Global investment management firm Goldman Sachs has slashed its iron ore price forecast by 18 per cent, citing weakened global demand.

In nickel, the global dispersion index fell to 41.8 in May from 43.3 in April despite gains in China. A measure of 50 points indicates that smelters are operating at the average level of the past 12 months.

The World Bank is betting on this company to ‘green’ the $1.6 trillion steel industry — take a look inside

Russian Railways: freight loading volumes from January to May 2023 amounted to 517.6 million tons

Green metals set to attract more investment

The country currently has a generating capacity of 2 000 MW but is only producing 1 400 MW due to regular breakdowns at its thermal power stations and water shortages at its main hydro plant.

Mexico’s economy is expected to be affected by economic problems in the US, even though Washington’s debt ceiling agreement averted a bigger disaster.

SSAB's Board has taken an investment decision for the green transformation of the Oxelösund mill. The decision will enable a 3% reduction of Sweden's total CO2 emissions and the aim is to start production of steel without carbon emissions, based on recycled st...