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Iron ore slides to over one-week low on lingering China demand ...
iron ore market singapore
Thu, 28 Mar 2024 00:00:00 GMT
Iron ore futures prices extended losses on Wednesday to their lowest levels in more than one week, pressured by persistent concerns about demand in top consumer China amid a lack of significan't policy measures to boost steel uptake. The most-traded May iron ore contract on Chinas Dalian Commodity Exchange (DCE) ended daytime trade 3.53% lower at 805.5 yuan ($111.43) a metric ton, the lowest since Mar. 19. The benchmark April iron ore SZZFJ4 on the Singapore Exchange was 2.1% lower at
https://www.hellenicshippingnews.com/iron-ore-slides-to-over-one-week-low-on-lingering-china-demand-concerns/


LIBERTY announces UK strategic steel plan after signing new creditor ...
gfg steel
Thu, 28 Mar 2024 00:00:00 GMT
LIBERTY today announces the strategic plan for its UK steel assets after signing a new framework agreement (the framework) with its major creditors. The new framework comes
https://libertysteelgroup.com/liberty-announces-uk-strategic-steel-plan-after-signing-new-creditor-framework-agreement/


Financial support for Poland from the EU could revive the Central ...
poland production steel
Wed, 27 Mar 2024 20:16:03 GMT
The Eastern European country's steel industry could benefit from increased production activity if the Polish government manages to secure nearly
https://metallurgprom.org/en/main/14795-finansovaja-podderzhka-polshi-ot-es-mozhet-ozhivit-centralno-evropejskij-rynok-stali.html


New, technological coke-oven machinery for voestalpine Stahl
austria coke danieli vai
Wed, 27 Mar 2024 15:01:55 GMT
Leading European steel producer voestalpine Stahl has awarded a contract for the supply of two new Coke Transfer Cars for its Coke Plant #1 in Linz, Austria to Danieli Corus and INperfektion. This equipment will replace the existing machinery in use at the coke side of the
https://www.danieli.com/en/news-media/news/new-technological-coke-oven-machinery-voestalpine-stahl_37_875.htm


U.S. Steel Agrees To Environmental Upgrades At Its Clairton Plant
steel usa
Wed, 27 Mar 2024 13:04:11 GMT
U.S. Steel Agrees To Environmental Upgrades At Its Clairton Plant
https://www.nasdaq.com/articles/u.s.-steel-agrees-to-environmental-upgrades-at-its-clairton-plant


CIS: steel output down in February 2024
production steel ukraine
Wed, 27 Mar 2024 07:39:00 GMT
In February, four CIS countries produced 6.7 million tons of steel, down by 2.5% YoY. In January, output totaled 7.2 million tons. Thus, over the first two months CIS countries produced 13.9 million tons of steel, down by 0.7% YoY. (Ukrainian
https://metalukraine.com/2024/03/27/cis-steel-output-down-in-february-2024.html


Primetals Press Release
china investment metals primetals
Wed, 27 Mar 2024 00:00:00 GMT
Chinese Steel Producer Orders Extensive Automation Solution to Improve Accuracy and Product Quality
https://www.primetals.com/press-media/news/chinese-steel-producer-orders-extensive-automation-solution-to-improve-accuracy-and-product-quality


Magna Mining signs offtake deal with Vale for Crean Hill project
exploration metals vale
Wed, 27 Mar 2024 00:00:00 GMT
Magna Mining (TSXV: NICU; US-OTC: MGMNF) has signed an offtake agreement with Vales (NYSE: VALE) base metals unit for the advanced exploration portion of
https://www.northernminer.com/news/magna-mining-signs-offtake-deal-with-vale-for-crean-hill-project/1003865454/


Anglo American South Africa iron ore mines assessed on responsible ...
anglo iron ore south africa
Wed, 27 Mar 2024 00:00:00 GMT
Anglo American South Africa iron ore mines assessed on responsible mining standard Wednesday, 27 March 2024 10:00 Anglo Americans Sishen and Kolomela iron ore mines in South Africa have been assessed against the IRMA comprehensive mining
https://www.globalminingreview.com/mining/27032024/anglo-american-south-africa-iron-ore-mines-assessed-on-responsible-mining-standard/


U.S. Sen. Sherrod Brown Visits Cleveland Works
labour nippon steel usa
Wed, 27 Mar 2024 00:00:00 GMT
Cleveland-Cliffs hosted U.S. Senator Sherrod Brown (D-OH) at its Cleveland Works Operation to speak against the potential sale of U.S. Steel to Nippon Steel. Sen. Brown, along with Cleveland-Cliffs Chairman, President & CEO Lourenco Goncalves, discussed their concerns about the impact of the sale on the health of the U.S. steel industry. Brown also toured the Cleveland-Cliffs Cleveland Works steel mill, met with workers, and discussed how to further support Ohio
https://www.clevelandcliffs.com/news/newsroom


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China Baowu plans to invest about $1 billion ...
baowu guinea iron ore
Wed, 31 Jan 2024 09:47:24 GMT
The world’s largest steelmaker, China Baowu Steel Group, has raised 10 billion yuan ($1.4 billion) through a bond issue, partly for the large-scale Simandou iron ore project in Guinea. Nasdaq reports this with reference to the company’s report on the Shanghai Stock Exchange. The capital raised through the issuance of three-year fixed-rate bonds with an … The post China Baowu plans to invest about $1 billion in the development of Simandou appeared first on


ArcelorMittal South Africa in Talks to Avoid Closing Operations
arcelormittal labour south africa
Tue, 30 Jan 2024 14:26:00 GMT
ArcelorMittal South Africa is currently engaged in discussions with the government and labor unions in a concerted effort to prevent


Why Rio Tintos Guinea iron ore project is starting after 27 years
exploration guinea iron ore rio
Wed, 10 Jan 2024 00:00:00 GMT
Rio Tintos Simandou project in Guinea could finally be making progress after 27 years of consecutive delays. Rio Tintos Simandou iron ore project in Guinea is finally taking off after almost three decades of holding the licence, government turmoil and coups. The project is expected to include two iron ore mines, a trans-Guinean rail line and a deep water port. The mining giant, registered in the UK, had first obtained a Guinean exploration licence for the Simandou mountains back in 1997




Asia Pacific Media Releases



Rio Tinto releases details of $8.5 billion of taxes and royalties ...
australia rio
Thu, 28 Mar 2024 00:00:00 GMT
MELBOURNE, Australia--(BUSINESS WIRE)-- Rio Tinto has published its 2023 Taxes and Royalties Paid Report, which details $8.5 billion of taxes and royalties paid globally during the year. This compares to $10.8 billion in 2022, which included around $1.5 billion of Australian corporate tax payments related to prior years. In Australia, which is home to almost half of the companys global


Iron ore slides to over one-week low on lingering China demand ...
iron ore market singapore
Thu, 28 Mar 2024 00:00:00 GMT
Iron ore futures prices extended losses on Wednesday to their lowest levels in more than one week, pressured by persistent concerns about demand in top consumer China amid a lack of significan't policy measures to boost steel uptake. The most-traded May iron ore contract on Chinas Dalian Commodity Exchange (DCE) ended daytime trade 3.53% lower at 805.5 yuan ($111.43) a metric ton, the lowest since Mar. 19. The benchmark April iron ore SZZFJ4 on the Singapore Exchange was 2.1% lower at


Primetals Press Release
china investment metals primetals
Wed, 27 Mar 2024 00:00:00 GMT
Chinese Steel Producer Orders Extensive Automation Solution to Improve Accuracy and Product Quality




North America Industry Headlines



Baltimore bridge collapse will block coal exports
coal trade usa
Wed, 27 Mar 2024 19:52:03 GMT
Last year, the United States exported about 74 million tons of coal, with Baltimore being the second-largest terminal for the


U.S. Sen. Sherrod Brown Visits Cleveland Works
labour nippon steel usa
Wed, 27 Mar 2024 00:00:00 GMT
Cleveland-Cliffs hosted U.S. Senator Sherrod Brown (D-OH) at its Cleveland Works Operation to speak against the potential sale of U.S. Steel to Nippon Steel. Sen. Brown, along with Cleveland-Cliffs Chairman, President & CEO Lourenco Goncalves, discussed their concerns about the impact of the sale on the health of the U.S. steel industry. Brown also toured the Cleveland-Cliffs Cleveland Works steel mill, met with workers, and discussed how to further support Ohio


Cleveland-Cliffs Hosts DOE Sec. Granholm, USW, UAW and IAM Union ...
Mon, 25 Mar 2024 00:00:00 GMT
Pictured (L to R): Donnie Blatt, USW Director District 1, Lourenco Goncalves, Cleveland-Cliffs Chairman, President & CEO, and Sen. Sherrod Brown







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