September 30, 2023

Venezuela, Jindal Steel to sign deal on iron ore mill

Venezuela’s government and Jindal Steel have signed an agreement for the Indian company to run the country’s largest iron-ore-producing plant.

September 29, 2023

Vedanta to split business into six listed companies

The metals-to-oil Indian conglomerate seeks to boost growth amid a financial performance decline by parent company Vedanta Group.

September 28, 2023

Iron ore price rises as output in Chinese steel mills hits highest since October 2020

Daily hot metal output among 247 steel mills surveyed by Mysteel climbed to the highest level since October 2020.

September 27, 2023

Vedanta preparing to de-merge sprawling operations

Shares in Vedanta Ltd. have fallen by more than a fifth over the past 12 month.

September 26, 2023

Vale and Port of Açu sign deal for potential low-carbon iron ore complex

The plan is to develop a hot briquette iron plant that would make high iron content compact bricks to supply steel mills.

September 26, 2023

China scoops up cheap Indian iron ore in bid to trim steel costs

Indian iron ore exports have surged as steel mills switched to lower-grade, cheaper feed in the face of dwindling profits.

September 25, 2023

Iron ore price at 2-week low on possible steel output curbs

"It becomes increasingly clear that demand has hit the ceiling amid weaker-than-expected steel sales for September and October," one analyst says.

September 23, 2023

LG Chem with Huayou to make battery materials in Indonesia, Morocco

The plant, set to start production in 2026, aims to produce 50,000 metric tonnes LFP cathode materials annually.

September 22, 2023

US Steel draws interest from small Canadian rival it once owned

Stelco is in talks with a potential partner on its bid, Bloomberg sources say.

September 22, 2023

Iron ore price falls despite China’s support measures

Moody's on Thursday revised its outlook on four Chinese real estate firms to "Negative" from "Stable".