Wyloo Metals Pty Ltd., the private nickel producer owned by billionaire Andrew Forrest, is shutting down its Western Australian mines due to a sharp slump in prices for the key transition metal.

In a significant move towards environmental sustainability, Baosteel and ExxonMobil have formalized their commitment to collaborate on low-carbon solutions.

In a landmark agreement, ArcelorMittal France, a subsidiary of the world's leading steelmaker ArcelorMittal, has joined forces with French state-owned energy supplier EDF Energy.

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).