February 8, 2019 Hundreds evacuated in Brazil on fears over mining dams safety 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…
February 7, 2019 Steelmaker Voestalpine tones down expectations after Q3 loss The European steel sector is navigating choppy waters as the car industry is slowing and pressure on oil prices has dampened demand from the oil equipment industry.
February 7, 2019 ArcelorMittal sees small steel demand rise, shares slip on margin concerns 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.
February 7, 2019 Russia’s MMK says 2019 output volumes will remain flat MMK expects healthy output volumes, and that the asset will not remain loss-making in 2019.
February 7, 2019 Brazil set to ban upstream tailings dams after collapse kills hundreds The National Mining Agency aims to issue an ordinance on Friday requiring that upstream tailings dams be taken down or converted into other types of dams.
February 6, 2019 Iron ore prices reach almost two-year high Analysts believe the price surge lines up with the market halting up to 40 million metric tonnes of Vale’s iron ore production.
February 6, 2019 GE to support the digitalization of ArcelorMittal’s steel plant in Belgium "Downtime is a billion-dollar problem for the industry as unplanned outages can cause the industry to lose up to 10% of production time a year”
February 6, 2019 Vale knew about sensor problems at dam before burst – Globo TV Vale SA was made aware of problems with sensors designed to monitor the structure of a dam that ended up bursting, 2 days before the disaster.
February 6, 2019 Samarco said to reboot creditor talks after Vale Dam disaster Creditors rejected Samarco’s offer to treat the injections as senior or pari-passu debt.
February 6, 2019 Vale licenses to operate Laranjeiras dam, Jangada mine canceled The cut in output forced Vale to declare force majeure in iron ore and pellets contracts on Tuesday.
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