essar steel minnesota iron ore project

Essar Steel Algoma has hired restructuring advisers, sources say

Price of steel in North America has fallen by more than 33 per cent in the past year

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Essar places big bet on US iron ore

Mumbai-based group to spend $19bn on Minnesota mining and processing facility

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Minnesota Governor opposes state funds to Iran-tied company

Minnesota Governor opposes state funds to Iran-tied companyMinnesota Governor Tim Pawlenty said today that Essar Global has committed to fully comply with all US and international law, including those prohibiting certain investments in Iran,.

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Steelmaker ArcelorMittal: 3Q operating profit doubles on rising steel volumes

AMSTERDAM - ArcelorMittal SA, the world's largest steelmaker, says operating profits rose strongly in the third quarter on improved European operations and higher steel volumes, despite a decline in iron ore pricThe Luxembourg-based company.

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Nippon Steel H1 profit inches up on low iron ore costs

TOKYO, Oct 30 (Reuters) - Nippon Steel & Sumitomo Metal Corp , Japan's biggest steelmaker, said on Thursday its first-half recurring profit rose 15 percent .

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Nippon Steel H1 profit inches up on low iron ore costs

TOKYO, Oct 30 (Reuters) - Nippon Steel & Sumitomo Metal Corp , Japan's biggest steelmaker, said on Thursday its first-half recurring profit rose 15 percent .

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Insolvent Essar Steel Algoma accepts bid for assets; value not disclosed

SAULT STE MARIE, Ont - Essar Steel Algoma says it has agreed to a joint bid for its assets by a consortium of bidders formed by New York-based KPS Capital Partners LP and a number of its term lenders

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Iron ore, steel lead China commodities retreat as curbs bite

By Manolo Serapio Jr and Ruby Lian MANILA/SHANGHAI, April 27 (Reuters) - A major Chinese commodities exchange took further steps to calm volatile markets on .

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Essar places big bet on US iron ore

Mumbai-based group to spend $19bn on Minnesota mining and processing facility

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China imposes fresh curbs on commodities as iron ore, steel slide

By Ruby Lian and Manolo Serapio Jr BEIJING/MANILA, April 26 (Reuters) - Chinese commodities exchanges stepped up efforts on Tuesday to curb surging prices th.

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Small companies round up: Beowulf mining's Kallak iron ore project rises

A BULLISH resource update from its Kallak iron ore project in Sweden lifted Beowulf Mining 003p to 188p, while driver fatigue-monitoring systems firm Seeing Machines accelerated ¼p to 613p after a £57million fundraising

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Ruling disqualifies Essar Group from buying Essar Algoma

The company has been revealed as the unidentified bidder ruled out as a potential buyer of the steel maker it put into creditor protection last November, sources say

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Group led by Essar shareholders says it's bidding for US Steel Canada

HAMILTON - A consortium led by Essar Global shareholders is making an offer to buy US Steel Canada, formerly known as Stelco, which has been seeking a buyer under a lengthy court-supervised process

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Rio Tinto flags rise in iron ore output

Miner projects 68% lift this year even as prices slide and China steel production falls

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Essar Steel Algoma lenders to invest US$425 million in struggling steelmaker

SAULT STE MARIE, Ont - Essar Steel Algoma Inc, which is operating under court protection from creditors, has submitted a restructuring plan that would see its lenders invest up to US$425 million in the financially strapped steelmaker

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China steel, iron ore correction may be nearly over: Russell

By Clyde Russell LAUNCESTON, Australia, May 16 (Reuters) - Commodity markets like to throw up little ironies, the latest being China's steel futures having t.

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Canadian mining company shifts from iron-ore exploration to selling eggs amid commodity rout

The iron-ore business is so lousy that one Canadian mining company is shelving its biggest project and starting a new venture: selling Australian eggs to China

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Essar Steel Algoma files for creditor protection as commodity prices bite

Essar Steel Algoma is the second biggest steel producer in Canada and the largest employer in Sault Ste Marie, Ont, with close to 3,000 employees

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Baffinland Iron Mines preparing for ore shipments

Baffinland Iron Mines Corp's Mary River mining project is geared to produce 35 million tonnes of treated ore annually for a total investment (including the shipping port at Milne Inlet) of about $750 million

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Iron ore, steel lead China commodities retreat as curbs bite

By Manolo Serapio Jr and Ruby Lian MANILA/SHANGHAI, April 27 (Reuters) - A major Chinese commodities exchange took further steps to calm volatile markets on .

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