The UK-based trade association UK Steel has published a report that examines current electricity prices faced by steelmakers in the UK, France, and Germany, and sets out four recommendations to deliver competitive electricity prices for the UK steel industry.
Iron-ore futures in Singapore touched $130 a ton for the first time since March on improving demand for steel in China, which is considering a new wave of stimulus to shore up the struggling property sector
PT Krakatau Steel (Persero) Tbk, in Indonesia, has placed an order with SMS group for a state-of-the-art Electrics and Automation system for their hot strip mill no.1. The company, publicly listed and state-owned, operates its plant in Cilegon, Banten, Indones...
Vale (NYSE: VALE) will divest 14% of its stake in Indonesian nickel unit to fulfill the country’s divestment rules, mining minister Arifin Tasrif told reporters on Friday.
Eastplats continues to produce chrome concentrate from its retreatment project, and has also started blasting operations at CRM, which initiated the soft restart of the Zandfontein underground section.
Zimbabwe’s bourse in the resort city of Victoria Falls plans to start a commodity and electricity exchange in the first quarter of next year, its chief executive officer said.