Category: News

Business plan for Samarco underway – Vale CF...

a key step toward resuming operations at the troubled iron ore mine. The Samarco mine has been paralyzed since 2015, when a tailings dam burst, killing 19 people and devastating a major watershed …

Alacero-59: Industry leaders and government inaugu...

Alacero – Cartagena de Indias, Colombia, November 06th, 2018. About 400 leaders and representatives of the global value chain will be discussing sustainability and competitiveness of the sector, new realities in global and regional trade and other major …

German bank wants guarantee over Zisco debt

German Development Bank (KfW) has engaged Government to guarantee the sovereignty of the $225 million debt, which it is owed by the Zimbabwe Iron and Steel Company (Ziscosteel) in case ZimCoke …

BHP facing multibillion-dollar lawsuit

This is about putting the claimants in control. In 2015, the Samarco iron ore mine in the Minas Gerais state in south eastern Brazil saw a dam collapse, killing 19 people and displacing 700. A torren…

Ukraine: Azovstal steel output down in January-Oct...

In January-October Azovstal produced 3.285 million tons of rolled metal, up by 4.4% YoY. Steel output dropped by 4%, to 3.424 million tons, but that of pig iron grew by 0.9%, to 3.149 million tons. In October Azovstal …

Russia: KMZ output up in January-October 2018

In January-October Kosaya Gora Iron and Steel Works increased ferromanganese sales by 2.3 thousand tons YoY, to 53.6 thousand tons. In 10 months the company produced 62 thousand tons of ferromanganese, up by 9.1 thousand tons. (Ukrainian metal)

Russia: Rusal net profit up in January-September 2...

In January-September Rusal received $1.549 billion of net profit, up by 98.1% YoY. The corrected net profit grew by 20.1%, to $873 million. Revenue reached $7.915 billion, up by 9.6%. In Q3 net profit increased by 46.3% QoQ, …