Iron ore price craters on Chinese steel output cuts

Mining News Pro - Iron ore prices tumbled on Friday, collapsing under the weight of China’s resolve to reduce steel output in line with its decarbonization drive, and slowing domestic demand for the construction and manufacturing material.

Iron ore price down on China’s forecasted steel output decline

Mining News Pro - Iron ore prices fell on Thursday, pressured by the prospects of a demand slowdown for the steelmaking ingredient in China.

Iron ore price regains ground as China steel margins recover

Mining News Pro - Iron ore prices rebounded on Monday after a five-day slump, due to a recovery in steel margins in China.

Iron ore price plunges on China’s move to cut steel production

Mining News Pro - Chinese iron ore price fell for a fourth consecutive session, down more than 7% to its lowest level in nearly three weeks, on prospects of more imports of the steelmaking ingredient and as demand eased on the government’s decision to cut production.

Monadelphous expands steelworks offering in WA

Mining News Pro - Monadelphous has acquired RTW Steel Fabrication and Construction, which offers services to mining, industrial and commercial projects across Western Australia.

Rio Tinto, POSCO join forces to cut steel sector emissions

Mining News Pro - Rio Tinto and POSCO, South Korea’s largest steel producer, have inked a memorandum of understanding to jointly explore, develop and demonstrate technologies to speed-up transitioning to a low-carbon emission steel sector.

Meeting to review the problems of Khuzestan Steel retirees with the presence of the CEO of this company

Mining News Pro - A meeting to review the problems of Khuzestan Steel retirees was held in the presence of Amin Ebrahimi, CEO, and members of the board of directors of the Khuzestan Steel Retirees Association.

Meeting between Khouzestan Steel and Deputy Minister of Roads and Urban Development

Mining News Pro - The Managing Director of Khuzestan Steel Company met with the Deputy Minister of Roads and Urban Development.

Oxin Steel: the country's top company in achieving a production leap

Mining News Pro - During a conference held in May 2021, Oxin Steel Company was announced as the top company achieving a production leap.

Iron ore price down on China steel output curbs

Mining News Pro - Benchmark Dalian iron ore is headed for its second consecutive weekly fall on Friday as China steps up efforts to curb output to meet its carbon emissions goal.

Oxin Steel Company: The key to complete KSC's steel chain

Mining News Pro - KSC has held a meeting with the presence of the chairman of the board, CEO, human resource manager and other managers of this company.

Acquiring Oxin Steel will complete KSC’s steel chain

Mining News Pro - KSC has held a meeting with the presence of the chairman of the board, CEO, human resource manager and other managers of this company.

Iron ore price correction delayed as global steel demand tops 2bn tonnes for first time ever

Mining News Pro - Iron ore prices climbed again on Friday to nearly $220 a tonne and back to within shouting distance of all time highs hit last month.

Dalian iron ore price falls for third session as China steel prices slump

Mining News Pro - Benchmark Dalian iron ore futures fell for a third straight session on Tuesday as a slide in steel prices in China spurred by signs of slowing demand dragged down the raw material.

Mobarakeh Steel Company is a pioneer in localization in the Iran's industry

Mining News Pro - It is about three decades that Mobarakeh Steel Company is in the frontline of localization.

Iron ore price retreats as steel slides and BHP shifts into gear at South Flank

Mining News Pro - Iron ore prices halted a two-day rebound as Chinese steel prices extended declines amid further government curbs and BHP prepares to start operations at its South Flank mine.

Iron-ore rebounds as China mills churn out steel at record pace

Mining News Pro - Iron-ore futures climbed back above $200 a ton as soaring steel production in China showed there’s no sign of the industry cooling despite government attempts to rein in output from last year’s record of over one-billion tons.

Human resource and technology are the advantages of Oxin Steel

Mining News Pro - Steel products, as a key element in development projects, have always received special attention from the authorities.

Iron-ore slumps again as steel hub asks mills to control surge

Mining News Pro - Iron-ore futures tumbled as China’s top steel-making hub ramped up efforts to control a dizzying surge in prices.

Iron-ore’s blistering rally sets sights on $200 as steel booms

Mining News Pro - A surge in steel consumption as the world emerges from its pandemic-induced slump is set to drive iron-ore to an unprecedented high as the biggest miners struggle to keep up with the frenzied pace of demand.

Iron-ore stretches gains on global steel demand recovery

Iron-ore prices in Asia pushed higher on Monday as strengthening global steel demand buoyed sentiment, and as Chinese steel mills continued to ramp up output despite the government's scrutiny of their compliance with stricter anti-pollution rules.

Iron ore price hits 10-year high on rising steel demand

Mining News Pro - Iron ore prices continued to climb on Friday despite concerns over environmental restrictions in China.

Oxin Steel: Steel sheet production tonnage record is broken

Mining News Pro - According to its CEO, for the first time, with the production of 735 thousand tons of wide steel sheet, Oxin Steel Company reached the highest production level in the last ten years.

The head of Oxin Steel Company was introduced

Mining News Pro - New head of Oxin Steel Company has been introduced according to a statement by the CEO of this company.

GFG Alliance defends Tahmoor Coal, OneSteel future

Mining News Pro - The collapse of German financier Greensill Capital has thrown the future of the GFG Alliance into jeopardy, with Australia’s Whyalla steel mill and Tahmoor Coal caught in the crossfire.

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