Ferrous Metals

TC Malhotra contributes to MetalMiner from New Delhi. Indian steel companies, already in the red this year, are likely to suffer a sharp fall in profit in the third quarter of the fiscal year because of high production costs and falling demand. A Business Line report notes that major steelmakers such as JSW Steel, Tata [...]

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[youtube]http://www.youtube.com/watch?v=u_wTCZ0fm4Y[/youtube] Recently, MetalMiner had the chance to sit down with Jennifer Diggins, Director, Public Affairs for Nucor Corp., and Roger Ferch, President at the American Institute of Steel Construction and Executive Director of the National Steel Bridge Alliance, in order to get an update on the Buy America legislation and its effect on US manufacturers. [...]

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Currency exchange rate volatility — or more accurately, disparity, in this case — has been coming up a lot, and metal buyers who source globally may stand to learn something from the results of an unlikely index. You probably already know that (on paper or in practice) China, India, South Africa and Malaysia are, based [...]

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2011 was a year plagued by bad weather — particularly in Asia and Australia — that impacted metals prices, and 2012 is starting off on the same foot. A series of Reuters reports details problems first in Australia, where tropical cyclone Heidi lashed the west Australian coast last Thursday with winds up to 75 mph, [...]

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Holy skillet” Illustration by Cast Iron Design Company How can we resist a business with the name of Cast Iron Design Company? It naturally feeds our biases of design and metal. Cast Iron Design Company was co-founded and is co-owned by Richard Roche and Jonathan Black. The two met at design school and have combined [...]

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Let’s talk about the steel market, shall we? We feel like we’ve neglected the steel market for so long that, before we get into any sort of forward-looking territory, a recap of some news should be in order. What the US Produced First things first: the domestic market seems to be on the up and [...]

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Before my flight back to Chicago this past Monday, my mom handed me a newspaper. You have to read the Titanic” article, Brianna. It will be worth your time. As perhaps the largest piece of historical metal to be discussed in the news this week, I couldn’t have agreed with her more. Thanks, Mom. Guernsey’s [...]

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Guest commentator TC Malhotra contributes to MetalMiner from New Delhi. India’s federal government hiked the export duty on iron ore to 30 percent from the previous rate of 20 percent. The Commerce Ministry has raised the export duty on both iron ore fines and lumps, effective Dec. 30, 2011. The government had raised export duties [...]

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