Gindalbie Metals Limited could very well be the next casualty of the continuing slump in iron ore prices.
Read more...The Indonesian government has revealed plans to determine a reference price for foreign steel.
Read more...In a bid to combat the over-capacity in steel and iron production, the northern province of Hebei, which produces a quarter of China’s steel, has pledged to cut down iron production by 10 million tonnes and steel by eight million tonnes.
Read more...China’s steel and coal producers enjoyed a continuing resurgence on the back of Premier Li Keqiang’s assurance that the impact of job cuts will be softened in the country’s bid to trim overcapacity.
Read more...The Boeing Company announced its fourth quarter results on January 7, tallying up 182 deliveries, which took the total number of planes delivered in 2015 to 762.
Read more...The British steel industry took yet another blow as Tata’s steelworks plant at Port Talbot, Britain’s largest steelworks, appeared to be in imminent danger of closing down, leaving its 4500 employees mired in an uncertain future.
Read more...Oil and mining companies that expanded during the community run-up last decade have already cut tens of thousands of jobs and postponed billions of dollars’ worth of projects in the face of ongoing commodities tumult that erased billions of dollars in shareholder value.
Read more...Pangang Group, a Chinese steel manufacturer, faces renewed U.S. criminal charges over allegations that it attempted to obtain confidential trade secrets from DuPont and obtained access to hacked information from them.
Read more...Lloyd’s Register launched a goal-based Additive Manufacturing (AM) guidance notes to industry, giving operators and manufacturers in the energy and marine industries confidence in metallic equipment and components produced using AM.
Read more...Chinese iron ore futures dipped once again on 6 January, with an expected lowering in demand due to deepening output cuts by steel mills.
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