July 3, 2011

Evraz Group plans to build new section rolling mill in southern Russia

It is reported that Russian mining and steel producing company Evraz Group is going to build a new section rolling mill in southern Russia. The production capacity of the mill…

July 3, 2011

Cherepovets Steel Mill installs new loading crane at its converter plant

It is reported that Cherepovets Steel Mill, a subsidiary of Russian steelmaker Severstal has started installation of a new loading crane No 8 at its converter plant worth RUB 800…

July 3, 2011

CIS originated pig iron to Europe stable

It is reported that pig iron shipped from Commonwealth of the Independent States maintained stable in European market last week. Yet, rumors spreading through the market players warn that the…

July 3, 2011

Strike Resources acquisition boosts stake in Peru iron ore projects

Strike Resources has executed an agreement with Iron Associates Corporation to purchase an additional 12% interest in Apurimac Ferrum SA from IAC increasing its stake in AF to 56%. The…

July 3, 2011

Indian coke industry hopeful of riding steel boom

IBNS cited Mr Ganesan Natarajan Encore Coke Ltd President as saying that the merchant coke sector in eastern India is hopeful of riding the boom of steel production in the…

July 3, 2011

Talon ups inferred reserves at Brazilian iron ore project

Reuters reported that Talon Metals a Canadian iron ore miner reported a 48% rise in inferred resources at its flagship Trair�o iron project at Par� State in Brazil. The company…

July 3, 2011

Gindalbie Metals joins cost blowouts list

It is reported that Gindalbie Metals has joined a growing list of West Australian miners confirming major cost blowouts on significant projects as it flags a 62% jump in operating…

July 3, 2011

Civil society opposed sale of Nigeria Iron Ore Mining Company

It is reported that a Kogi State based group, Coalition of Civil Society Groups will oppose the sale of Nigeria Iron Ore Mining Company in Itakpe, Kogi State to any…

July 3, 2011

Nippon Steel not in race for Sundance iron ore project – Report

Reuters quoted a company source with direct knowledge of the matter said Nippon Steel Corp, the world No 4 steelmaker is not in talks with Australia Sundance Resources on its…

July 3, 2011

Turkey steel import value hits USD 2 billion in May

According to the provisional foreign trade statistics compiled by the Turkish Statistical Institute and the Turkish Undersecretariat of Customs, in May this year Turkey's iron and steel imports totaled USD…