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Steel Producer

Posco’s India project again hit by delays in allocation of iron-ore reserves

South Korean steel producer Posco’s $10-billion Indian project, which has already been delayed by over a decade, was likely to suffer fresh setbacks following a tussle between the federal and provincial governments over the allocation of captive...
9th April 2014
Company Announcement

Further order from leading Italian steel producer PDF Available

Tenova TAKRAF Italy has been awarded a contract by ILVA S.p.A., the leading Italian steel producer, for the design and supply of a bucket chain continuous shipunloader for handling iron ore and coal at the ILVA steel plant in Taranto, Italy. ...
8th April 2014

India’s SAIL to appoint MDO for Chiria reserves

India’s largest government-owned steel producer Steel Authority of India Limited (SAIL) would seek bids from mine developer operators (MDOs) to develop its 1.8-billion tonne Chiria iron-ore reserves, in the eastern Indian province of Jharkhand....
7th April 2014

Bifurcation of Indian province scuttles plans for a captive iron-ore mine

The ongoing bifurcation of the southern Indian province of Andhra Pradesh has put a spanner in the plans of steel producer Rashtriya Ispat Nigam Limited (RINL) to secure a captive iron-ore mine in the region. The government of Andhra Pradesh had...
31st March 2014
Ferrous Metals

Thirteen new houses handed over to opencast mine employees

Evraz Highveld Steel and Vanadium plans to construct another 17 houses for its opencast Mapochs mine employees
JSE-listed integrated iron-ore and vanadium miner and South Africa’s second-largest steel producer, Evraz Highveld Steel and Vanadium, handed over 13 newly constructed permanent houses to employees last month at its opencast Mapochs mine, in...
28th March 2014

Zim miner, Chinese firm in $250m ferrochrome smelting plant deal

Zimbabwe's biggest chrome producer, the Zimbabwe Mining & Smelting Company (Zimasco), and China's Jilin Houyuan have signed an agreement that will see the latter investing $250-million in th a ferrochrome sintering plant in the Midlands town of...
7th March 2014

Kamistiatusset iron-ore project, Canada Restricted

The Canadian federal government has completed and approved the environmental assessment for the Kami iron-ore project, in western Labrador.
28th February 2014

Resources Watch Video Available

ArcelorMittal South Africa will review its mining strategy in light of its iron-ore settlement. Traditional communities should be seen as partners in mining communities, not rivals. And, Amplats returns to profitability, but warns of protracted...
14th February 2014

India’s SAIL secures approvals to start Gua mine expansion

The Steel Authority of India Limited (SAIL), the country’s largest steel producer, would start construction of a $748-million iron-ore project in the eastern Indian province of Jharkhand, after securing the forest and environmental approvals...
28th January 2014

India’s SAIL, ONGC to collaborate in CBM development

India’s oil exploration and production (E&P) major ONGC and Steel Authority of India Limited (SAIL) were planning a collaboration to explore coalbed methane (CBM) gas in captive coal blocks allocated to the steel producer. According to an ONGC...
6th January 2014
Ferrous Metals

Large iron-ore deposits in West Africa could improve Africa’s steel industries

Western and Central African countries, such as Gabon, Republic of Congo, Cameroon, Liberia, Guinea, Côte d'Ivoire and Sierra Leone, have significant iron-ore deposits, which are likely to strengthen local steel industries, said global diversified...
6th December 2013

Electronic iron-ore trading platform to expand product offering Video Available

Based on global iron-ore demand, electronic iron-ore trading platform globalOre Europe plans to introduce new iron-ore products in the near future, says globalOre Europe markets head Varun Dinodiya. He discussed the development of the company’s...
29th November 2013
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