Iron-ore production in the first quarter ended September fell by 3% on the previous quarter, to 63.2-million tonnes

Rio Tinto reported a 1.2% rise in its third-quarter iron ore shipments on Tuesday, as the Anglo-Australian miner ramped up production at its Gudai-Darri mine.

JFE Steel, Japan's second largest steel producer, is entering the construction and real estate sector by offering environmentally friendly steel products under the JGreeX? brand.

According to data announced by the General Administration of Customs of the People's Republic of China, the export volume of finished steel products in September 2023 was 8 million tons.

With the announcement of the results from a bankable feasibility study (BFS) for Crawford, he highlights that a production decision for what will be a large-scale producer of critical minerals is less than two years away.

But sources at larger mills said they will not move automotive contracts to spot references that "reduce" their negotiating power.

This marks "the beginning of a new era in steel producing," Cleveland-Cliffs CEO Lourenco Goncalves said.

India's JSW Steel wins iron ore block in Karnataka.