According to sources, a new Singapore-based commodities exchange, preparing to roll-out a futures contract for nickel used in electric vehicles (EVs), also aims to add contracts for other metals used in EV batteries.

Australia's Rio Tinto RIO.AX said on Monday it expects iron ore shipments of 323 million to 338 million tons in fiscal 2024 at Pilbara, marginally above its forecast for 2023, as operating conditions continue to improve.

Rio Tinto said it backed its full-year guidance to cost and shipments for its Pilbara iron ore operations.

:With local electricity grid constraints becoming more prevalent and given the global emphasis on decarbonisation, the ongoing energy transition, as well as loadshedding, is expected to present both opportunities and risks for the South African steel industry,...

Vale and Petrobras from Brazil have inked a two-year memorandum of understanding, with the aim of collaborating on the development of eco-friendly emission reduction solutions.

Iran's total iron and steel exports, including semi-finished products and steel products, amounted to 5 million 286 thousand tons in the first 6 months of this year.

MOIL's production in September was 135,000 mt, increasing by 10 percent year on year.

Vale is a major global producer of iron ore, copper and nickel.