Iron Ore Mining News
Gov. Bobby Jindal says he's proposing the state set aside $65 million in its annual construction budget for a possible $2 billion pig iron plant in southeast Louisiana by steelmaker Nucor Corp.
SHANGHAI: Steelmakers are fighting back over attempts by the US$200 billion iron ore mining industry to raise the cost of their main raw material, calling for regulators to investigate an "oligopoly" that inflates prices.
Australian News.Net Tuesday 16th March, 2010 Global miner Rio Tinto has predicted that while China's demand for iron ore, copper, coal and aluminium will grow during the next 15 years, India will soon take the lead for further demand.
Rio Tinto , the world's second-biggest iron ore miner, beat its forecast for iron ore output, reflecting surging demand from Chinese steelmakers and setting the stage for tough contract price talks.