SteelOrbis: mining Accurate steel prices, latest steel news, massive database of steel companies, comprehensive coverage of steel markets, and online steel trading. 2014-12-18T08:28:33Z SteelOrbis 2014-12-18T08:28:33Z en NMDC urged to more than double iron ore output within five years 2014-12-17T08:54:35Z 2014-12-17T08:54:35Z Indian Ministry of Steel and Mines has urged NMDC to enhance its iron ore production to 75 million mt by the financial year 2018-19. 2014-12-17T08:54:35Z Metalloinvest completes another stage of modernization at MGOK 2014-12-16T16:03:35Z 2014-12-16T16:03:35Z Metalloinvest has reported that its mining subsidiary Mikhailovsky Mining and Processing plant has completed reconstruction of the main conveyor M1. 2014-12-16T16:03:35Z Australia expects iron ore price at $60/mt over next two years 2014-12-16T09:30:25Z 2014-12-16T09:30:25Z The Australian government expects the iron ore price to be US$60/mt on FOB basis over the next two years. 2014-12-16T09:30:25Z China’s fixed asset investments up 15.8 percent in January-November 2014-12-12T15:35:21Z 2014-12-12T15:35:21Z In January-November this year, total fixed asset investments in China amounted to RMB 45.1068 trillion ($7.346 trillion), up 15.8 percent year on year 2014-12-12T15:35:21Z BHP Billiton ships one billionth mt of iron ore to China 2014-12-12T08:20:58Z 2014-12-12T08:20:58Z BHP Billiton announced on Friday, December 12 that the company has shipped its one billionth metric ton of iron ore to China. 2014-12-12T08:20:58Z Metinvest's Azovstal sees reduced output in January-November 2014-12-11T15:55:17Z 2014-12-11T15:55:17Z Azovstal saw a 19.4 percent decrease in crude steel production to 3.33 million mt and a 24.5 percent decline. 2014-12-11T15:55:17Z BC Iron’s Nullagine JV returns to 6 million mt per year run rate 2014-12-11T13:43:47Z 2014-12-11T13:43:47Z BC Iron's Nullagine iron ore JV returned to an annualized run rate of 6 million mt during November after operational adjustments were implemented. 2014-12-11T13:43:47Z Coal mines in Russia’s Kuzbass region increase output by 3.9% in Jan-Nov 2014-12-10T16:07:06Z 2014-12-10T16:07:06Z Russia's biggest coal-mining region, produced 18.3 million mt of coal in November this year, up 6.4 percent year on year. 2014-12-10T16:07:06Z Ukraine's coal mining output down 19.2% in January-November 2014-12-09T15:53:23Z 2014-12-09T15:53:23Z In the January-November period of the current year, Ukraine's coal mining output decreased by 19.2 percent year on year to 61.498 million mt. 2014-12-09T15:53:23Z Northland Resources files for bankruptcy 2014-12-08T13:48:36Z 2014-12-08T13:48:36Z Northland Resources has announced that it will file for bankruptcy. 2014-12-08T13:48:36Z NMDC sees growth in iron ore output in April-November 2014-12-05T13:11:41Z 2014-12-05T13:11:41Z In April-November, NMDC produced 19.08 million mt of iron ore, registering an increase of 10 percent year on year. 2014-12-05T13:11:41Z Atlas Iron cuts 80 jobs due to sharp fall in iron ore prices 2014-12-05T09:15:35Z 2014-12-05T09:15:35Z Atlas Iron has cut approximately 80 jobs at its Pilbara operations and Perth office as a result of the sharp fall in iron ore prices. 2014-12-05T09:15:35Z Ukrainian rolled metal market to contract further in 2015 2014-12-04T14:55:12Z 2014-12-04T14:55:12Z According to Ukrainian mining and steel producing group Metinvest, the Ukrainian rolled metal market will shrink by 15 percent year on year in 2015. 2014-12-04T14:55:12Z Dannemora to decide whether to enter liquidation 2014-12-04T13:19:17Z 2014-12-04T13:19:17Z Dannemora Mineral will hold an extraordinary general meeting to decide whether the company will enter into liquidation or continue its operations. 2014-12-04T13:19:17Z Coal exports from PWCS up 1.5 percent in January-November 2014-12-04T10:07:26Z 2014-12-04T10:07:26Z 2014-12-04T10:07:26Z Cliffs Natural Resources sells coal assets to focus on iron ore 2014-12-04T09:49:09Z 2014-12-04T09:49:09Z Cliffs Natural Resources has entered into a definitive agreement to sell its Logan County Coal assets in southern West Virginia to Coronado Coal. 2014-12-04T09:49:09Z Vale reduces capital expenditure for 2015 2014-12-03T13:49:20Z 2014-12-03T13:49:20Z Vale has approved an investment budget of $10.17 billion for 2015. 2014-12-03T13:49:20Z Metinvest’s revenue down 14 percent in January-September 2014-12-03T07:43:06Z 2014-12-03T07:43:06Z Ukrainian mining and steel producing group Metinvest has announced its results for the first nine months of the current year. 2014-12-03T07:43:06Z NSSMC obtains mining license for new coal mining areas in Australia 2014-12-02T13:42:57Z 2014-12-02T13:42:57Z NSSMC has obtained a mining license from the New South Wales government for the development of new mining areas at the Bulga coal mine joint venture 2014-12-02T13:42:57Z African Minerals to shut down Tonkolili iron ore mine amid low prices 2014-12-02T10:06:07Z 2014-12-02T10:06:07Z African Minerals will put the Tonkolili iron ore mine in Sierra Leone on care and maintenance 2014-12-02T10:06:07Z Metinvest to lower iron ore transportation costs 2014-12-02T09:00:53Z 2014-12-02T09:00:53Z Metinvest has invested UAH 61 million ($4.05 million) in two new mining dump trucks with loading capacity of 220 mt. 2014-12-02T09:00:53Z Fortescue reduces capital expenditure guidance by half 2014-12-01T09:31:49Z 2014-12-01T09:31:49Z Fortescue has revised its projected total FY 2014-15 capital expenditure to US$650 million, down from the previous guidance of US$1.3 billion. 2014-12-01T09:31:49Z Rio Tinto postpones Silvergrass iron ore mine decision 2014-11-28T10:20:12Z 2014-11-28T10:20:12Z Rio Tinto announced that it has postponed investment decision on its greenfield Silvergrass iron ore mine until the third quarter of 2015. 2014-11-28T10:20:12Z Price of Brazilian small lump iron ore maintains downward trend 2014-11-27T21:56:12Z 2014-11-27T21:56:12Z 2014-11-27T21:56:12Z S. Africa's iron ore output up 38.3 percent in September 2014-11-26T10:26:43Z 2014-11-26T10:26:43Z On year-on-year basis, in September this year South African iron ore production increased by 38.3 percent. 2014-11-26T10:26:43Z Russia’s Metalloinvest posts lower net profit for Q3 compared to Q2 2014-11-25T15:56:06Z 2014-11-25T15:56:06Z Russia-based leading global iron ore and hot briquetted iron (HBI) producer Metalloinvest saw its net profit decline 2014-11-25T15:56:06Z Iron ore inventory rises slightly at Chinese ports 2014-11-25T14:36:53Z 2014-11-25T14:36:53Z Inventory of iron ore at 33 major Chinese ports amounted to 105.91 million mt, up 0.78 percent week on week. 2014-11-25T14:36:53Z Glencore forms coal JV with Peabody in Australia 2014-11-25T12:12:37Z 2014-11-25T12:12:37Z Peabody Energy has reached an agreement with Glencore to merge New South Wales coal operations. 2014-11-25T12:12:37Z Ukraine's black coal production down 22.9% in January-October 2014-11-24T13:11:35Z 2014-11-24T13:11:35Z In the first 10 months of the current year, Ukraine's black coal output decreased by 22.9 percent year on year to 39.8 million mt. 2014-11-24T13:11:35Z BHP Billiton to further cut costs at metallurgical coal unit 2014-11-24T10:16:31Z 2014-11-24T10:16:31Z BHP Billiton is targeting a further 10 percent reduction to below US$90/mt in unit costs at Queensland Coal in the financial year 2014-15. 2014-11-24T10:16:31Z