June 16, 2022 Mexico union strikes at ArcelorMittal plant over profit sharing Union said the company was refusing to share 10% of profits from the 2021 fiscal year among over 3,500 direct employees.
June 15, 2022 Ukraine steelmaker says Russia is taking metal from Mariupol The alleged thefts would fit a pattern of Russia targeting commodity hubs that provided Ukraine with vital export revenues.
June 15, 2022 Fortescue teams up with Liebherr for green-haul trucks Miner will buy 120 green-haul trucks, replacing about 45% of its current fleet as it pushes towards decarbonizing its operations.
June 14, 2022 Rio Tinto starts iron ore deliveries from Gudai-Darri mine The capital cost of the mine, which is expected to have a life of over 40 years, is estimated to be $3.1 billion.
June 14, 2022 Iron ore price down ahead of China’s central bank rate announcement Market focus has turned to the People's Bank of China, which could cut the rate on its medium-term lending facility on Wednesday.
June 14, 2022 Samarco, creditors to discuss restructuring proposals on June 21 Creditors rejected the company's last proposal on April 18 and filed an alternative plan a month later.
June 13, 2022 Iron ore price extends decline on China lockdown fears "Fresh lockdowns and mass testing in Beijing, Shanghai, and now Inner Mongolia is the realization of the ferrous market's worst fears," said Atilla Widnell, managing director at Navigate Commodities.
June 12, 2022 POSCO to halt some plants as S.Korea trucker strike continues POSCO will halt some of its plants in Korea due to a lack of space to store finished products.
June 11, 2022 German union calls on steel workers to hold further warning strikes Employers failed to meet German union IG Metall's wage increase demands in the third round of talks.
June 10, 2022 Iron ore price down on new China lockdown worries "China remains a big source of uncertainty for global growth," JP Morgan analysts said in a note.
China’s November net gold imports via Hong Kong more than doubled from October Spot gold prices have risen about 72% this year, hitting a record $4,549.71 an ounce on Friday, the biggest annual gain since 1979. December 29, 2025 | 07:35 am