Steel Times International News
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18 Karnataka mines to restart – but not yet
CRU’s Indian office reports that the Indian Supreme Court’s hearing on 3rd September 2012 has concurred with the Central Empowered Committee (CEC)’s recommendations in its report published 29th August to allow 18 mines in Category A to re-start operations.
07 September 2012 -
China plans to invest $8.6bn in Indonesian mines
Three Chinese firms will invest US$8.6bn to build mineral processing facilities this year in Indonesia, a key supplier of metal ore to China, Industry Minister MS Hidayat said.
07 September 2012 -
Iron ore swaps volumes hit new records
The volume of iron ore swaps cleared on the Singapore Exchange (SGX) in August surged 42% on July (itself a record month) to 14.88Mt. The level of open interest on SGX also passed a notable milestone, exceeding 10Mt (20000 lots) for the first time on 30 August.
07 September 2012 -
Chinese coke output slowing
China, which has been the largest producer of coke, saw its growth in output decline sharply to 1.2% a drop of 18.6% y-o-y in July of 2012.
05 September 2012 -
Metalloinvest new HBI production facility
Siemens Metals Technologies and consortium partner Midrex Technologies, Inc. signed a contract with the Russian Metalloinvest Company to expand the hot briquetted iron (HBI) production at Lebedinsky Mining and Processing Integrated Works (Lebedinsky GOK) in Gubkin (Belgorod Region, Russia).
04 September 2012 -
Veracruz cargo handler uses customized dust suppression rig
An innovative stevedore and bulk distribution centre in Veracruz has developed a customized dust management system, with on-board generator, water tanker and high-efficiency atomized misting unit.
04 September 2012
