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AISI: US Steel Imports Down 8.7% in 2023

Finished Import Market Share at 21%.

Wednesday, January 31, 2024

Vale Beats Iron Ore Output Estimates in Hurdle for Market Rally

World No. 2 iron ore supplier Vale SA delivered a bigger-than-expected increase in production last quarter in a result that may undermine prices of the key steelmaking ingredient.

Wednesday, January 31, 2024

IGO freezes nickel project, trims lithium forecast

Australian battery metal producer IGO Ltd said on Wednesday it would put its Cosmos nickel project in Western Australia into care and maintenance due to low prices, as it also trimmed its annual lithium production forecast.

Wednesday, January 31, 2024

A new nickel deposit was discovered in Kabanga

Shares in Lifezone Metals, 17% owned by BHP, rose in the early hours of Monday’s trading session on news about a high-grade nickel discovery at its Kabanga project in northwest Tanzania.

Wednesday, January 31, 2024

Metso receives major order for a ferrochrome plant to FACOR in India

Metso and Ferro Alloys Corporation Limited (FACOR), part of Vedanta, have agreed on the design and delivery of a ferrochrome plant for FACOR’s expansion project in Bhadrak, Odisha, in India. The contract value of approximately EUR 80 million is booked in the...

Tuesday, January 30, 2024

Nickel Industries posts record quarterly output

Nickel Industries reported record quarterly output from its rotary kiln electric furnace (RKEF) projects.

Tuesday, January 30, 2024

Nornickel forecasts further nickel output drop this year

Russian metals producer Nornickel on Monday said it expected a further decline in nickel output this year, hit by adverse geopolitical risks and postponed furnace repairs, following on from a drop in production in 2023.

Tuesday, January 30, 2024

Brazilian mining firm Vale buoyant on China's economy

Brazilian mining company Vale expressed optimism about the growth prospects of the Chinese economy and asserted its strategic position to contribute to China's high-quality development.

Monday, January 29, 2024
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