Alcoa will announce its first-quarter figures on Wednesday 8 April, and the market is expecting a solid start to the new financial year.  IG – Alcoa has made a big recovery since the credit crisis, but is in a stronger position after asset striping, slashing its dividend and restructuring. The largest ...

  NDTV – Tata Steel today said its joint venture Tata Steel Minerals Canada has acquired the remaining 49 per cent stake in the Howse iron ore deposit in Canada for close to Rs 25 crore. Tata Steel Minerals Canada Limited (TSMC), through its subsidiary Howse Minerals Limited today acquired the ...

  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 ...

  ِArabMetal – North America produced 348,039 tons of primary Aluminum in February 2015, down by – 3.64% compared to the production of 361,204 tons in February 2014. The majority of the decline due to lower production of the United States, in February 2015 to 129,626 tons, a decline by – ...

  ArabMetal – International Aluminium Institute (IAI) announced that the total world production of primary Aluminum up to 4.504 million tons February 2014, an increase of 10.1% compared to the production of 4.091 million tons for the same period of last year. According to production figures announced by the Institute, «Arab ...

  WorldSteel – World crude steel production for the 65 countries reporting to the World Steel Association (worldsteel) was 128 million tonnes (Mt) in February 2015, a 0.6% increase compared to February 2014.  China’s crude steel production for February 2015 was estimated at 65.0 Mt. The total production for January ...

WSJ – AK Steel warned Thursday 19 March, that it would swing to a loss in its first quarter, due to unexpectedly high levels of steel imports. Shares in the company, down nearly 30% this year, fell 7.6% to $3.88 in recent after-hours trading. The West Chester, Ohio-based steel producer ...

Reuters – The United States on Tuesday set preliminary duties on  line pipe from Turkey after finding they are produced using unfair government subsidies, but spared South Korean imports. The U.S. Department of Commerce said anti-subsidy duties on the pipe, used for oil or gas pipelines, would range from 3.76 ...

MiningWeekly – US-based aluminium and lightweight alloys producer Alcoa plans to curtail 443 000 t of alumina refining capacity at its Suralco plant, in Suriname. The NYSE-listed company, which earlier this month said that a review of its operations to cut costs could impact 14% of its global smelting capacity ...

  Platts – The precipitous decline in flat-rolled steel pricing in the US over the last four months is starting to show signs of a soft bottom, sources continued to say Friday. Platts maintained its daily hot-rolled and cold-rolled coil prices at $480-$495/st and $610-$630/st, respectively. All prices are normalized ...