Mining Technology –  United States Steel (US Steel) has announced plans to scale-down production and temporarily idle a portion of its Minnesota Ore Operations – Minntac plant in Mountain Iron, Minnesota. According to local union officials, this will come into effect from 1 June, resulting in job losses for ...

  Reuters – Nickel bounced off its lowest level in nearly six years on Wednesday as some investors, betting on price falls, locked in profits, but concerns about Chinese economic growth weighed on other base metals. Nickel has spiralled lower on worries about lacklustre consumption from the stainless steel sector, ...

  Reuters – Japan’s aluminium product demand, including for exports, is expected to grow 1.8 percent in the financial year starting April 1, backed by rising demand for cans for coffee beverages and a rebound in construction market, an industry body said. “Japanese economy is improving thanks to ‘Abenomics’ while ...

Al Ahram Weekly – Egypt's construction industry is gearing up for a marked increase in activity following announced plans to build a new capital at a cost of $45 billion, along with other major real estate projects worth over $12 billion. The projects were unveiled at last month's Egypt Economic ...

Reuters – China will aim to cut as much as 80 million tonnes of excess steel capacity in the next three years to tackle a massive supply glut that has plunged much of the sector into crisis, a government official said on Saturday. Speaking at an industry forum, Luo Tiejun ...

Reuters – Stocks of imported iron ore at ports in China, the world's biggest consumer, have stuck at or below the 100 million tonne mark since the start of the year. They look set to fall further as a protracted price slump drives away buyers. Inventories of the steelmaking raw ...

KhaleejTimes – The Abu Dhabi industrial strategy will focus on 13 industries in 2015 to boost economic growth, a report said. Top on the agenda would be high growth sectors of renewable energy, gas, semi-conductors, construction material and petrochemicals. Aviation, transport equipment, iron and steel, aluminium, plastics and food would ...

  EUROFER – The European Commission has imposed provisional anti-dumping duties of up to 25,2 % on stainless steel cold rolled flat products (SSCR) imports from PR China and up to 12,0 % on imports from Taiwan, following the complaint which was filed by EUROFER in May 2014.The Commission’s investigations ...

EconomicTimes – India's Mesco Steel has signed an initial agreement with Posco to set up a plant that would use the South Korean steelmaker's finexBSE 0.00 % technology to make steel.  The plant would come up at Mesco's facility at Jajpur in Odisha. This will help the local company venture ...

    Reuters – Chinese rebar futures rose to their highest level in nearly three weeks on Tuesday as tougher environmental checks forced some steel mills to curb production just when demand in the world's top consumer is expected to start picking up. Some steel mills in the northern Chinese ...