September 3, 2025

Iron ore price extends gain as Goldman Sachs lifts Q4 price forecast

Goldman Sachs raised its Q4 price to $90 a ton.

September 1, 2025

ArcelorMittal South Africa job cuts could rise above 4,000, union says

The company produces some 2.4 million metric tons of steel annually, about 4% of group output.

September 1, 2025

Glencore plans job cuts at South African ferrochrome and vanadium operations

Problems with power cuts, rising electricity prices and economic pressures forced the joint venture to suspend production.

September 1, 2025

Iron ore price hits one-week low on narrower steel margins, weak demand

Narrower steel margins, coupled with expectations of lower hot metal output, have put pressure on ore prices.

August 31, 2025

Iron ore price heads for first consecutive monthly advance this year

Iron ore is headed for its first back-to-back monthly gain since 2024 on improving sentiment.

August 29, 2025

Arctic town seeks Swedish state help with relocation due to mine

Kiruna has won fame for being moved in its entirety — a process started in 2004 — to accommodate the growth of the state-owned LKAB’s mine.

August 29, 2025

Baosteel expects China’s steel exports to stay above 100Mt in 2025

China's steel exports in the first seven months climbed 11.4% to hit a record high.

August 28, 2025

Vale, Brazil fail to reach deal for railway concessions renegotiation

Vale said the contracts for the Carajas and Vitoria-a-Minas railway concessions, which in 2020 had been extended until 2057, remain in effect.

August 28, 2025

Nippon Steel bets on $11B investment, tech transfer to lift US Steel profit

Plans include a new hot-rolling mill at US Steel's Mon Valley Works in Pennsylvania and the refurbishment of the No. 14 blast furnace at Gary Works in Indiana.

August 28, 2025

MinRes posts $904 million loss as Ellison exit drags on

Managing director Chris Ellison is set to leave due to transparency issues and misuse of resources, but MinRes struggles to find a successor.