Chinese steel mills face layoffs

Chinese steel mills face layoffs

China's steel mills miscalculated in their efforts to increase capacity. The demand for metal in this country has significantly decreased due...

Rio Tinto was looking for copper, but found gold

Rio Tinto was looking for copper, but found gold

An Australian-British concern accidentally discovered a new gold deposit in the west of the country....

World steel production slightly increased in January 2019

World steel production slightly increased in January 2019

Global steel production in January 2019 showed a modest 1 percent increase over the previous year. According to the World Steel Association...

Technology Metals Raises Over $ 4.5 Million for Gabanintha Vanadium Project Shares

Technology Metals Raises Over $ 4.5 Million for Gabanintha Vanadium Project Shares

Technology Metals Australia Ltd has raised over $ 4.5 million, excluding the placement costs of 17,510,833 shares at 26 cents per share....

Emirates Steel expects a slowdown in construction activity in the Middle East this year

Emirates Steel expects a slowdown in construction activity in the Middle East this year

Emirates Steel, the largest steel producer in the United Arab Emirates, expects a slowdown in regional construction in 2019 and higher iron ore...

Former owner of Xstrata will soon start developing the Zogata iron ore deposit in Guinea

Former owner of Xstrata will soon start developing the Zogata iron ore deposit in Guinea

Israeli tycoon Beni Steinmetz has signed an agreement with the government of Guinea to refuse to develop one of the world's largest unused iron...

Australia to restore railways ore delivery line to Port Townsville

Australia to restore railways ore delivery line to Port Townsville

Australia's Queensland Rail is set to complete repairs to the flooded railroad tracks by the end of April....

Mackenzie: iron ore supply could be significantly reduced

Mackenzie: iron ore supply could be significantly reduced

Wood Mackenzie reports that the supply of 2 million tons of iron ore from Brazil is in jeopardy....

Indonesia Wants to Become a Global Electric Vehicle Hub

Indonesia Wants to Become a Global Electric Vehicle Hub

Indonesia plans to begin processing its rich reserves of nickel-containing laterite ore used in lithium batteries to become a global hub for the...

CSN To Sell Usiminas Shares To Cut Debt

CSN To Sell Usiminas Shares To Cut Debt

Cia Siderúrgica Nacional SA, the second largest producer of flat products in Brazil, said on Thursday that it is considering selling its preferred...

Sibanye Raises Its Loss Estimate By $ 100 Million

Sibanye Raises Its Loss Estimate By $ 100 Million

South Africa's Sibanye-Stillwater expects its full-year loss to be more than $ 100 million higher than forecast in its trade report last week,...

Swiss trader IMR buys steel mill in India

Swiss trader IMR buys steel mill in India

The Swiss commodity trading group IMR Metallurgical Resources AG recently bought the Tata Steel mines in South Africa and is now planning to acquire...

Moody's upgrades Tata Steel's corporate rating to Ba2

Moody's upgrades Tata Steel's corporate rating to Ba2

In April-December 2018-19. Tata Steel's Indian operations generated EBITDA /tonne of Rs 17,270, more than three times the profitability of...

China Steel Corporation in Kaohsiung Adopts Advanced Rolled Steel Production System

China Steel Corporation in Kaohsiung Adopts Advanced Rolled Steel Production System

China Steel Corporation in Kaohsiung has started production of S6 continuous steel with new technology using a plant modernized by Primetals...

Japan to help China use blast furnace gas correctly

Japan to help China use blast furnace gas correctly

The global community is demanding that China reduce carbon emissions in the metallurgical industry, and Japanese gas turbine power plants solve this...

Dry cargo market prospects deteriorate after Brazil dam disaster

Dry cargo market prospects deteriorate after Brazil dam disaster

The outlook for bulk carriers transporting iron ore from mines to smelters has been weakened by the accident at the Vale Brumadinho dam in Brazil,...

Chongqing alumina refinery in China reopens

Chongqing alumina refinery in China reopens

China produced 72.53 million tonnes of alumina in 2018, up 9.9 percent from a year earlier, and is the world's largest aluminum producer,...

How South African mines deal with power outages

How South African mines deal with power outages

Miners including Impala Platinum, Harmony, Sibanye-Stillwater and others are working to reduce their dependence on Eskom by building their own power...

China's steel industry profit surges 40 percent

China's steel industry profit surges 40 percent

Rising steel prices and strong production growth have allowed Chinese steelmakers to post record profitability in 2018....

Agricultural "workers" made of steel

Agricultural "workers" made of steel

In February 2019, robotic berry pickers were tested at G&D Farms in Duette in Florida, America's largest strawberry supplier....

Recyclex turnover decreased in 2018

Recyclex turnover decreased in 2018

European non-ferrous scrap recycling firm Recyclex experienced a 19% decline in sales in 2018, to € 365 million....

Business WireArconic Inc took a course to increase aluminum production

Business WireArconic Inc took a course to increase aluminum production

Aluminum production is in high demand in the automotive market, and demand for it in North America may double in the next 10 years....

MPIF Announces Applicants for the POWDERMET 2019 Award

MPIF Announces Applicants for the POWDERMET 2019 Award

The best of the best for "Achievements in the field of powder metallurgy", according to MPIF (Federation of the Powder Metallurgical...

EU launches anti-dumping investigation into Chinese imports of steel wheels

EU launches anti-dumping investigation into Chinese imports of steel wheels

The European Commission has launched an investigation into whether Chinese manufacturers are dumping steel rims to Europe at prohibitively low...

Heads of Thai enterprises announced possible mass layoffs

Heads of Thai enterprises announced possible mass layoffs

Steel imports from China threaten to cut workers at local steel mills...

Senate Majority Leader Suspected of Helping Deripaska

Senate Majority Leader Suspected of Helping Deripaska

Twitter claims that Mitch McConnell's "largest donor" is a Russian oligarch under US sanctions...

Canada will not ratify new agreement with US until steel tariffs are lifted

Canada will not ratify new agreement with US until steel tariffs are lifted

The upcoming federal elections in Canada heighten the need for tariff waivers to move ahead with trade agreements with the US and Mexico....

Peru stops mining silver and gold due to low prices

Peru stops mining silver and gold due to low prices

Low silver prices have led to the halt of Hochschild Mining at the Arcata gold mine in Peru....

The market for metal 3D implants continues to evolve

The market for metal 3D implants continues to evolve

The percentage of people affected by sports injuries and an aging population is increasing every year. The orthopedic market is expected to grow...

Canadian auto parts makers ask to abolish steel duties

Canadian auto parts makers ask to abolish steel duties

The head of Canada's second-largest auto parts maker is alarmed by the disastrous impact of import duties on metals, both in her country and in...

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