Japan’s JFE takes new tack to tame volatile coking coal prices

Japan's No.2 steelmaker plans to buy more coking coal from the spot market to boost activity and make prices more transparent.

Reuters | December 28, 2023 | 9:21 am

India to exempt certain steel product imports from quality control requirements

India wants to meet domestic demand and rein in prices.

Reuters | December 28, 2023 | 8:46 am

The biggest global mining news of 2023

A tumultuous year for the global mining industry: collapse of lithium prices, furious M&A activity, gold’s new record and state intervention in mining on a scale not seen in decades.

Frik Els | December 27, 2023 | 10:01 am

Iron ore price rises on upbeat Chinese industrial data, demand hopes

Market participants reacted to robust industrial data amid expectations of economic stimulus and robust Chinese demand.

Reuters | December 27, 2023 | 8:15 am

Dalian iron ore soars on stimulus anticipation, strong demand outlook

Iron ore futures rose on Tuesday, driven by hopes of economic stimulus measures aimed at bolstering the Chinese economy.

Reuters | December 26, 2023 | 8:29 am

Japan’s Jan-March crude steel output forecast to rise 1.7%

Japan's crude steel output is forecast to rise 1.7% year-on-year in the first three months of 2024 because of healthy demand from automakers.

Reuters | December 26, 2023 | 8:19 am

Sumitomo names Ueno as next CEO, promising reform

Shingo Ueno, 64, has played a pivotal role in leading Sumitomo's metals, resources and chemicals businesses.

Reuters | December 22, 2023 | 9:15 am

Japan-US ties stronger than ever, minister says amid US Steel scrutiny

Japanese Industry Minister Ken Saito praised his country's ties with the US but declined to comment directly on Nippon Steel's $14.9 billion proposed acquisition of US Steel.

Reuters | December 22, 2023 | 8:36 am

Kloeckner to divest business in four European countries

German metal trader Kloeckner plans to sell off parts of its European commodity distribution business to Spain's Hierros Anon.

Reuters | December 22, 2023 | 8:18 am

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