USA: December's Steel Import Market Shift

It's essential to note that import permit data reflect tonnages requested in import licenses, potentially differing from actual import volumes. Preliminary estimates for December's actual import volumes will be available later this month.

Thursday, January 4, 2024

Baowu Resources: Bomi Project Operational

The venture’s fruition highlights Baowu's commitment to expanding its iron ore operations in strategic locations. The loading and dispatch of the bulk carrier denote the operational readiness and successful commissioning of the Bomi project.

Thursday, January 4, 2024

MRIWA 2024 grant applications now open

The 2024 Minerals Research Institute of Western Australia (MRIWA) grant applications are now open, with a key focus on minerals research projects that are addressing a challenge facing the WA minerals industry.

Thursday, January 4, 2024

Ongoing downturn in the German steel industry

German steel industry is in a concerned condition due to the ongoing decline in production, with steel production in the country predicted to be one of the slowest years on record.

Thursday, January 4, 2024

EU steel decarbonization may outstrip iron ore pellet supply, encourage innovation

The IIMA forecasts a gap in 2033 of around 34 million mt in DR-grade iron ore pellets factoring in demand growth from global DRI plants, in a November presentation.

Wednesday, January 3, 2024

China Baowu signs agreements to acquire Shandong Iron and Steel Group

China Baowu Steel Group Corporation on Thursday signed investment agreements with the Shandong provincial government on the takeover of the state-owned Shandong Iron and Steel Group Co Ltd.

Tuesday, January 2, 2024

China, Indonesia communicating over chemical plant blast

Foreign Ministry spokeswoman Mao Ning confirmed on Wednesday that the explosion at a Chinese-owned plant on Indonesia's Sulawesi Island had killed 18 people, including eight Chinese citizens, and injured dozens.

Tuesday, January 2, 2024

Steelmaking deal aimed at better welding Japan to Washington's geopolitical strategy

The proposed purchase of US Steel by Nippon Steel has made a big splash since it was disclosed last week.

Tuesday, January 2, 2024
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