White House: decision to block Nippon-US Steel deal was about keeping critical business in American handsBiden's decision to block the sale of US Steel was not about slighting Japan, it said.Reuters | January 3, 2025 | 9:23 am
Nippon Steel to sue US government over blocked US Steel dealUS President Joe Biden has blocked the $14.1 billion sale.Staff Writer | January 3, 2025 | 8:38 am
China’s 2025 iron ore imports set to hit new high even as steel demand dwindlesUBS forecasts a moderate surplus in 2025 and prices holding…Reuters | January 2, 2025 | 9:28 am
Vale to build iron ore briquette plant in Louisiana with $283m financing from US The DOE financing will be through 2031. Reuters | December 11, 2024 | 1:55 pm
BHP, Rio Tinto face sexual harassment class actions in Australia Miners are accused of fostering environments at Australian sites where female staff faced systemic sexual harassment and discrimination. Staff Writer | December 11, 2024 | 10:21 am
Biden plans to finally kill Nippon Steel bid for US Steel Nippon Steel and US Steel are poised to pursue litigation over the process if Biden decides to block the merger, Bloomberg sources say. Bloomberg News | December 10, 2024 | 1:08 pm
Guinea plans sovereign wealth fund backed by iron ore income The African nation's Simandou mine is expected to start production by the first quarter of 2026. Bloomberg News | December 10, 2024 | 9:29 am
Chilean mine proposal could face Supreme Court review, environment minister says Chile's Andes Iron has attempted for years to develop the $2.5 billion Dominga mine project in the Coquimbo region. Reuters | December 10, 2024 | 8:27 am
Nippon Steel makes final push to win over US workers Nippon clarified its spending plans at US mills owned by United States Steel Corp. as part of last-ditch efforts. Bloomberg News | December 9, 2024 | 5:30 pm
Nippon Steel committed to US Steel takeover, aims to close in December The transaction has faced stiff resistance from politicians and the United Steelworkers (USW). Reuters | December 4, 2024 | 11:22 am
Vale aims to go down-market on iron ore The miner plans to offer more lower-quality iron ore to adapt to the needs of a battered steel industry. Bloomberg News | December 4, 2024 | 9:35 am
Iron ore price gains as China stimulus hopes outweigh worries of escalating trade tensions Hopes of more fiscal stimulus from the upcoming Central Economic Work Conference in China helped prices. Reuters | December 4, 2024 | 7:00 am