In a strategic move towards sustainable growth, South Korean steel giant POSCO has triumphed in a green bond issuance.

A sharp slide in nickel prices over the past year, driven by a jump in Indonesian supply, has hit Australian nickel producers, leading to mine closures, production cuts and writedowns in recent months.

"Four Modernizations" and "Four Have" complement each other, enhancing Baowu's innovation and value creation abilities.

Joint MD and CEO of JSW Steel, laid out the company's ambitious plans to meet the escalating demand for steel in India.

Sumitomo Metal Mining Canada is investing about C$14.5 million to gain a 9.9% interest in FPX Nickel (TSXV: FPX).

BHP Group said on Thursday it was reassessing the value of its nickel operations after a price slump, in a move that could lead to writedowns amid an oversupply of the metal used in electric vehicle batteries.

The industry association will also continue to call for the restoration of export tax rebates for high-end steel products.

Also in 2023, new orders surged 56.4 percent year-on-year to 71.2 million deadweight tons, accounting for 66.6 percent of the global total, the data showed.