Grede Foundry in Berlin is laying off 77 workers as of July 1, representing 36 percent of its workforce.

Managing director of family firm Joseph & Jesse Siddons, Andrew Siddons, said that the investment being planned at its two foundries at Howard Street in Hill Top, West Bromwich, would secure the jobs of the 90 people that are currently employed on the site.

Concept and Planning Restricted the Development of Nuclear Power Industry

China's banking regulator has told local authorities to investigate iron ore financing conditions to better guard against risks, prompting a slump in iron ore futures prices that analysts say will lead to a reshuffle in the industry.News surfaced that the Chin...

[Ferro-Alloys.com] TMK, Russia's largest maker of steel pipes, said first-quarter shipments fell 3 percent year-on-year to 1.02 million tonnes and forecast a marginal decrease in shipments for 2014.

[Ferro-Alloys.com] Mining giants Anglo American posted an increase in its iron ore and copper production in the first quarter of 2014, broadly in line with analysts’ forecasts, but its platinum output slumped, hit by a strike at its South African operations.

[Ferro-alloys.com] India's Supreme Court has lifted a ban on iron ore mining in the western state of Goa, but limited extraction to 20m tonnes a year.

World crude steel production for the 65 countries reporting to the World Steel Association (worldsteel) was 141 million tonnes (Mt) in March 2014, an increase of 2.7% compared to March 2013.