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Latest Iron mining Stories

2010-09-15 07:30:00

WEST CHESTER, Ohio, Sept. 15 /PRNewswire-FirstCall/ -- AK Steel (NYSE: AKS) today said it is revising its outlook for the third quarter of 2010, which was originally issued with its second quarter 2010 earnings results on July 27, 2010. The company's revised third quarter outlook primarily reflects costs associated with the acceleration of planned maintenance work at its Ashland (KY) blast furnace, as well as higher raw material and operating costs than were expected at the time of its...

2009-07-27 18:25:11

Workers in Minnesota's taconite industry are being asked to take part in a study to determine why so many of them are getting a rare cancer, researchers say. University of Minnesota scientists said letters began going out Monday to current and former employees of mining companies that extract the iron-bearing rock from the earth of northern Minnesota, the Minneapolis Star Tribune reported. The mystery is why higher-than-expected numbers of the workers have developed -- and succumbed to --...

2009-05-06 09:00:00

BEIJING, May 6 /PRNewswire-Asia/ -- Himfr.com (http://www.frbiz.com/industrial-supply/ ), one of China's leading B2B search platforms with more than 30 B2B industry websites to its name, discusses the iron ore market. This year the demand for domestic iron ore is not optimistic and will be down from last year. China's iron ore imports this year will also be reduced. The global economic recession has seen a decline in steel demand. China's iron ore stocks were at 70 million tons...

2009-02-17 09:00:00

BEIJING, Feb. 17 /PRNewswire-Asia/ -- Himfr.com ( http://www.himfr.com/ ), one of China's leading B2B search platforms with more than 30 B2B industry websites to its name, analyzes China's Mineral resources ( http://www.hardware-wholesale.com/ ). This year, under a sharp economic downturn, the overall demand for major mineral products ( http://www.hardware-wholesale.com/buy-mineral/ ) has been falling sharply, while production capacity remains at surplus levels. Mineral products...

2008-12-11 09:00:00

BEIJING, Dec. 11 /PRNewswire-Asia/ -- Himfr.com (http://www.himfr.com/ ), one of China's leading B2B search platforms with more than 30 B2B industry websites to its name, believes that steel (http://www.hardware-wholesale.com/ ) prices have reached the bottom. According to Himfr.com's analyst, with demand still catching up with the production surplus, steel (http://www.hardware-wholesale.com/buy-steel/ ) prices have remained low but the falling trend have been smaller. According to...

2008-11-06 18:00:14

Cliffs Natural Resources Inc. (NYSE: CLF) today reported that in anticipation of potentially necessary production curtailments, its North America business unit has initiated compliance with the U.S. Department of Labor's Worker Adjustment and Retraining Notification (WARN) Act, by notifying local officials and the United Steelworkers in four operating locations of the potential for production curtailments and employee reductions. WARN Act notification is required 60 days in advance under...

2008-10-29 09:00:23

Altius (TSX: ALS) is pleased to announce drill core assay results have been received for the first four drill holes from its Kamistiatusset iron ore property located 10 km southwest of Wabush Mines in the heart of the iron ore mining district in western Labrador, Canada. A work program consisting of 24 drill holes totaling 6008 metres has been completed. Summarized assay results from the first four drill holes are provided in the table below. The highlights from these results are hole...

2008-10-22 09:00:28

Researched by Industrial Info Resources (Sugar Land, Texas) -- Brazilian miner Vale (NYSE:RIO) (Rio de Janeiro), the world's largest iron ore producer, is awaiting environmental permits to develop the Serra Leste iron ore project, located near the city of Curionopolis in Brazil's Para state. With an investment of about $150 million, the company will construct an open-pit mine to produce 2 million tons per year of iron ore. For details, view the entire article by subscribing to Industrial...

2008-10-10 09:00:40

China's Iron ore, steel prices may fall further: Ministry of Commerce BEIJING, Oct. 9 (Xinhua) -- China's Ministry of Commerce on Thursday said the prices of iron ore and steel products have further room for slide following recent retreat. Prices of domestic iron ore were at 1,200 yuan (176 U.S. dollars) per ton at the end of September, 12.4 percent lower than a month ago on slumping shipping rate, the ministry said. Prices of steel on average last month slid 5.9 percent month-on-...

2008-09-18 09:00:35

China's steel association opposes ore price increases BEIJING, Sept. 17 (Xinhua) -- China Iron and Steel Association (CISA) wrote a letter to Brazil-based Companhia Vale do Rio Doce (CVRD) on Tuesday, asking the world's leading iron ore producer to give up its attempt to raise prices. The letter said, "one-sided price raising not only violated international iron ore price negotiation rules, but also led to huge losses in Chinese steel enterprises. This damaged the win-win relationship...


Word of the Day
mallemaroking
  • Nautical, the visiting and carousing of sailors in the Greenland ships.
This word is apparently from a confusion of two similar Dutch words: 'mallemerok,' a foolish woman, and 'mallemok,' a name for some persons among the crew of a whaling vessel.