First Quantum shareholder SailingStone told miner about ‘missed opportunities’

SailingStone Capital Partners, one of First Quantum Minerals’ FM.TO largest shareholders, said on Monday it had told the Canadian miner about historic “missed opportunities” in the management of its balance sheet and a range of options to bring down its leverage.

BHP CEO says ‘ship has sailed’ on potential acquisition of Canada’s Nutrien

Mining News Pro - BHP Group Ltd. (ASX: BHP) CEO Mike Henry is talking down the chances of acquiring Canadian fertilizer giant Nutrien Ltd. (TSX: NTR), as the world’s biggest mining company concentrates on building its own potash business instead.

Oleg Deripaska’s superyacht sails on as sanctions bite

Mining News Pro - Clio, a $65 million superyacht tied to Oleg Deripaska, the Russian aluminum billionaire whose connections to Vladimir Putin have put him on sanctions lists, is on the move again after being anchored off the Maldives.

Shipping acquisition sees Glencore set sail

Mining News Pro - Glencore has acquired a majority stake in Newcastle Coal Shippers as the final part of its Hunter Valley Operations joint venture (JV) with Yancoal in New South Wales.

SteelMint Webinars (5);

How is SAIL Overcoming the Challenges of COVID19 Pandemic?

Mining News Pro - The webinar is about how Steel Authority of India Limited (SAIL) could overcome the challenges made by coronavirus pandemic.

SAIL Pig Iron Auction Receives Good Response Over Reduced Base Price

Mining News Pro - Steel Authority of India Ltd (SAIL) conducted auction for around 1,800 MT steel grade pig iron today from its Rourkela steel plant (RSP). The auction witnessed active participation over reduction in base price by INR 700/MT (USD 10).

SAIL’s BSP Rolls Special Variety Steel for Satellite Launch Vehicles for Second Time in a Row

Mining News Pro - According to the latest reports, SAIL’s Bhilai Steel Plant (BSP) has rolled out a special variety of steel, maraging steel ‘MDN 250’ to be used in outer motors casing of satellite vehicles. Maraging steel is a steel alloy, containing up to 25% nickel and other metals, strengthened by a process of slow cooling and age hardening.

India: SAIL`s BSP Blast Furnace-8 Crossed 1 MnT Cumulative Hot Metal Production

Mining News Pro - State owned -Steel Authority of India Limited (SAIL), biggest and newly Blast Furnace-8 named Mahamaya in BSP (Bhilai Steel Plant) which was commissioned on 2nd Feb`18 has achieved to crossed 1 MnT mark in cumulative Hot Metal production on 18 Oct`18.

India: SAIL`s BSP Blast Furnace-8 Crossed 1 MnT Cumulative Hot Metal Production

Mining News Pro - State owned -Steel Authority of India Limited (SAIL), biggest and newly Blast Furnace-8 named Mahamaya in BSP (Bhilai Steel Plant) which was commissioned on 2nd Feb`18 has achieved to crossed 1 MnT mark in cumulative Hot Metal production on 18 Oct`18.

SAIL’s BSP Churns out 16,006 Tonnes of Hot Metal in a Day after Two Years

Mining News Pro - SteelMint has heard from its market sources that Bhilai Steel Plant (BSP) of Maharatna company SAIL has churned out best ever hot metal production of 16,006 tonnes in a single day after time period of two years. Last time the similar level of hot metal output (16,000 tonnes) was recorded on 28 June 2016.

India: SAIL RSP Hot Metal Output up 19% in H1 FY19

Mining News Pro - Rourkela Steel Plant (RSP), a unit of Steel Authority of India Ltd (SAIL) has posted its best ever production performance in all major areas in the April-September of the current financial year.

Pilbara Minerals’ first shipment from Pilgangoora sets sail

Mining News Pro - Spodumene concentrate being loaded for shipment from Pilgangoora. Image: Pilbara Minerals

India: SAIL’s Wire Rod Production Increased Sharply in August

Mining News Pro - India`s Wire rod production increased by 11% in which production of Large mills surge by 12% & Medium mills by 10% M-o-M in Aug’18, as per data compiled by Joint Plant Committee.

India: SAIL Increased Steel Prices for 2nd Time in September

Mining News Pro - The steel maker has raised prices in rebar along with flat steel by INR 500/MT (USD 7).

India: SAIL May Cancel Pig Iron Export Tender Amid High Domestic Realization

Mining News Pro - Steel Authority of India Ltd. (SAIL) - a Government of India Enterprise, had floated export tender for 18,500 MT pig iron from its Bokaro Steel plant. The tender put up was for steel making Pig Iron offered from Bokaro Steel plant has following specifications - C-3.8-4.6%, Mn-0.05-0.20%, S-0.020-0.10% , and P-0.10-0.20%.

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.

India’s SAIL Billet Export Tender Receives Good Response - Sources

Mining News Pro - Steel Authority of India - a government of India company had floated export tenders for 16,200 MT billet. The tender put up for Prime Mild Steel Non-Alloy Concast billets are 5,400 MT (125*125mm) offered from Durgapur Steel plant and 10,800 MT (150*150mm) from IISCO Steel plant and has following specifications - C-0.17-0.23%, Mn-0.5-0.9%, S-0.05% max, P-0.05% max and Si - 0.15-0.35%.

Update: SAIL Likely to Take Call on Billet Export Tender Next Week

Mining News - Steel Authority of India - a government of India company had floated export tenders for 10,800 MT billet from its Durgapur Steel plant. The tender put up for Prime Mild Steel Non-Alloy Concast billets (125*125mm) offered from Durgapur Steel plant has following specifications - C-0.17-0.23%, Mn-0.6-0.9%, S-0.05% max, P-0.05% max and Si - 0.15-0.35%.

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