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TAKRAF signs major IPCC deal with Rio Tinto for Simandou in Guinea

In a notable achievement, TAKRAF Group has announced the signing of a major contract between Rio Tinto and TAKRAF concerning development of the Simandou iron ore complex in Guinea.

Wednesday, November 8, 2023

Japan's JFE Steel to replace coal with recycled fuels

JFE Steel also targets to expand the recycling capacity at the planned Keihin plant to a maximum 120,000 t/yr by 2023-31, cutting carbon dioxide emissions by 160,000 t/yr.

Wednesday, November 8, 2023

Cliffs raises HRC prices to $1,000/st

Integrated steelmaker Cleveland-Cliffs has increased its minimum hot-rolled coil (HRC) price to $1,000/short ton (st).

Wednesday, November 8, 2023

Indonesian, Australian firms team up on zero-emission steel

JAKARTA, Indonesia and PERTH, Australia, Nov. 6, 2023 /PRNewswire/ -- Leading private Indonesian steelmaker PT Gunung Raja Paksi Tbk (GRP), a member of Gunung Steel Group, is working towards a greener, more inclusive future,

Tuesday, November 7, 2023

Regulator approves Eskom tariff discounts for ferrochrome groups

The Energy Regulator has approved six-year negotiated pricing agreements (NPAs) for ferrochrome smelters operated in South Africa by both Glencore-Merafe Chrome Venture and Samancor Chrome

Tuesday, November 7, 2023

Indonesia to account for more than 70% of global nickel supply in next five years: commodity strategy consultant

The annualized projection for Class 1 nickel in 2023 is 100,000 tonnes higher than 2022, he also noted.

Tuesday, November 7, 2023

Brazilian steel end users criticize import duties increase request, warning of possible high costs

Brazilian capital goods, construction and steel packaging industry groups are against a request from steel mills for the country to raise its steel import duties to 25%, already predicting rising costs in each sector if an increase is greenlit.

Tuesday, November 7, 2023

‘Unprecedented’ period for commodities sees base metals under pressure: economist

Weak manufacturing hurting European commodity markets.

Tuesday, November 7, 2023
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