Iron ore price hits more than 2-week low on rising inventory, demand cautionPrices were pressured by an inventory accumulation at Chinese ports and caution about demand outlook.Reuters | May 10, 2024 | 7:36 am
Rio Tinto has not ruled out bid for Anglo American — reportWhile Rio has a smaller market capitalization than rival BHP,…Cecilia Jamasmie | May 10, 2024 | 6:45 am
BHP-Anglo American deal raises alarm in Japan’s steel industrySteelmakers have raised concerns with Australian authorities that BHP could…Reuters | May 9, 2024 | 7:54 am
Iron ore price rises as output in Chinese steel mills hits highest since October 2020 Daily hot metal output among 247 steel mills surveyed by Mysteel climbed to the highest level since October 2020. Staff Writer | September 28, 2023 | 9:25 am
Vedanta preparing to de-merge sprawling operations Shares in Vedanta Ltd. have fallen by more than a fifth over the past 12 month. Bloomberg News | September 27, 2023 | 11:49 am
Vale and Port of Açu sign deal for potential low-carbon iron ore complex The plan is to develop a hot briquette iron plant that would make high iron content compact bricks to supply steel mills. Staff Writer | September 26, 2023 | 9:33 am
China scoops up cheap Indian iron ore in bid to trim steel costs Indian iron ore exports have surged as steel mills switched to lower-grade, cheaper feed in the face of dwindling profits. Bloomberg News | September 26, 2023 | 8:17 am
Iron ore price at 2-week low on possible steel output curbs "It becomes increasingly clear that demand has hit the ceiling amid weaker-than-expected steel sales for September and October," one analyst says. Staff Writer | September 25, 2023 | 11:01 am
LG Chem with Huayou to make battery materials in Indonesia, Morocco The plant, set to start production in 2026, aims to produce 50,000 metric tonnes LFP cathode materials annually. Reuters | September 23, 2023 | 8:53 pm
US Steel draws interest from small Canadian rival it once owned Stelco is in talks with a potential partner on its bid, Bloomberg sources say. Bloomberg News | September 22, 2023 | 1:47 pm
Iron ore price falls despite China’s support measures Moody's on Thursday revised its outlook on four Chinese real estate firms to "Negative" from "Stable". Staff Writer | September 22, 2023 | 9:49 am
Fortescue to divert carbon offset funds to decarbonization The company also said it will eliminate million liters of diesel it uses per year, rather than offsetting them. Reuters | September 22, 2023 | 8:13 am