Iron ore price falls on worries of steel output cut in China

Minas Gerais Secretary said proposal falls short of the required environmental and social compensation for a tailings dam collapse that killed 19 people and contaminated waterways in two states.

While construction has faced headwinds, there are green shoots on the horizon, economist says.

China’s property market crisis is testing whether central bank Governor Yi Gang can stick to his stimulus-lite strategy.

Chief Executive Lourenco Goncalves said EV companies are going “all-in” on steel as they build out plans for the transition away from combustion-engine vehicles.

A majority-owned joint venture has signed an agreement that will pave the way to study and obtain a licence to explore the Belinga project.

The United States included MMK in its latest round of sanctions this month.

The IMF forecast that global growth could slow to 2.9% in 2023.

Softer numbers translated into depressed equity market support for the mining industry.

Energy-intensive sectors such as steel, fertilizers, and aluminum are being forced to close factories or pass on soaring costs.