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Transportation of ferrous metals for the month amounted to 494 thousand tons

Global molybdenum production rises while use falls in Q2 2024

Canada Nickel Company (TSXV: CNC) has received Canadian government backing for C$4.38 million in funding to support the development of the company’s Crawford nickel sulphide project in Ontario.

The global nickel market is poised for a larger surplus next year, driven by continued production expansion in Indonesia, Japan’s largest nickel smelter Sumitomo Metal Mining said on Wednesday.

The Steel Authority of India Limited (SAIL), the largest government-owned steel producer in India, and resources company BHP, are collaborating to support steelmaking decarbonisation.

The placement will comprise 200-million new shares at A$0.05 a share, as well as 210-million unlisted options with an exercise price of A$0.075.

AISI: US's Raw Steel Production in the week ending on October 5, 2024.

AISI: Steel Imports Down 2.2% in August vs. July.