013
In the current vigorously promote energy conservation and recycling economic situation, increase scrap application level is imperative, however, for requiring high-yielding of domestic enterprises, this is also greater difficulties. Therefore, to change the status of low utilization of scrap, it sti...
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48. Russia Severstal Group quit India steel project
October 21, 2013
Russian steelmaker Severstal has announced it quitted from the Indian joint venture plant project, which result to the future direction of the project is unknown. Severstal Group is already the third foreign-funded enterprises quit India steel construction projects this year. Earlier, South Korea's ...
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49. Hyundai Steel plans merger with Hysco to reduce costs and enhance competitiveness
October 20, 2013
South Korea's second-largest steel manufacturer Hyundai Steel has said, they were planning merger with Hyundai Hysco to take over the latter's core rolled and coated sheets business, which intended to reduce financial costs and improve profitability. Hyundai Steel is expected to complete the merger ...
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50. August Japan export 3.727 million tons of steel, increased 2.4% qoq
October 16, 2013
Japan Iron and Steel Federation (JISF) released the latest data show, August 2013, Japan's steel export 3,727,000 tons, exports is 3.547 billion dollars, about 349.3 billion yen. Compared to last year, steel exports increased 1.3%, exports fell 10.8% in U.S. dollars, for 15 consecutive months of dec...
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