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Asian raw material prices continue to gain
Asian raw material prices continued to develop positively on Friday, closing in part significantly higher. Chinese stainless steel prices rose. And the LME is once again trying to be more transparent.Asian raw material prices continue to rise.The Asian raw material... Read more
Iron Ore › Iron ore hits five-month high
The Kallanish KORE 62% Fe index rose by $1.01/tonne and the KORE 65% Fe index gained $1.64/t on Thursday to $123.51/dry metric tonne cfr Qingdao and $132.82/dmt cfr respectively. The KORE 58% Fe index inched up by $0.16/t to $109.13/dmt cfr.On the Dalian... Read more
Iron Ore › MMi Daily Iron Ore Index Report September 15 2023
CE I2401 iron ore contract closed up 2.33% at 879 yuan/mt today. Traders were motivated to ship goods and iron ore quotations were firm. The waitand-see sentiment among steel mills intensified, and the overall transaction atmosphere was sluggish. PBF at Shandong... Read more
Pig Iron › What is an arc furnace and how is it different to what's at Port Talbot's Tata steelworks now?
News of the pending introduction of arc furnaces and the potential loss of thousands of jobs at Port Talbot as a result has been met with growing worry from the community of Port Talbot and further afield.For years a debate... Read more
Foundry › EUROPEAN FOUNDRY INDUSTRY SENTIMENT, JULY 2023: HOPE ON THE HORIZON
EUROPEAN FOUNDRY INDUSTRY SENTIMENT, JULY 2023: HOPE ON THE HORIZON: FISI WITH FIRST INCREASE SINCE FEBRUARYThe European Foundry Industry Sentiment Indicator (FISI) records its first increase since February this year. Rating of 0.7 index points higher than in June, the... Read more
Industry › The Most Dangerous Jobs in America
Personal injury experts have revealed that Veterinary jobs are the most dangerous jobs in America.Veterinary workers have the most dangerous jobs in America.Bottled Water Manufacturing is the second most dangerous job.Ambulance services are the third. Personal injury experts have revealed that... Read more
Pig Iron › Two civilian ships leave Ukrainian port despite Russia’s Black Sea blockade
Two vessels blocked in the Ukrainian Black Sea ports due to the Russian invasion of Ukraine have left the Pivdennyi port in the Odesa Oblast and are sailing through a temporary corridor towards the Bosphorus Strait in the Republic of... Read more
fOUNDRY › Ukraine has nationalized a factory owned by a Russian senator in Konotop
The High Anti-Corruption Court has granted the Ministry of Justice's request to recover assets belonging to sanctioned Russian Federation Council senator Sergey Kalashnikov. The Security Service of Ukraine has reported this.This concerns the nationalization of 100% of the charter capital of... Read more
› Brazil closely monitoring evolution of Chinese economy: real estate sector
Brazil closely monitoring evolution of Chinese economy: real estate sector linked to iron ore exports.Brazil is keeping close track of events and performance of the Chinese economy, particularly those areas that might have an impact on the exports of the... Read more
Strrl › SMS GROUP AND STEEL AUTHORITY OF INDIA LIMITED (SAIL) JOIN FORCES TO DECARBONIZE STEEL PRODUCTION
SMS GROUP AND STEEL AUTHORITY OF INDIA LIMITED (SAIL) JOIN FORCES TO DECARBONIZE STEEL PRODUCTION IN INDIA• SMS group and SAIL have signed a memorandum of understanding (MoU) for developing processes to decarbonize steelproduction in SAIL’s plants• This objective aligns... Read more
