The country's largest state, home to the resource-rich Pilbara region, cancelled plans to reopen its borders on Feb. 5 due to health risks from the Omicron coronavirus variant.

The grim view for 2022 follows a stellar year for the industry, with the largest US steelmakers expected to post record full-year earnings.

China stepped up its monetary easing efforts to prop up a slowing economy this week by lowering a set of key policy rates and lending benchmarks.

The covid-19 hit to trading activity appears to have passed with monthly volumes growing again over the second half of the year, writes Andy Home.

Prosecutors said Vale would have 10 days to present a report informing what action it would take.

Last week’s rains showed tailings remain the Achilles heel of the Rio de Janeiro-based producer.

Iron ore led gains among industrial metals as China vows to use more monetary policy tools to spur the economy.

Iron ore production from Western Australia was 73.9mt in the three months ended December, up from 70.4mt a year ago.