According to Worldsteel Association data, European Union crude steel production decreased by 4.3% in March compared to the same month of the previous year, reaching 11.6 million tons.
Renowned Chinese company Shenfeng announces plans to establish a state-of-the-art iron production factory on a vast land area in Egypt, marking a significant in bilateral cooperation between China and Egypt.
Australian green energy and iron-ore giant Fortescue has revealed a 6% decline in third-quarter iron-ore shipments, attributed to the repercussions of an ore car derailment on December 30, coupled with weather-related disruptions.
Brazilian miner Vale on Wednesday said lower prices for iron-ore, nickel and copper in the first quarter dragged down earnings compared to the year before, as it posted net profit slightly below analyst estimates.
Cyclone Metals Ltd (ASX:CLE) has passed a key milestone with pilot plant test work for the Iron Bear Project in Canada delivering iron ore concentrates with high purity and yield, essential for green steel production.