Raw Materials
Latest News
JSW Steel Secures Two Iron Ore Mines at Auction
04 February 2020 - JSW Steel is gaining 980 million metric tons worth of iron ore reserves after winning government auctions for the mines, reports The (India) Economic Times.
Steel Recycler Expands Through Acquisition
20 January 2020 - Rivers Metals Recycling has closed on its acquisition of Kentucky-based scrapper Industrial Services of America Inc., Rivers Metals has said.
Sinosteel Acquires Australian Iron Ore Project
23 October 2019 - Mitsubishi Corp. is selling a nearly AUD$10 billion iron ore project and associated rail and port project to China’s Sinosteel, a development that could give Western Australia its next major iron ore exporting region.
U. S. Steel Idles Production Line at Minnesota Pellet Plant
22 October 2019 - United States Steel Corporation is idling a pellet line at its Minntac taconite plant in Mountain Iron, Minn., USA, on account of softening demand, reports The (Minneapolis, Minn.) Star Tribune newspaper.
Mesto to Deliver Steel Recycling Plant to Tata Steel India
26 September 2019 - Mesto Metal Recycling is to supply a Texas Shredder™ PS to Tata Steel in India. With this, Tata Steel is to be the first steel scrap shredding facility in India. Mesto was awarded with this order in the second quarter of 2019.
Chinese Scrap Imports Fall in August – to Zero
24 September 2019 - China in August did something it has not done at any time in the last 19 years – it did not import any scrap steel, a sign that the world’s largest steel-producing country could soon become a net exporter of scrap, reports the Bloomberg news service.
ArcelorMittal Acquires Canadian Scrapper
28 August 2019 - ArcelorMittal’s Canadian long products division is acquiring the assets of Quebec scrap recycler Legault Métal Inc. for an undisclosed amount.
Vale to Increase Dry Processing Capabilities
14 May 2019 - Brazilian iron ore miner Vale said it will invest the equivalent of US$2.5 billion over the next five years to expand its use of “dry” ore processing.
Sims Metal Unveils North American Growth Plans
11 April 2019 - Metals recycler Sims Metal Management said it plans to grow its North American ferrous recycling business by around 40% over the six years.
