Aluminium associations the world over are calling for a refocus on China's massive production and export capacity.
Steel Mining News
The investigation could lead to provisional duties being applied within nine months and definitive duties, typically in place for five years, in 15 months.
Four people from the German consulting group Tüv Süd, company that certified the safety of Vale’s dams, were also detained.
About 700 people were evacuated from two towns located near tailings dams operated by Vale and ArcelorMittal on mounting fears after last month's breach at Brumadinho, the country's deadliest mine disaster.
ArcelorMittal is investing in projects in Mexico and Brazil, and has bought Votorantim in Brazil and Italy's Ilva, Europe's largest capacity steel plant.
MMK expects healthy output volumes, and that the asset will not remain loss-making in 2019.
The mine is part of the assets the Vancouver-based miner is getting as part of its acquisition of all of American Strategic Minerals' assets.
The commission has set an April 29 deadline to rule on the transaction, which would create Europe’s second-largest steelmaker after ArcelorMittal.
Those inclined to make a bullish bet on disaster may be in for a dose of karma. This rally is more likely to collapse than extend.
Paul D. Mitchell has been named the new EY global sector leader for mining and metals.
The nation's crude steel output slipped 0.3 percent to a nine-year low in 2018, as a string of natural disasters and glitches at steel plants led to slower production.
The move gives the company mineral rights to an additional 200-metre strike length at Carlin, considered the largest vanadium deposit in North America.
The best way to sum up 2018 is this - it was a record year for Nucor
“It’s a shame if we say that we are importing iron ore. It’s like selling ice to the eskimos”
The plant's conveyor belt caught fire Sunday morning.
In Sandvik Machining Solutions growth was moderate at a low single digit pace, impacted primarily by a decline in Asia and slower activity in the automotive segment
Prices of steel and steel-making raw materials in China rose on Friday amid optimism over progress in the U.S.-Sino trade talks.
The government shutdown is adding to the woes of U.S. companies already paying tariffs for their steel and aluminum.
Our export markets have disappeared, the local market hardly exists, we've got lots of capacity and no market.
“We believe that these new cash-settled contracts... will help lower barriers to market entry"
All steel imports will be subject to an effective cap until July 2021 to counter concerns of EU producers that European markets could be flooded by steel.
The fall in iron ore purchases for 2018 came as a 70 percent plunge in profit margins since late October cut the incentive for steelmakers to ramp up output and restock raw materials.
Miao Wei, minister of industry and information technology, said the capacity expansion ban would also apply to the cement and flat-glass industries.
China plans to introduce policies to boost domestic spending on items such as automobiles and home appliances this year.
A request was made by plaintiffs in a wartime forced labour case to seize part of the local assets.