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China’s Steel Mills Race for Profits As Rally Looks Vulnerable
[Ferro-Alloys.com] China’s steel mills are churning out as much metal as possible, enjoying their best profits in years, even as they worry the months-long rally in prices in the world’s top steelmaking market is running out of steam, executives said. |
The Shipping News From China Is Good For Iron Miners, Mills
[Ferro-Alloys.com] Record cargoes of iron ore coming into China and fewer boatloads of steel going out signal a boon for miners including BHP Billiton Ltd., Rio Tinto Group and Vale SA, as well as welcome news for rival metal producers like Europe’s ArcelorMi... |
Georgetown Leaders, Union At Odds Over Future Of Steel Mill Property
[Ferro-Alloys.com] The Georgetown Steel Mill property is at the center of a development and jobs battle. |
China's Steel, Coal Curbs a Double-edged Sword for Imports
[Ferro-Alloys.com] China's determination to tackle its choking pollution by cutting steel and coal capacity should be a long-term negative for exporters of iron ore and coal to the world's biggest commodity importer, but the reality is likely to be far more nu... |
Iron Ore Prices Reach Lowest Level in A Month, Slide Below US$90 A Tonne Mark
[Ferro-Alloys.com] A labourer shovels iron ore into a steel ladle at Wuhan Iron and Steel Group in the capital of central China's Hubei province October 17, 2007. Reuters/Stringer |
Steel Sector Lifted As Baosteel Sees Shares Rise
[Ferro-Alloys.com]Baosteel, the listed arm of the newly merged China Baowu Steel Group, saw its shares soar by 7.5 percent on Monday, its first trading day after |
China Backs Australia's Cleaner Iron Ore Project
[Ferro-Alloys.com]Chinese engineers who carved a railway through the Qinghai-Tibet Plateau and built the world's longest sea-bridge across Hangzhou Bay have a new challenge: developing a $3.4 billion project on Australia's remote Eyre Peninsula to meet increas... |
Plan to Lease Out Pakistan Steel Mills For 45 Years
[Ferro-Alloys.com] As Pakistan Steel Mills (PSM) continues to pile up liabilities, the government is considering leasing the country’s largest industrial complex to a private concern for 45 years under a revenue sharing arrangement, and laying off almost 5,00... |
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