Category: News

Rio Tinto scales back, lowers iron ore guidance fo...

Rio Tinto, the world’s lowest-cost producer of iron ore, said its ultimate goal is to produce 360 million tons annually from Western Australia’s Pilbara region, which could occur sooner than thought. The company said the infrastructure expansion to …

Simulations lead to design of near-frictionless ma...

Prior to the computational work, Argonne scientists Ali Erdemir, Anirudha Sumant … sliding against a DLC-coated steel ball. The graphene-DLC combination was registering a very low friction coefficient (a ratio that measures the force of friction between …

China’s aftershock ripples through sales ...

French distiller Remy Cointreau SA, U.S. fast-food company Yum Brands Inc., U.K. luxury-goods maker Burberry Group Plc and South Africa’s Kumba Iron Ore Ltd. are among the companies taking a hit from China, where a monthlong rout in …

Deep Down Cut to Hold at Zacks (DPDW)

Deep Down’s proven services and technological solutions include distribution system installation support and engineering services, umbilical terminations, loose-tube steel flying leads … LLC and Deep Down Brasil Ltd. and Flotation Technologies …

Steel: Help Me Trade Cases, You’re My Only H...

China cold-rolled sheet trade cases might help the group temporarily, but we are not seeing anything on the horizon that would represent a meaningful positive catalyst for steel industry stocks. Maybe earnings from Steel Dynamics, whose shares are …

China’s Citic sells stakes in beverage joint...

The sale, pending approvals by regulators, will help Citic fulfil its plan to rationalise its vast portfolio of businesses that span financial services, property, oil and metals mining and processing, steel and … and Zhengzhou in Henan province.