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Iron ore climbs to multi-week high on lower shipments, hopes ...
iron ore market singapore
Tue, 16 Apr 2024 00:00:00 GMT
Iron ore futures prices extended their rise to hit the highest level in multiple weeks on Monday, bolstered by an obvious reduction in shipments and hopes that top consumer China will roll out more stimulus to prop up its economy. The most-traded September iron ore contract on Chinas Dalian Commodity Exchange (DCE) DCIOcv1 ended daytime trade 2.18% higher at 845.5 yuan ($116.80) a metric ton, the highest since Mar. 26. The benchmark May iron ore SZZFK4 on the Singapore Exchange was 1.31%

https://www.hellenicshippingnews.com/iron-ore-climbs-to-multi-week-high-on-lower-shipments-hopes-of-china-stimulus/

U.S. Steel (X) Shareholders Clear Transaction with Nippon Steel
nippon steel usa
Mon, 15 Apr 2024 12:31:09 GMT
U.S. Steel (X) Shareholders Clear Transaction with Nippon Steel

https://www.nasdaq.com/articles/u.s.-steel-x-shareholders-clear-transaction-with-nippon-steel

Analysts Estimate Nucor (NUE) to Report a Decline in Earnings: ...
nucor results usa
Mon, 15 Apr 2024 00:00:00 GMT
Nucor (NUE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key

https://www.zacks.com/stock/news/2255351/analysts-estimate-nucor-nue-to-report-a-decline-in-earnings-what-to-look-out-for

Iberian steel distributors remain cautious about market recovery
market portugal steel
Mon, 15 Apr 2024 00:00:00 GMT
Spanish and Portuguese steel distributor representatives foresee market conditions without major...

https://eurometal.net/iberian-steel-distributors-remain-cautious-about-market-recovery/

Thyssenkrupp Media Release
germany production steel tks
Fri, 12 Apr 2024 13:16:16 GMT
Thyssenkrupp to reduce Duisburg steel production capacity and cut jobs

http://uk.investing.com/news/stock-market-news/thyssenkrupp-steel-to-reduce-production-capacity-cut-jobs-3430283

Fortescue Ltd's (ASX:FMG) Stock Has Shown Weakness Lately But ...
fmg
Fri, 12 Apr 2024 03:41:42 GMT
With its stock down 5.8% over the past three months, it is easy to disregard Fortescue (ASX:FMG). However, the...

https://finance.yahoo.com/news/fortescue-ltds-asx-fmg-stock-034142616.html?.tsrc=rss

ICM opens Colorado pipe fabrication shop
fabrication steel
Thu, 11 Apr 2024 14:45:00 GMT
Industrial Constructors/Managers Inc. (ICM) has opened a steel fabrication facility next to its Pueblo, Colo., office that gives the company a dedicated space to expand its pipe fabricating capacity, reports Mile High

https://www.thefabricator.com/tubepipejournal/news/tubepipefabrication/icm-opens-colorado-pipe-fabrication-shop

Industrial production in Ukraine to grow by 5.9% y/y in 2023
production steel ukraine
Thu, 11 Apr 2024 10:00:00 GMT
Production at steel ore mining enterprises was hit the hardest

https://gmk.center/en/infographic/industrial-production-in-ukraine-to-grow-by-5-9-y-y-in-2023/

Steel Devt Minister Condoles Former Kogi Gov Over Passing Of ...
steel
Thu, 11 Apr 2024 00:00:00 GMT
The Minister of Steel Development, Prince Shuaibu Audu has extended his condolences to the former governor of Kogi State, Alhaji Ibrahim Idris and

https://sciencenigeria.com/steel-devt-minister-condoles-former-kogi-gov-over-passing-of-son/

POSCO-made K-Steel Series Part 3. POSCOs non-heat treatable steel ...
korea posco steel
Thu, 11 Apr 2024 00:00:00 GMT
POSCO-made K-Steel Series Part 3. POSCOs non-heat treatable steel for automobile CHQ

https://newsroom.posco.com/en/posco-made-k-steel-series-part-3-poscos-non-heat-treatable-steel-for-automobile-chq/

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Regional News and Industry Developments

Europe Announcements

Thyssenkrupp to cut steel output in Germany by around 20%
germany production steel tks
Sat, 13 Apr 2024 00:00:00 GMT
Germanys largest steelmaker, ThyssenKrupp, has revealed plans to reduce steel production by 1.5-2...

Thyssenkrupp Media Release
germany production steel tks
Fri, 12 Apr 2024 13:16:16 GMT
Thyssenkrupp to reduce Duisburg steel production capacity and cut jobs

German federation voices concern over worldsteel outlook
germany market steel worldsteel
Fri, 12 Apr 2024 00:00:00 GMT
Germanys steel demand will not gain noteworthy momentum before 2025 and will lag the economic...

Africa Media Releases

Belarus: BMZ to increase steel exports to Africa
steel trade ukraine
Mon, 01 Apr 2024 00:00:00 GMT
Belarus Iron and Steel Works intends to supply at least 200 thousand tons of steel to Africa in 2024. Last year, the company exported 140 thousand tons there. As of March, the company was already producing 200 thousand tons of steel per month. (Ukrainian

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

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

South Asia Industry Headlines

GIFT Nifty up 70 points; here's the trading setup for today's ...
india sail
Mon, 08 Apr 2024 00:00:00 GMT
Change in Composition of SAIL Board - Resignation of Indpendent Directo

JSW Steel Announcement under Regulation 30 (LODR)-Press Release ...
jsw production steel
Mon, 08 Apr 2024 00:00:00 GMT
JSW Steel reports its highest ever annual Consolidated Crude Steel Production of 26.43 Million tons surpassing its yearly production guidance

India proposes national iron ore exchange to tackle price anomalies ...
iron ore mali
Wed, 03 Apr 2024 00:00:00 GMT
A government-appointed panel has proposed setting up Indias first iron ore exchange to determine the domestic sale price of the key steelmaking raw material, according to a document reviewed by Reuters - and a source with direct knowledge of the matter. After the Ministry of Mines pointed out that some iron ore miners tried to keep the average sale price artificially low to pay lower royalties to the government, the federal government late last year formed a panel to work out an alternative

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