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Rio Tinto provides Iron Ore update following Tropical Cyclone ...
australia iron ore rio
Fri, 24 Jan 2025 00:00:00 GMT
PERTH, Australia--(BUSINESS WIRE)-- Tropical Cyclone Sean delivered record rain along parts of the Pilbara coastline of Western Australia, impacting Rio Tinto rail and port operations. A railcar dumper at the East Intercourse Island (EII) port facility, which shipped 45 million tonnes of total Rio Tinto Iron Ore shipments in 2024, was flooded after the weather event passed the coast,


European Steel Association calls for urgent changes on EUs CBAM
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Fri, 24 Jan 2025 00:00:00 GMT
The European Steel Association, or Eurofer, called for major improvements ahead of the EUs Carbon Border Adjustment Mechanism launch in 2026, it said in a Jan. 22 statement. The industry body outlined an urgent need for a more effective yet simpler CBAM, and that any delay or launching it without the necessary improvements would further erode the competitiveness of the European steel industry. In order to prevent carbon leakage amid the phase-out of free allocations and the relocation


Northern European long steel market inhibited by weak demand ...
europe market steel
Fri, 24 Jan 2025 00:00:00 GMT
Demand for long steel remained weak in Northern Europe in the week to Wednesday January 22, with no...


JSW Steel Q3 Results: PAT plunges 70% YoY to Rs 717 crore
coal india jsw results
Fri, 24 Jan 2025 00:00:00 GMT
JSW Steel Q3 Results: The profit for the same period last year was Rs 2,415 crore. Revenue from operations too declined 1% YoY to Rs 41,378 crore. EBITDA for the quarter was Rs 5,579 crore, with a 13.5% margin as lower coking coal costs and higher volumes offset weaker steel prices. Consolidated crude steel production rose 2% YoY to 7.03 million tonnes, with Indian operations running at 91%


Iron Ore Prices Plunge After Trump Threatens 10% Tariff on China ...
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Thu, 23 Jan 2025 23:15:00 GMT
Iron ore prices and most base metals saw a significan't decline following comments from U.S. President Donald Trump, who warned of imposing


Primetals Press Release
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Thu, 23 Jan 2025 00:00:00 GMT
PLTCM Modernization by Primetals Technologies Future-Proofs Baosteels Operations


Steel Dynamics Reports Fourth Quarter and Annual 2024 Results
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Wed, 22 Jan 2025 22:00:50 GMT
Fort Wayne, Ind., Jan. 22, 2025 — Annual 2024 Performance Highlights: Second Highest Steel Shipments Of 12.7 Million Tons Net Sales Of $17.5 Billion, Operating Income Of $1.9 Billion, And Net Income Of $1.5 Billion Adjusted Ebitda Of $2.5 Billion And Cash Flow From Operations Of $1.8 Billion Strong Liquidity Of $2.2 Billion As Of


Southern States Machinery to host Steel Tech 2025
steel
Wed, 22 Jan 2025 14:07:00 GMT
Metal fabricating equipment provider Southern States Machinery will host its annual Steel Tech event March 18-20 at the companys Mooresville, N.C.,


Steel Dynamics (STLD) Q4 Earnings Top Estimates
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Wed, 22 Jan 2025 00:00:00 GMT
Steel Dynamics (STLD) delivered earnings and revenue surprises of 5.43% and 2.13%, respectively, for the quarter ended December 2024. Do the numbers hold clues to what lies ahead for the


New straightening line for large diameters at Acciaierie Venete
danieli investment italy steel
Tue, 21 Jan 2025 10:01:56 GMT
Italian steelmaker Acciaierie Venete has renewed its choice in Danieli Centro Maskin technology, ordering a second straightening line to be installed at Padova Works, in


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