JSW Steel gets coal reserves for West Bengal project
Steel manufacturer JSW Bengal Steel has been allotted three reserves in West Bengal to source coal for its 10-million-tonne steel plant project at Salboni in the state, a top official said here Saturday.
Joint venture iron ore mine in Australia still open, Sinosteel
Channar iron ore mine, Sinosteel's overseas joint venture project with Rio Tinto in Australia, is in constant operation, China's metal giant announced here on Friday denying rumors the mine has been shut down following massive losses.
U.S. Steel idling three U.S. plants, focusing production at other facilities
PITTSBURGH — United States Steel Corp. (NYSE:X) is "temporarily" idling three U.S. plants, affecting 3,500 workers, due to "market conditions and their impact on customers' orders."
Brazilian miner Vale cuts 1,300 jobs on falling iron ore demand
SAO PAULO, Brazil - Vale, the world's largest iron ore producer, has cut 2.1 percent of its work force because of slumping global demand for the raw ingredient used to make steel, the company confirmed
Nippon Steel steps up output cuts as demand slides
Nippon Steel Corp (5401.T), the world's second-biggest steelmaker, said on Friday that it would double its planned output cuts for the October-March period in response to slowing demand for Japanese cars and machines.
Vale Expects Rebound In China Demand
Brazilian iron ore producer thinks Chinese economy has stopped slowing and is increasing spending.
Aluminium at lowest price for five years
ALUMINIUM PRICES dropped to their lowest level for more than five years
MMK Says Not Buying Mechel Coal
Mechel, majority-owned by billionaire Igor Zyuzin, halted deliveries of coking coal to Magnitogorsk Iron & Steel
Nippon Steel, Posco Will Cooperate on Ore and Coal Contracts
Nippon Steel Corp., the world’s second- largest steelmaker, said it will cooperate with South Korea’s Posco in talks with suppliers over iron ore and coking coal contract prices for this year.
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