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Shanghai material futures extended gains hitting a three-week high on Tuesday amid more initial production curbs in a key Chinese city while iron ore prices bounced back further as mills built stocks in front of ...
Turkey's July thermal coal imports fall to 11-month low of 2.02 mt
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Turkey's imports connected with bituminous thermal fossil fuel dropped to their lowest monthly quantity in 11 many weeks to 2. 025 zillion mt, an 8. 4% decline year on season and down 6% through June's four-month altitudes, following a bad times in Colombian fossil fuel shipments, according to...
Thu, 03 Sep 2015  10:51:14 AM
Eskom open to coal imports for new power stations
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Eskom is prepared to take importing coal intended for plants it however plans to fee, a coal conference heard on The following thursday.   Willem Theron, enterprise development manager regarding Eskom’s southern The african continent transmission group, said th...
Wed, 29 Jul 2015  10:54:47 AM
Hike in import duty on steel upsets EEPC
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The government’s go on to protect domestic metallic industry through enhanced import duty offers upset the design industry. It has since demanded how the duty drawback premiums be increased by 60 %.   If this is not done, then “engineering exports this sp...
Tue, 21 Jul 2015  10:34:06 AM
Mexico unveils new measures to protect struggling steel industry
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Mexico unveiled news measures to shield its struggling aluminum industry on Saturday as slack world-wide demand, oversupply by China and cheap imports from Paris have hammered steelmakers within Latin America’s next largest economy.   The measures come a month afte...
Thu, 09 Jul 2015  10:38:51 AM
India overtakes US as 3rd largest steel producer: Minister
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India has overtaken the united states to become the world’s third major steel producer and it is working towards reaching 300 million tonnes (MT) target yearly 10 years, Union Steel & Mines Minister Narendra Singh Tomar claimed today.   “So far Indian...
Wed, 08 Jul 2015  10:29:23 AM
US Confiscated Weapons Melted to Make Steel Rebar
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Around 5, 000 confiscated weapons will likely be melted and repurposed as steel rebar on Monday within an effort to reduce the amount of weapons in the Chicago area.   The CHICAGO County Sheriff's Division and Steelmaker Gerdau, the biggest recycler in the state ...
Tue, 07 Jul 2015  10:29:51 AM
Overweight rating on Coal India; Changing the future
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CIL looks much better positioned for development with low volatility compared to. coal peers. We have been now more convinced about its size growth and costs power. Receding government controls may help lift CIL’s margins and also returns.   (I) 31% Ebitda CAGR...
Mon, 06 Jul 2015  10:42:09 AM
Government mulls common coal trading platform for Coal India and private companies
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The government is focusing on a common coal trading platform with regard to Coal India as well as private companies which are likely to be offered lucrative hinders with prior clearances with regard to commercial mining.   The electronic platform might be an extensio...
Tue, 23 Jun 2015  10:30:46 AM


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