December 19, 2023

Nippon Steel’s wily president key to battle over US Steel

Nippon Steel’s stock has climbed 58% since Eiji Hashimoto took the helm in April 2019.

December 19, 2023

Fortescue settles sexual harassment dispute in A$1.4 million deal

The workplace safety watchdog has dropped 34 charges against the iron ore producer for failing to provide requested documents.

December 18, 2023

Nippon Steel agrees to buy US Steel for $14.1 billion

The deal caps months of uncertainty over the future of the iconic American company.

December 17, 2023

Australia export revenue to tumble as iron ore, coal prices drop

Fewer supply disruptions and “relatively soft” global economic growth will push down revenue.

December 15, 2023

Brazil judge votes for dismissal of homicide case against Vale’s ex-president over Brumadinho

Fábio Schvartsman's defense seeks dismissal of criminal action related to the dam collapse that claimed the lives of over 250 people.

December 15, 2023

Fortescue gets 200 million euros for Norway green ammonia plant

Plant aims to capitalize on the Norwegian transmission grid's surplus renewable energy and ship the resulting green ammonia to domestic and European markets.

December 14, 2023

Column: China is still the top dog in commodities, but its bark is changing

China is becoming an increasingly price-sensitive buyer, and appears more willing to use its purchasing power to try to influence prices.

December 13, 2023

Iron ore price falls after China policy meet disappoints on stimulus

The steel-making staple lost as much as 2.9% in Singapore.

December 13, 2023

Vale’s ex-president seeks to avoid trial for Brumadinho

Fábio Schvartsman may avoid trial for the dam collapse that killed more than 250 people in 2019.

December 13, 2023

Thungela says “not yet” cutting jobs despite production curbs

The company plans to re-deploy staff to new projects that will start producing next year.