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Iron ore on track to peak, but challenges remainOnce again, it is good times for the iron ore miners: global steel production through February 2017 is up 5.8 per cent over last year; prices remain buoyant; and, counterintuitively, China continues to make progress in reducing iron and steelmak More… |
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Ezz Steel invests $475m to boost outputEzz Steel, Egypt's largest steel producer, said on Sunday it was investing $475 million to set up a new billet production line and a direct reduced iron (DRI) plant. The firm will invest $75 million in a new billet production line to b More… |
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Qatar Steel to reach full capacity in '08Qatar Steel, a subsidiary of state-controlled Qatar Industries, will achieve full capacity this year following a major expansion, a report said. The company's direct reduction iron (DRI) production would surge to 2.3 million tonnes and mol More… |
