CIC leads Vale Talks to Secure Iron Ore Supplies

[www.ferro-alloys.com]Chinese consortium negotiating buying portion of future production for as long as 30 yearsChina Investment Corp, the $814 billion sovereign fund, is leading an investor group in talks for a multibillion-dollar iron ore supply deal with in...

Tuesday, August 23, 2016

Chinese Steel Futures Gain on Capacity Cut Hopes

[www.ferro-alloys.com] Chinese steel futures rose on Monday, buoyed by expectations of more government efforts to cut overcapacity over the next few months.

Tuesday, August 23, 2016

North Dakota Company Pursuing Iron Plant in Northern Indiana

[www.ferro-alloys.com] A Bismarck, North Dakota-based company is working with Purdue University Northwest to develop a process for converting waste products from steel mills into iron nuggets.

Wednesday, August 17, 2016

Indian Steel Production May Reach 127.1 Million Tons by 2020

[www.ferro-alloys.com]India steel production during 2016-2020 is expected to grow annually at an average of 7.3 percent to touch 127.1 million tons(MT). Besides, government has been spearheading the push towards the boost in steel production capacity, with upg...

Wednesday, August 17, 2016

Steel's Decline was about Technology, not Trade

[www.ferro-alloys.com] “American steel,” Donald Trump intoned while laying out his economic plan in Detroit yesterday. “Steel! American steel! We'll send new skyscrapers soaring all over our country. We will put new American metal into the spine of this ...

Wednesday, August 10, 2016

June Steel Shipments Down 0.4 Percent from May

[www.ferro-alloys.com] The American Iron and Steel Institute (AISI) reported today that for the month of June 2016, U.S. steel mills shipped 7,628,953 net tons, a 0.4 percent decrease from the 7,661,979 net tons shipped in the previous month, May 2016, and a 1...

Wednesday, August 10, 2016

China Steel Mills Seek Remedy for Overcapacity

[www.ferro-alloys.com]Wearing a red hat and waving a red flag, Jiang Qin now works to assist traffic police, persuading pedestrians and bike riders to obey traffic rules on a street in Hefei, capital of East China's Anhui province.

Monday, August 8, 2016

Dalian Iron Ore Climbs to 3-Month Top on Steel Rally, Dumping Probe

[www.ferro-alloys.com] Chinese iron ore futures rose almost 4 percent to the highest since April on Thursday, tracking big gains in steel prices, with sentiment also supported by a call from local miners to probe cheap imports which have hurt the domestic ind...

Friday, July 29, 2016
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