BMO bankers sent each other crude memes before they were fired

Junior bankers who were recently fired from Bank of Montreal’s metals and mining group used work-sharing platforms to circulate crude jokes and at least one obscene image, which were discovered during an internal investigation after another employee complained, according to people with knowledge of the matter.

Japan’s Jan-March crude steel output forecast to rise 1.7%

Mining News Pro - Japan’s crude steel output is forecast to rise 1.7% year on year in the first three months of 2024 because of healthy demand from automakers, the Ministry of Economy, Trade and Industry (METI) said on Tuesday.

Japan’s Jan-March crude steel output seen falling 4.0% year-on-year

Mining News Pro -Japan’s crude steel output in the January-March quarter of 2023 is forecast to fall 4.0% from a year earlier to 22.10 million tonnes, the Ministry of Economy, Trade and Industry (METI) said on Thursday.

11% growth in crude steel production in Mobarakeh-Sangan Steel Group

Mining News Pro - From the beginning of April to the end of June, the pellet production of Mobarakeh Steel Group (Mobarakeh and Sangan Steel Company) increased by 6.6 percent compared to the same period of the previous year to three million and 303 thousand tons.

China goes from driver to brake for crude oil, iron ore and copper

Mining News Pro - China has switched from driving global demand for major commodities to being a drag on growth, with July’s customs data confirming the weakening trend for imports of crude oil, iron ore and copper.

Achieving the highest crude steel production in the history of Mobarakeh Steel

Mining News Pro - During the 11 months of this year, MSC succeeded to produce 6,341,000 tons of crude steel and reach the highest crude steel production in the history of the company.

Crude market hit by coronavirus demand shock

Mining News Pro - The impact of the coronavirus has sent shockwaves across the oil market, says Oxford Economics, an independent global advisory firm.

China Crude Steel Output Up 8% Y-o-Y to 996 MnT in CY19

Mining News Pro - China’s crude steel output surpassed its previous record of last year and set a new benchmark this year by producing 996.34 MnT of crude steel in (Jan-Dec) CY’19 ascended by 7% as compared with 927.52 MnT in CY’18.

Imperial and Syncrude renew Worley`s contract

Mining News Pro - Imperial Oil and Syncrude Canada have extended Worley’s long‐term engineering and procurement services contract for an additional term of five years

World Crude Steel Output Down by 3% M-o-M in Nov’19

Mining News Pro - As per the data released by the World Steel Association (WSA), total steel production of 64 steel manufacturing nations stood at 147.79 MnT in Nov`19 move down slightly by 3% on a monthly premise as against 151.49 MnT in Oct`19.

Production Statistics of MSC for Crude Steel in H1

Mining News Pro - Mobarakeh Steel Company will produce 4.7 Mt of crude steel in the first half of this year while the domestic sale is 3.1 Mt and export sales are 750 thousand tons.

MSC Plans to Produce 8.5 Million Tons of Crude Steel

Mining News Pro - In order to supply the domestic demands, Mobarakeh Steel Group (Including Mobarakeh Steel, Hormozgan Steel, and Saba Steel) plans to produce more than 8.5 million tons of crude steel.

Iran Will Export 20 Million Tons of Crude Steel

Mining News Pro - CEO of Kaveh-Pars Mining Industries Development Company said in Iranian Steel Market Conference and Expo to Mining News Agency.

World Crude Steel Output Climbs 5% Y-o-Y in 9M CY18

Mining News Pro - According to the recent data released by World Steel Association (WSA) total crude steel production of 66 steel manufacturing countries has witnessed growth of 5% to 1,346.98 MnT in 9M CY18 (Jan-Sep’18) which was 1286.04 MnT in similar time frame of previous year.

Brent crude at highest since October 2014, Iran sanctions drive buying

Mining News Pro - Brent crude rose to a four-year high on Wednesday, as the market focused on upcoming U.S. sanctions on Iran while shrugging off the year’s largest weekly build in U.S. crude stockpiles and reports of higher Saudi Arabian and Russian production.

World Crude Steel Output Inch Down in August

Mining News Pro - According to the recent data released by World Steel Association (WSA) total crude steel production of 66 steel manufacturing countries witnessed marginal decline of 2% on monthly basis in Aug’18 to 151.74 MnT against 154.11 MnT in Jul’18.

China: Crude Iron Ore Production Down 66% During Jan-Aug`18

Mining News Pro - According to National Bureau of Statistics, China - world`s largest iron ore consumer and importer of iron ore has witnessed production at 519.99 MnT for Jan-Aug`18, down 66% as against same duration previous year (Jan-Aug`17) at 863.22 MnT.

China: Crude Steel Output Inch Down After Hitting Record High

Mining News Pro - After observing increase in last 9 months, China’s steel output has fallen in August.

India: JSW Crude Steel Output Up 5% in August

Mining News Pro - India’s largest steelmaker- JSW Steel has released their production results for the month of Aug’18 today. Company’s flat steel and long steel production remain largely stable in Aug’18.

World Crude Steel Output Inch Up 2% in Jul’18

Mining News Pro - According to the recent data released by World Steel Association (WSA) total crude steel production of 66 steel manufacturing inch up by 2% on monthly basis in Jul’18 to 154.57 MnT against 152.211 MnT in Jun’18.

23% increase in Iran`s crude steel production

Mining News Pro - In the first seven months of 2018, Iran and the world`s crude steel production increased by 23.6 percent and 5 percent, respectively, compared to the same period last year.

Brent crude per barrel today rose 24 cents to $ 72 and 52 cents

Mining News Pro - Brent crude per barrel today rose 24 cents to $ 72 and 52 cents. Brent`s oil price dropped more than 3 percent yesterday.

India - SAIL Crude Steel Output Inch Up Marginally in Q1FY19

Mining News Pro - Indian govt. owned steel mill - Steel Authority of India Limited (SAIL) announced its quarterly performance results for Q1FY19 today.The steel mill reported marginal increase in crude steel output however decline in saleable steel sales in first quarter of FY19.

World Crude Steel Output Up 5% in H1 CY18

Mining News Pro - According to the recent data released by World Steel Association (WSA) total crude steel production of 66 steel manufacturing increased 5% in H1CY’18 to 881.45 MnT against 842.36 MnT in H1CY’17. Similarly on Y-o-Y basis world crude steel output increases by 6% in Jun’18 against 143.09 MnT in Jun’17.

South Korea: POSCO Crude Steel Output Increases 7% in Q2CY18

Mining News Pro - South Korea steel major - POSCO announced its quarterly results for Q2CY18 yesterday (i.e. on 23 Jul’18).The major highlights of the results announced were as follows:

Esfahan Mobarakeh Steel co.
HOSCO
khuzestan steel
chadormalu Co.
ghadir neiriz co
IranAluminaJaajarm
sangan steel
ahan o fulad golgohar