NICICO Close to Reach 1.4billion USD Sales Rate

Mining News Pro - CEO of National Iranian Copper Industries Company announced that last month, they sold $201.6 million of their products.

MSC’s Manager of Safety, Health and Environment;

20 Environmental Project Executed with Total Investment of 153.8 Million USD and 18 Million Euros

Mining News Pro - In order to achieve further achievements in balanced development and environment, during last two years, Mobarakeh Steel Company has invested $153.8 million USD and 18 million euros. 20 environmental projects has been executed with this amount.

South Korea: Imported Scrap Offers from Russia Up by 15-20 USD

Mining News Pro - Russian scrap offers to South Korea increased significantly, according to recent release reports. Offers to South Korea up by USD 15-20/MT as against last week, however, no fresh bookings at these levels have been concluded as yet.

MSC: 300 Million USD of Revenue from Export

Mining News Pro - Mobarakeh Steel Company has succeeded to reach its goals in the first half of the year and this mean 69 percent of profit in steel market.

US-China trade war forces Ausdrill into financial rethink

Mining News Pro - Mining services company Ausdrill is dropping a previously announced refinancing plan due to ongoing heated trade debates between the United States and China.

Japan: Kanto Monthly Scrap Export Tender for November Fetches Bids Down USD 9

Mining News Pro - As per recent updates received from sources, ‘Kanto Tetsugen’- monthly ferrous scrap export tender for Nov’18 concluded today (on 9th Nov) in Kanto region in Japan.

Japan`s Tokyo Steel Cuts Scrap Purchase Price by USD 4-9

Mining News Pro - Japan’s leading EAF steel mini-mill - Tokyo Steel has reduced its scrap purchase prices after maintaining on higher side for almost one month.

Japan`s Tokyo Steel Cuts Scrap Purchase Price by USD 4-9

Mining News Pro - Japan’s leading EAF steel mini-mill - Tokyo Steel has reduced its scrap purchase prices after maintaining on higher side for almost one month.

China`s Shagang Steel Hikes Scrap Purchase Price by USD 9-12

Mining News Pro - As per reports, Shagang’s steel scrap prices have reached highest RMB 2700/MT mark, the first time so far in last one years` period.

Japan: Tokyo Steel Raises Scrap Purchase Price by USD 5/MT Except at Utsunomiya

Mining News Pro - EAF steelmakers in Japan have started with intense production operations with an optimism about high steel demand during ongoing autumn season. Increased demand for scrap amid tight supply is resulting in shoot up scrap prices in Japan.

Hormozgan steel sales growth exceeded 1,650 billion USD in the first half of this year

Mining News Pro - Hormozgan Steel released its first half-year sales and sales report, which earned 394,523,810 US dollars in the first half of the year, up 39% from the same period last year.

Japan: Kansai Scrap Export Tender for September Fetches Bid Down by USD 3

Mining News Pro - Kansai Tetsugen is an association of scrap dealers around Osaka region in Japan. It conducts monthly scrap export tender through which usually around 5,000-10,000 MT of H2 scrap get auctioned in Japan. As per updates received on this, Kansai scrap tender has conducted yesterday (21st Sept) for this month.

Iran, Russia and Turkey Likely to Eliminate USD in Trilateral Trade

Mining News Pro - Iran, one of the largest steel producer in MENA region is currently facing sanctions imposed by US.

AM-PM Roundup Gold Prices Pop As USDX Drops; U.S.-China Trade News Also Friendly

Mining News Pro - Gold prices are sporting decent gains in early-afternoon U.S. trading Wednesday. The yellow metal was under modest pressure overnight but prices started to move north as the U.S. dollar index moved south.

Mining services firm Ausdrill rises; releases report that gives nod to Barminco deal

Mining News Pro -

Indian Pellet Export Margins Rise USD 24 in Last Five Months

Mining News Pro - With rising iron pellet premium and strong overseas demand, Indian pellet manufacturers are having best of their time.

Japan: Kansai Scrap Export Tender for August Fetches Bid Up by USD 4

Mining News Pro - In line with a marginal rise in bids of Kanto Tetsugen scrap export tender, Kansai tender has also fetched bids up USD 4/MT M-o-M for Aug’18 in Japan.

Ausdrill acquisition of Barminco to create Australia’s second largest mining contractor

Mining News Pro - Ausdrill is set to acquire underground hard rock contractor and African joint venture partner, Barminco, in a deal worth $271.5 million.

Ausdrill-Barminco JV wins $220m mining services contract

Mining News Pro - African Underground Mining Services (AUMS) has strengthened its relationship with Roxgold in West Africa with a $US160 million ($219.6 million) contract in Burkina Faso.

Japan: Bids in Kanto Monthly Scrap Export Tender Edge Up by USD 5/MT

Mining News Pro - Amid strict quality control, tightened supply in summer and restocking ahead of Obon holidays Japanese scrap prices have turned strong.

Japan: Tokyo Steel Raises Scrap Purchase Price by upto USD 9/MT

Mining News Pro - Following rise in Japan’s monthly scrap export tender today for August month, leading EAF steel mini-mill - Tokyo Steel has announced hike in its scrap purchase prices further at all five plants. As per new price circular released, the steel manufacturer has raised prices by JPY 500/MT (USD 5) at Utsunomiya and Tahara plant while by JPY 1000/MT (USD 9) at three western Japan plants. Revised prices shall be effective from tomorrow i.e. 10th Aug’18.

China: Shagang Steel Hikes Scrap Purchase Price Further by USD 15

Mining News Pro - China: Shagang Steel Hikes Scrap Purchase Price Further by USD 15

Indian Sponge Iron Export Prices Down USD 5; Deals Reported

Mining News Pro - As per trade participants, recent small deals for sponge iron exports concluded to a Bangladesh based big mill with reduce prices by USD 5/MT.

The fall in coin and gold prices in the free market / USD stood at $ 8,000

Mining News - According to the declared ounces of gold in the global market, there was $ 1257, and the dollar on the black market was $ 8 thousand.

China invested USD 5 billion in Iran mining sector

Mining News - China has financed $5 billion of projects` cost in Iran’s mining industry sector. Iran Deputy Minister of Industry, Mining and Trade Mehdi Karbasian said that "Around $5 billion of China’s total finance of $20 billion in Iran has been allocated to the country’s mining sector.”

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