The facility, targeting an annual output of 300,000 t, is set to commence operations in 2025.

Brazilian steel and iron ore producer CSN informed the local stock exchange authority (CVM) that the company has no plans or studies regarding the sale of 30 percent of the capital of its iron ore division CSN Mineracao.

Shipments of iron ore on the Great Lakes totaled 4.8 million tons in December

German steel industry is in a concerned condition due to the ongoing decline in production, with steel production in the country predicted to be one of the slowest years on record.

The IIMA forecasts a gap in 2033 of around 34 million mt in DR-grade iron ore pellets factoring in demand growth from global DRI plants, in a November presentation.

French mining firm Eramet and American chemical coatings company Vibrantz Technologies announced a 10-year supply agreement for manganese ore late last month,

The US has determined that specified volumes of steel product imports from the European Union will no longer threaten to impair national security

In a mostly lackluster year for metals trading, nickel emerged as the worst performer and might not see a reprieve anytime soon.