March 2017

Arch Coal Increases Equity Ownership in Strategic Export Facility

Coal, Coking Coal, commodities, News, Uncategorized /

[av_heading heading=’Arch Coal, Inc. is a U.S.-based top coal producer for the global steel and power generation industries. Arch operates a streamlined portfolio of large-scale, low-cost mining complexes that produce high-quality metallurgical coals in Appalachia and low-emitting thermal coals in the Powder River Basin and other strategic supply regions’ tag=’h3′ style=’blockquote modern-quote’ size=” subheading_active=’subheading_below’ subheading_size=’15’ […]

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SAIL’s crosses a new milestone with new Bhillai furnace, hot metal capacity rises to 7.5 million tonne

commodities, Metals, News, Steel /

[av_heading heading=’Steel Authority of IndiaBSE -0.17 %‘s Bhilai Steel Plant crossed a significant milestone on Tuesday with the lighting up of the stoves of the plant’s new furnace which is slated to take its post modernisation hot metal capacity to 7.5 million tonne’ tag=’h3′ style=’blockquote modern-quote’ size=” subheading_active=’subheading_below’ subheading_size=’15’ padding=’1′ color=” custom_font=”][/av_heading] [av_textblock size=” font_color=”

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Steel Secretary wants to cap iron ore prices that ‘move like Sensex’; miners cry foul

Metals, Steel /

[av_heading heading=’While steel secretary Aruna Sharma hinted at regulating iron-ore prices that “move like the Sensex” speaking to a TV channel, the producers of this key raw material for steel-makers have denounced the move as “bogus and foolish.” Given that miners lay hands on iron-ore reserves by bidding for them and assuming market-determined pricing, it

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