Hints and tips:
...Cleveland-Cliffs was founded in 1847 to mine iron ore in the Great Lakes region....
...“Unless it’s a real cast-iron critical hit, some of these titles have struggled to get traction.”...
...Brookfield and Cannon-Brookes’ non-binding offer would scrap plans for the demerger. An early sticking point will probably be price....
...Green steel sharply cuts carbon emissions by using clean hydrogen to power a refining process called direct reduced iron....
...Tesla has been under intense media scrutiny over its attempts to iron out problems in its manufacturing processes and hit delayed targets for its new Model 3....
...Collectively, these actions have helped support the price of aluminium, steelmaking ingredient iron ore, as well as zinc and copper....
...While the H-1B programme needed changes, it would be wrong to scrap it....
...The company also decided to scrap its progressive dividend policy....
...Prices have since risen to $195 a tonne CFR, while iron ore has fallen, but scrap seems to have further room to soften with mills well covered for scrap (and semi-finished steel) to the end of the year,...
...Owners scrap these ships earlier — at 15 years of age rather than 20 in the past — as their values fall. And ship prices are chasing falling steel prices into the abyss....
...Most of it heads to China to be processed into nickel pig iron (NPI), a cheap alternative to pure nickel....
...The results highlighted Rio’s dependence on its Australian iron ore mines, which generated more than 70 per cent of earnings before interest, tax, depreciation and amortisation in the period....
...The downgrade follows similar warnings from Deutsche Bank a few weeks before saying iron ore prices face headwinds because of slowing demand for steel in China as well as an abundance of scrap metal....
...In a research note, they wrote that low steel demand from China and an abundance of scrap metal were key threats to prices....
...Commodities exchanges have been racing to launch derivatives contracts linked to the steel market, as well as related commodities such as iron ore, coking coal and steel scrap, as they seek to profit from...
...All sleek lines and pristine wooden surfaces, Kaika is a teppanyaki establishment, where meat is grilled on a heated iron plate....
...The factory is intended to make steel bars using mini-mill technology – based on melting steel scrap in electric-arc furnaces....
...Although the data showed strong exports, indicating robust demand outside of China, imports of key commodities such as copper and iron were significantly lower....
...and scrap....
...Scrap, too, is important. Last year, it accounted for about a third of total copper supplies....
...Gold traded at around $920 a troy ounce in London, under pressure from a surge in gold scrap sales but supported by investors buying....
...Steel companies were relieved by BHP’s decision to scrap its Rio bid....
...Market participants added that the US government’s decision to scrap plans to buy toxic assets as part of the $700bn troubled asset relief programme bailout also sent a confusing message to the markets....
...Baoshan Iron & Steel rose 10 per cent to Rmb6.61 and Sinopec gained 10 per cent to Rmb9.94....
...Jimmy Cayne, former head of Bear, is a raffish card player from Chicago, who drove a cab, sold photocopiers and worked in scrap-iron, and then rose to the top at Bear Stearns by befriending bridge-playing...
International Edition