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Iron and Steel - OMAN - 
MISCO steel plant in Oman to become operational in 2015
Last Update:  12/12/2013 23:37:35

Muscat Daily - The UAE’s Moon Iron and Steel Company (MISCO) has announced that its billet manufacturing and rebars production facility in Oman is expected to become operational in 2015

According to Muscat Daily, the steel manufacturer has signed an agreement with Bank Sohar to help it procure a syndicate loan of US$270mn for the facility.

Bank Sohar would partly finance the project and approach local instit    [More...]

Iron and Steel - Australia - 
Rio Tinto Goes Ahead With $400m Iron Ore Expansion
Last Update:  29/11/2013 20:10:01

Mining  - Mining giant Rio Tinto announced Thursday it will invest $400 million to expand Australian iron ore mines in the Pilbara region, home to the world’s largest known reserves of the steel making material.

The move will allow the world’s second biggest mine    [More...]

Iron and Steel - World - 
"Developing Markets" Steel Price Market Roundup From Meps
Last Update:  26/11/2013 20:07:00

MEPS - The Brazilian steel industry remains upbeat over the general outlook for 2014. State-funded infrastructure projects and social housing developments are expected to play a prominent role in proceedings. The outlook for demand in the Russian Federation is unchanged. Local steelmakers are under pressure to reduce production targets into line with steel consumption rates. The distribution chain plans to persevere with conservative inventory lev    [More...]

Aluminium - UAE - 
Mubadala and DUBAL agree development approach for Guinea Alumina Corporation
Last Update:  25/11/2013 21:25:18

WAM - The Republic of Guinea, which has embarked on a new phase of its economic transformation with support from substantial foreign direct investment, today signed an agreement with Guinea Alumina Corporation (GAC), a joint-venture company owned by Mubadala Development Company and Dubai Aluminium (D    [More...]

Iron and Steel - China - 
Iron Ore Price Lifted By Strong Chinese Steel Growth
Last Update:  20/11/2013 21:04:22

Mining  - Global steel production rose 6.6% in October compared to output a year ago, with China again setting the pace for overall output. Steel production is a key indicator of activity in global industry and iron ore, the key steelmaking ingredient, is the second most traded commodity around the world behind crude oil.




 Popular News 
 EGYPT - Ezz Steel Production of finished products decrease by 3.35 percent and production close to 2.5 million tonnes        
 SAUDI ARABIA - HADEED SABIC increase in the production of crude steel during the first nine months of the year 2013        
 UAE - Mubadala and DUBAL agree development approach for Guinea Alumina Corporation        
 UAE - 25 percent increase in the production of Emirates Steel during the nine months of 2013        
 UAE - Emirates Steel Dispatches First Shipment of Structural Steel to the Americas        
 UAE - SENAAT and DUCAB joint venture to develop Aluminum rod mill        
 UAE - Emirates Steel Inks Iron Ore Supply Agreement With LKAB Provides Emirates Steel with Guaranteed Iron Ore Supply        
 OMAN - MISCO steel plant in Oman to become operational in 2015        
 UAE - REFCO opens new aluminium downstream plant at Jebel Ali Industrial Area        
 UAE - More than a billion $USA worth of sales "DUCAB" in 2012 and have been growing in foreign sales and continue her career in the investment and business development        
Iron and Steel - World - World crude steel production increased by 6.6%
Iron and Steel - World - Iron ore is hot right now
Copper - UNITED STATES - Rio Tinto, BHP a step closer to open US largest copper mine
Aluminium - NORWAY - Vale offers to sell its stake in Norsk Hydro
Iron and Steel - INDIA - Indian court eases iron-ore sales in western province of Goa
Copper - Australia - Study predicts Australia will lose 40% mining construction jobs
Iron and Steel - Asia - Japan, China and South Korea: The three major sources of steel import in ASEAN
Iron and Steel - GERMANY - Siemens VAI de-scaling plant re-optimised by RMI Pressure Systems 08
Iron and Steel - Australia - Iron ore price back to $137.10 a tonne
Aluminium - UNITED STATES - Alcoa stops short on supporting LME warehouse overhaul
Iron and Steel - KOREA (SOUTH) - Posco offers $1.4bn collateral for Roy Hill iron-ore project
Iron and Steel - Brazil - Brazil mining giant Vale reports third quarter net sold 73.4-million tonnes of iron-ore
Copper - Chile - Chiles largest open pit copper mine goes underground
Aluminium - China - Chinese aluminium output is projected to hit a record 24 million tonnes this year
Copper - PERU - Southern Coppers $1bn Tia Maria mine to begin production in March
Iron and Steel - Australia - Port Hedland iron-ore exports to China hit record high in Oct
Aluminium - UAE - REFCO opens new aluminium downstream plant at Jebel Ali Industrial Area
Iron and Steel - China - China to further open its mining industry
Iron and Steel - China - China revives steel fastener trade dispute with EU
Iron and Steel - SAUDI ARABIA - HADEED SABIC increase in the production of crude steel during the first nine months of the year 2013



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