Commodities will rally when the Fed cuts rates, Invesco says

Commodities usually rally when central banks cut interest rates, bolstering the case for going long raw materials in the coming months, according to Invesco Ltd.

4 percent jump in blast furnace section for ESCO

Mining News Pro - In the first six months of the current year, ESCO's blast furnace department achieved a 4% increase in cast iron production and a 7% increase compared to the same period last year.

60 percent jump in ESCO’s rebar export

Mining News Pro - From the beginning of the year, the export of ESCO’s rebar has grown by 60% compared to the same period in the previous year.

BHP averts strike at Escondida mine with preliminary union deal

Mining News Pro - Global miner BHP reached a preliminary deal with the supervisors’ union at its Escondida mine in Chile, avoiding a strike at the world’s largest copper deposit, the company announced late on Wednesday.

Allocation of 40% of ESCO’s budget to the production of knowledge-based products

Mining News Pro - CEO of Esfahan Steel Company said: 40% of the company's production budget this year has been allocated to value-added, knowledge-based and new products.

Codelco at risk of insolvency as debt grows, CESCO report says

Mining News Pro - Chile’s Codelco, the world’s largest copper producer, is at risk of insolvency due to rising costs and a growing debt pile stemming from projects that missed output targets, Chile’s Centre for Copper and Mining Studies (CESCO) said in a report seen by Reuters.

80 progress progress of the wastewater treatment plant project of ESCO

Mining News Pro - Due to its proximity to the desert, Isfahan province in Iran is exposed to water shortages, and considering that water is one of the main needs for steel production, in order to prevent water shortages and also reduce Water extraction from Zayandeh River, Esfahan Steel Company has always tried to solve its water needs through urban wastewater recycling.

ESCO develops activity in Khorasan Razavi

Mining News Pro - In a meeting between Esfahan Steel Company and Head of Industry, Mining and Trade Organization in Khorasan, the chief executive of the company said that they intend to develop their activity.

Development of ESCO’s smelting activity in Sangan region, Iran

Mining News Pro - Chief executive of Esfahan Steel Company said that this huge industrial complex is trying to create a hub for its supply of raw materials in Sangan region.

ESCO is planning to produce high added-value ingots

Mining News Pro - Esfahan Steel Company’s steelmaking department, in cooperation with other departments, produced 250x360 ingots.

ESCO’s role in domestic demand supply

Mining News Pro - Successful development and commercialization of new products is one of the basic factors in gaining a competitive advantage for any company.

ESCO focus on reducing the production costs

Mining News Pro - Chief executive of Esfahan Steel Company visited different sectioned of blast furnace unit.

BHP tries to avert strike at Escondida copper mine in Chile

Mining News Pro - The deal with Sindicato 1, which represents more than 2,000 workers, must still be approved by members of the union, which have been called to vote on it Monday.

Escondida mine workers announce strike amid labor demands

Mining News Pro - Union members will stop operations in all their shifts during the strike but will provide minimum services, Sindicato 1, which represents more than 2,000 workers, said in a statement.

Escondida mine conflict unresolved

Mining News Pro - A dispute between workers and Chile’s Escondida mine, the largest copper deposit in the world, remained unresolved on Tuesday as regulators reviewed the site following safety complaints, the union said.

Workers at Chile’s Escondida copper mine threaten to strike

Mining News Pro - Workers at BHP’s sprawling Escondida copper mine in northern Chile threatened on Wednesday to go on strike over what they described as safety concerns, the mine’s union said.

ESCO produces 12 new products

Mining News Pro - During a meeting with journalists, the chief executive of Esfahan Steel Company said that this company is ready for major constructional projects.

Supporting ESCO exports are the same as supporting national productions

Mining News Pro - Deputy of Iran’s Ministry of Economy and head of Iran’s Custom Administration were both present in an event held by Esfahan Steel Company and mentioned the important role of this company in the country’s economy.

A new record for ESCO in molten cast iron production

Mining News Pro - Esfahan Steel Company succeeded to produce 9805 tons of molten cast iron in the blast furnace section which is a new daily record for this company.

ESCO’s agreement with Kordestan province to supply iron ore

Mining News Pro - Esfahan Steel Company has signed a memorandum of understanding with the governor of Kordestan province in Iran in order to complete the iron ore value chain from exploration and extraction to complete mineral processing.

Union at Escondida mine threatens work stoppage

Mining News Pro - A union representing workers at BHP’s sprawling Escondida copper mine in Chile, the world’s largest copper mine, on Thursday threatened a work stoppage over what it claims are breaches in its collective contract.

Chile regulator fines BHP’s Escondida mine for damage in Salar de Atacama

Mining News Pro - Chile’s environmental regulator said on Thursday it had fined Escondida mine, controlled by company BHP, $8.2 million for damage caused by water extraction in the Salar de Atacama salt flat.

New record of producing N16 rebar for ESCO

Mining News Pro - ESCO had a new record of N16 rebar production with 3132 standards.

Chile’s November copper output falls amid drops from Codelco and Escondida

Mining News Pro - Chile’s total copper production in November fell by 0.6% year-on-year to 481,800 tonnes, due to drops from state-owned Codelco and the giant Escondida mine, the Chilean Copper Commission (Cochilco) reported on Tuesday.

New manager of planning and development has been assigned for ESCO

Mining News Pro - The chief executive of ESCO assigned the new planning and development manager for this company.

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