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METLEN expands bauxite sourcing with 11-year Rio Tinto partnership

Rio Tinto will supply METLEN with approximately 14.9 million tonnes of bauxite from the CBG mine in Guinea over an 11-year period, spanning from 2027 to 2037.

Friday, February 21, 2025

Brazil Steelmaker Gerdau Rethinks Mexico Mill after Trump Tariffs

Brazilian steelmaker Gerdau may opt to bump up its output capacity in the United States instead of building a new plant in Mexico, its CEO said on Thursday, as tariffs implemented by President Donald Trump shake up global trade.

Friday, February 21, 2025

Rio Tinto CEO weighs in on Trump’s aluminium tariffs

Rio Tinto CEO Jakob Stausholm has expressed caution regarding the potential impact of US President Donald Trump’s proposed 25% import tax on all steel and aluminium, stating that the ultimate effect on the company remains uncertain.

Friday, February 21, 2025

Metlen secures long-term strategic agreements with Rio Tinto for bauxite, alumina

Athens-listed industrial and energy company Metlen Energy & Metals has entered into two long-term strategic agreements with global mining major Rio Tinto, securing supply chain improvements in both bauxite and alumina.

Thursday, February 20, 2025

EUROFER: Downside factors persist, no relief in sight for the steel market outlook in the short to medium term

The economic and geopolitical conditions that have affected the European steel market over the past two years show no signs of improvement and have further deepened their negative impact on the sector in 2024.

Thursday, February 20, 2025

EUROFER: Economic and steel market outlook 2025-2026, first quarter

First quarter 2025 report. Data up to, and including, third quarter 2024.

Thursday, February 20, 2025

AISI Statement on President Trump’s Memo on Reciprocal Trade

Kevin Dempsey, president and CEO of the American Iron and Steel Institute, released the following statement on the memorandum issued by President Trump regarding reciprocal trade.

Thursday, February 20, 2025

Kumba posts lower earnings, dividend as steel demand weakened in 2024

Anglo American subsidiary Kumba Iron Ore has reported a 17% lower total dividend for the year ended December 31, on the back of steel market and iron-ore pricing dynamics.

Wednesday, February 19, 2025
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