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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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Regional News and Industry Developments


Middle East Announcements



IMIDRO invests $32m to develop infrastructure in mining zones
imidro iran
Tue, 12 Mar 2024 18:00:04 GMT
TEHRAN - The Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) has invested more than 16.285 trillion rials (about $32 million) for the development of infrastructure in the countrys mining zones in the first 11 months of the current Iranian year (ends on March


Global scrap prices fall under pressure from uncertainty in the ...
market scrap turkey
Tue, 12 Mar 2024 00:00:00 GMT
Turkish steelmakers have suspended purchases


Another Danieli rolling mill for quality rebar
danieli iraq
Sun, 10 Mar 2024 19:01:55 GMT
Iraqi company Muhaj Baghdad awarded Danieli the contract for a new, 500,000-tpy rolling mill plant for rebar.




Europe Media Releases



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


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


The EU allocated 3 million euros for the laid-off German employees ...
germany labour steel
Wed, 27 Mar 2024 20:14:03 GMT
The European Commission has offered to support workers laid off in the German steel industry...




South America Industry Headlines



Vale selected by US Government to begin award negotiations for ...
iron ore vale
Tue, 26 Mar 2024 00:00:00 GMT
Vale selected by US Government to begin award negotiations for briquette plant Tuesday, 26 March 2024 10:00 Vale has been selected by the US Government to begin award negotiations for the development of an iron ore briquette


Anglo American acquires Brazil iron ore resource
brazil iron ore vale
Thu, 22 Feb 2024 00:00:00 GMT
Anglo American acquires Brazil iron ore resource Thursday, 22 February 2024 12:00 Anglo American has agreed to acquire the Serra da Serpentina iron ore resource owned by Vale SA into its Minas-Rio mine in


Vale Aims to Partner with Hydnum Steel on Green Steel Initiative ...
ghg spain steel vale
Fri, 09 Feb 2024 18:13:00 GMT
Brazilian mining company Vale has entered into a memorandum of understanding with Hydnum Steel, a Spain-based company, to collaborate







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