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ArcelorMittal raises European flat steel offers

The increases are underpinned primarily by higher production costs.

Thursday, September 1, 2022

US Steel workers may stay as contract expires

The company plans to sell its USW-represented blast furnace steelmaking plant in Granite City, Illinois, to SunCoke by 2024.

Thursday, September 1, 2022

Vale settles 4Q iron ore pellet premiums much lower

The fall in premiums has not come as a surprise as weak demand continues to delay settlements for third-quarter pellet premiums, particularly among Japanese mills.

Thursday, September 1, 2022

Norwegian Elkem issued force majeure letters and stop/scale back production

Norwegian Elkem issued force majeure letters and stop/scale back production.

Thursday, August 25, 2022

FNI lower nickel ore exports in January-June

Its revenues during this period slipped by 15pc to $268.5mn in line with the lower sales, although its average selling price climbed to $39.21/wmt, up by 26.1pc from $31.10/wmt a year earlier.

Friday, August 19, 2022

Hoa Phat exports construction steel to Mexico for first time

Steel producer Hoa Phat Group has signed a contract to export 8,000 tonnes of rebar to Mexico, its first order from the North American country.

Thursday, August 18, 2022

Steel firms report declining profits in Q2

Many steel enterprises saw profits drop by up to 90% in Q2 of this year, amid plunging steel prices.

Thursday, August 18, 2022

Vale fined $17m for Brumadinho tailings dam disaster

The mining giant said it did not agree with the decision and would appeal within the next 10 days.

Thursday, August 18, 2022
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