Vale Q3 net beats estimates, helped by forex gains
The bottom line was boosted by a $2.35 billion financial gain related to unspecified foreign exchange rates, which largely masked weaker sales and rising costs.
Iron ore price hit lowest since 2020 on global steel demand concerns
Prices have fallen more than 50% from a peak in…
BHP Group, ArcelorMittal trial carbon capture at Europe, US steel plants
By discharging over 3 billion tonnes of carbon dioxide a…
Japanese Tesla supplier to take on Chinese rivals to tap EV boom
Sumitomo wants to start making materials for a cheaper type…
Cliffs tumbles as outlook suggests more pain for steel
The second-largest US steelmaker said Tuesday that it is being…
