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Brent crude and iron ore prices tumble
2015-12-08 19:40:20| BBC News | Business | UK Edition
Global markets suffered a rout in commodities on Tuesday as Brent crude fell below $40 a barrel and iron ore prices hit a 10-year low.
Nippon Steel to buy 1.8-2.6 mln T/year of iron ore from India
2015-12-04 20:54:58| Steel - Topix.net
Dec 4 Nippon Steel & Sumitomo Metal Corp , Japan's biggest steelmaker, said on Friday it had renewed a contract to buy 1.8-2.6 million tonnes of iron ore annually from India's state-owned Metals & Minerals Trading Corp over three years. The deal follows the approval by India's cabinet in June to renew a long-term contract between MMTC and Japanese steelmakers for the supply of high-grade iron ore, despite growing pressure in India to use its natural resources to meet domestic needs.
Winnebago to Build Diesel Coaches at Ore. Plant
2015-12-02 07:14:59| Mobile Homes - Topix.net
Winnebago Industries Inc. announced its purchase of motorhome production facilities and equipment in Junction City, Ore., confirming an earlier report by the Register-Guard . In total, the investment to support the expansion is estimated to be between $15-20 million, including land, buildings, necessary modifications, production equipment and technology infrastructure.
What Is Essar Steel Doing In Minnesota? Is More Iron Ore Necessary?
2015-11-12 13:29:46| Steel - Topix.net
Except for the well connected in India's iron ore and steel circles, very few know, or care, about the going-ons around Essar Steel 's proposed US iron ore pellet production facility in Minnesota. But in the US, it continues to hit the headlines regularly.
Tags: more
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steel
iron
NASDAQ to Launch Scrap, Iron Ore, HRC Futures
2015-10-15 17:37:49| Steel - Topix.net
The NASDAQ Commodities Exchange is preparing to launch index futures contracts for U.S. shredded steel scrap and iron ore CFR China in November, followed by U.S. hot-rolled coil and other products in December. All contracts will be financially settled, meaning no physical delivery, against TSI Indexes.
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