- Contact Us
Northern Iron Corp.
Iron Ore News
Cliffs Natural Resources Inc. Starts Restructuring Process on Bloom Lake Mine
Cliffs Natural Resources Inc. (NYSE: CLF) announced the Bloom Lake General Partner Limited and certain of its affiliates have started restructuring proceedings in Montreal, Quebec, under the Companies' Creditors Arrangement Act.Continue reading...
Goa Mining Operations Remain Unattractive Despite Lifting of Ban
Mining Weekly reported that even though the ban on iron ore mining in the western Indian province of Goa has been lifted, the resumption of mining operations remains insignificant due to falling prices and the Indian government’s refusal to lower export taxes.Continue reading...
Iron Ore Price Drops to Five-year Low
Australian Mining reported that the iron ore price has sunk below US$65 per tonne for the first time since 2009. The metal has now lost 10 percent of its value since January 1, 2015.Continue reading...
Cliffs to Cut Quarterly Dividend to Save Cash
Cliffs Natural Resources Inc. (NYSE:CLF) announced that during Q4 2014 and the start of January 2015, it lowered its debt by more than $400 million.Continue reading...
Company Related Articles
Jan 29 2015Scrap, HBI/DRI, Pig Iron & Iron Nuggets Nucor’s DRI plant seen profitable by year-end Nucor Corp’s closely watched direct-reduced iron (DRI) facility in Louisiana, US...
Dec 10 2014Scrap, HBI/DRI, Pig Iron & Iron Nuggets US scrap imports hit 32-month high US ferrous scrap imports reached a 32-month high in October, as domestic consumers took advantage of a...
Dec 5 2014Table 6 is a snapshot of the market situation on 12/4/2014. Of the twenty seven indicators under consideration, the present situation of twelve are now positive by historical stand...
Nov 19 2014WORLD NEWS U.S. stock‐index futures were little changed, after benchmark gauges extended records yesterday, before the Federal Reserve releases minutes from its policy meeting and a report on ho...