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By Tom Stundza Chicago Tube & Iron has relocated its Wisconsin Division from Milwaukee to a newly constructed 117,000 square foot metals distribution service center in Fond du Lac, Wis. [...]

Staff India's iron-ore exports rose 1.7% in the April to August period because of higher stimulus-driven demand from steelmakers in China. India's exports increased to 37.08 million metric tons in [...]

Staff With contract season upon us yet again, market watchers are speculating on just how much iron ore contracts between ore providers and Asian steelmakers would drop this year after [...]

By Tom Stundza Reliance Steel & Aluminum of Los Angeles has bought HLN Metal Centre 's processing and distribution operation in Singapore for $2.6 million. HLN Metal's core business is [...]

By Tom Stundza The $10 billion merger of Cleveland-Cliffs and Alpha Natural Resources has created a mining giant that now is the leading North American iron ore pellet producer and [...]

By Staff A closed port and ongoing iron ore contract negotiations put ocean charter rates off their peak in January. In mid-December mining giant Vale (formerly CVRD) announced it would [...]

By Staff Credit Suisse forecasts a worldwide iron ore supply deficit of between 20 million and 25 million metric tons in 2008 due to continued high demand from steel mills. [...]

By Tom Stundza A slew of global investment banks recently forecast that iron ore prices would continue to rise in 2008, boosted by strong demand from China. However, steelmakers in [...]

By Tom Stundza Mining company cleveland-cliffs of the U.S. and joint-venture partner Kobe Steel of Japan will construct a commercial-scale iron nugget production facility at the Empire Mine in Michigan's [...]

By Staff Iron ore prices will be up next year, but how far remains a question. Rio Tinto's CEO Sam Walsh says iron ore prices will rise for the fifth [...]

The article reports on the increases in supply of iron core despite of the fall on prices in the North America. Don Gallagher of Cliffs North American Business Unit said that the company will continue to ensure its production and inventory due to the signs of stabilization in the steelmaking industry in North America. It says that the production of iron core across the world grew by 3.6% in 2008 despite of falling demand in the fourth quarter of the year.

Open market sales of ferrous and nonferrous metals castings are expected to drop at least 7% this year to just under 16 million tons, the lowest purchasing year since 1997 [...]

The dramatic manufacturing slowdown has dried up demand for castings, forgings and powder metals parts a year after producers boosted capacity. What economist Irwin Keller now describes as 'an outright [...]

Atchison Casting Corp. is closing one of three steel foundries belonging to its Pennsylvania Foundry Group in Hamburg, Pa., and one of two iron foundries belonging to the PrimeCast unit [...]

Atchison Casting Corp. is closing its PrimeCast Inc. foundry unit in Beloit, Wis., and South Beloit, Ill., because of a slowdown in orders and rising energy prices, particularly natural gas [...]

Citation Corp. is installing an 800-ton casting machine at its Southern Aluminum facility in Bay Minette, Ala, The Birmingham-based company plans to market the semi-solid formed parts from the secondary [...]

A leading U.S. foundry is calling on the scrap industry to clean up its basic terminology-even terms like 'alloy-free'. 'There are substantial differences in what different companies mean by basic [...]

American Foundry Society has published its 10th edition of the 'Casting Source Directory,' which is available free to purchasing and engineering professionals involved with the design and/or specification of metal [...]

Revised data shows that open market sales of ferrous and nonferrous metal castings grew for the third straight year to 12.9 million tons, primarily because of sustained high demand from [...]

Inco Ltd., the largest western nickel producer, expects sales at its newly formed special products division to double over the next five years to $200 million. The new division, which [...]

Intermet Corp. has entered into an agreement to purchase Ganton Technologies, Inc. and Diversified Diemakers, Inc. The Michigan-based Intermet entered the agreement with JJM, LLC, Gantec II, LLC, and Cerberus [...]

Waupaca Foundry Inc. in Etowah, Tenn., will build a $95 million gray iron foundry to make brake drums, rotors, and other components for cars and light-, medium-, and heavy-duty trucks. [...]

Bayer Corp. and Bomanite Corp. have announced a joint venture providing a full line of products for the architectural concrete market made with Bayferrox iron oxide pigments. In the joint [...]

Global prices for iron ore pellets are down 13% from last year because of excess stockpiles and soft worldwide demand caused by reduced global steelmaking. Pellets, whether domestic or imported, [...]

Presents the result of the transaction price survey conducted by 'Purchasing' magazine in the United States. Comparison of prices of ferrous metals for the month of May and June 2003; National averages of energy prices; Quarterly averages of the price of various products from 2002 to 2005. INSETS: Energy-driven index is highest ever;HOT SPOTS.

Why foundries are stalled in neutral Modernization isn't enough to overcome the curse of overcapacity and competition from alternatives The high cost of raw materials slowed a buying surge in [...]

Rapidly increasing electric-arc steelmaking capacity could result in a shortage of direct-reduced iron (DRI) pellets, according to Jose Duarte Penido, president of Brazilian mining company Samarco Minercoa. In comments at the 1995 International Iron and Steel Institute meeting, Penido predicted that steelmakers will almost double their yearly use of DRI, to 51 million tons, by 2000. He fears that the iron fines needed to produce that much DRI may not be available., U.S. mini-mills Birmingham Steel and Georgetown Steel plan to build a $200 million direct-reduced iron (DRI) plant in Louisiana. The new facility will be capable of making 1.2 million tons [...]

Steel output will slide next year The International Iron and Steel Institute (IISI) if forecasting a second consecutive year of 'relatively modest' decline in world steel output. Reason: Slow end-use [...]

* Buyers can expect world demand for iron ore to remain strong in 2005 since global steel output is projected to continue expanding, says Fabio Barbosa, finance director for CVRD [...]

Contract specialists who are looking for a negotiation stance with suppliers of iron and steel forgings may have a small, albeit short-lived, opening. The iron and steel forgings industry (SIC [...]

The article presents a forecast of the supply-side economics worldwide for 2008. Credit Suisse predicts a worldwide deficit of iron supply by about 20-25 million metric tons due to continued high demand from steel mills. The world's biggest suppliers of tin could reduce exports in 2008 because of China's 10% export tax on primary refined tin. Meanwhile, Samsung will spend $853 million to increase production on its liquid crystal display panel lines in South Korea.

Reports that the 1998 world steel market slowdown impacted the production of direct-reduced iron (DRI) and hot-briquetted iron (HBI), according to Midrex Direct Reduction Corp. Output of DRI and HBI; Reasons for the downturn; Expected reversal; Opening of new DRI and HBI plants.

Reports on the United States steel and tube manufacturers' claim of unfair trade practices against South Korea. Trade violations; Below-market prices; South Korean policies limiting steel prices; US retaliation via tariffs and other trade restrictions; Pohang Iron and Steel; Holding down of steel sheets' domestic price; South Korean government ownership of stock in Posco.

The article reports that the lengthy outage of one of two Severstal North America Inc. iron-making blast furnaces will reduce the overall production of the steel mill by 35% in 2008. According to some officials, the blast furnace outage output reduction could last for 18-24 months due to a breach of the furnace's shell. Meanwhile, market analysts speculate that the shortage could force the company to defer shipments to smaller-volume customers to focus on major end users.

The article reports that a $235 million iron nugget plant will be constructed by the American company Steel Dynamics Inc. and the Japanese company Kobe Steel Ltd. to produce 500,000 tons of iron in Minnesota. The project represents the first technology innovation through patented iron nugget technology in the iron ore industry.

The article reports that mining firm Cleveland-Cliffs Inc. will construct a commercial-scale iron nugget production plant at the Empire Mine in Michigan. The 500,000 ton-year plant's production is expected to start commercial operation by early 2010. The facility will use Kobe Steel of Japan's patented ITmk3 ironmaking technology under a 10-year alliance deal.

The article reports that global investment banks predict that iron ore prices will continue to escalate in 2008, prompted by robust demand from China. Chinese steel manufacturers, however, expect raw material prices to remain stable in 2008. According to the China Iron & Steel Association, steel industry representative Baoshan Iron & Steel will begin discussions on iron ore prices for 2008 in November 2007 with the world's top three suppliers, CVRD, BHP Billiton Ltd. and Rio Tinto PLC.

Presents chart showing purchasing transaction price survey results. Product specification; Transaction prices and buyer's forecast related to ferrous metal; Data on nonferrous metal.

Presents a chart depicting the purchasing transaction price in the U.S. Transaction price for ferrous metals; List of non-ferrous metals; Price increase on chemicals.

Presents data on the transaction prices of various industrial goods in the United States as of December 22, 2000. Ferrous metals; Pulp, paper and paperboard; Energy; Chemicals; Plastics; Electronic components.

Provides a chart covering the transaction prices of different products in 1997 and 1998. Ferrous metals; Pulp, paper and paperboard; Plastics; Electronic components.

States that a system that scans a moving line of railroad cars to detect radioactive contamination in the steel scrap has been developed by Bethlehem Steel. Urges by the American Iron and Steel Institute, the Steel Manufacturers Association, and the Institute of Scrap Recycling Industry to implement tougher controls over sales of radioactive scrap; Number of accidental smelting instances that occurred between 1983 and 1996.

Announces that in an effort to research future steelmaking technologies, funding and laboratory agreements were given to American Iron and Steel Institute (AISI) by the Department of Energy and federal laboratories. Details on an agreement with the Steel Manufacturers Association (SMA) to investigate technologies for steel making; Information on the AISI-SMA partnership; What proposals are under consideration.

Reports that in order to defeat the world greenhouse gas reduction treaty adopted in December, 1997 in Kyoto, Japan the National Mining Association and the Aluminum Association have joined the American Iron and Steel Institute. Where the treaty was developed; Benefits of the treaty; Comments made by Alex Trotman, chairman of Ford Motors Incorporated; Deadline date for the United States to sign the treaty.

Focuses on a three-year cost-reduction field study of residential steel framing which was launched by the American Iron and Steel Institute. Aims of the study; Comments from Hank Mailand, director of the program; Information on the Institute.

Presents statistical information on transaction prices for various products. Information on ferrous metals, nonferrous metals, wood, chemicals, and other products; Prices for particular periods.

Reports on National Steel's plans for a direct-reduced iron (DRI) plant at its Keewatin, Minnesota, iron pellet plant. Cleveland Cliffs' plans; More electric furnaces by year 2000; Composition and uses of DRI; Taconite ore.

Reports on the success of the American Iron and Steel Institute's (AISI) pilot program to develop a more energy-efficient and environmentally friendly process for steelmaking. Possible introduction of a commercial demonstration project; Launching of the Steel Plant Waste Oxide Recycling and Resource Recovery By Smelting to determine the technological feasibility of converting steel plant wastes into pig iron.