Decarbonizing steel will be difficult and costly, and if done at meaningful scale will remake one of the world’s biggest industries.

South Africa’s biggest wildlife reserve is opposing plans for a new privately operated trucks-only border crossing.

The benchmark October iron ore on the Singapore Exchange climbed 1.19% to $118.75 a metric ton.

New bank lending in China beat expectations by nearly quadrupling in August from July as the central bank sought to shore up economic growth.

Chinese authorities are again closely watching market dynamics, having discussed price movements with some futures companies.

The firm’s reputation for capital discipline seems to have “gone out the window” with the green-energy push, said one analyst.

Boden is expected to be the world's first large-scale green steel plant.

In March and April, the state planner issued several similar warnings to step up supervision of iron ore markets.