May 31, 2022

Iron ore price rises as Shanghai prepares to reopen

Officials in Shanghai announced an end to a two-month lockdown on Monday.

May 31, 2022

Vale deposits $252m in compensation related to Brumadinho disaster

Resources will be reverted to projects for improvements in urban mobility and the strengthening of public services.

May 30, 2022

Workers at Baffinland ask Canada to approve mine expansion

Unionized workers at Mary River iron ore mine are asking Ottawa to approve the miner's request to increase shipping limit.

May 29, 2022

Demand for green metals from recycling expected to grow – report

A report by White & Case states that global demand for scrap metal is expected to remain strong over the coming years.

May 27, 2022

Steel buyers demand huge discounts from Russian producers

The country’s producers have seen their options dwindle as sanctions choke sales to the key European market.

May 27, 2022

China drags down entire industrials metals complex – report

Iron ore bucks the metals price doldrums as China GDP growth slows.

May 27, 2022

Steel hikes coming for cars to ships in Japan as costs soar

Japanese manufacturers are already feeling the pain of soaring steel and other materials in a country.

May 26, 2022

China’s economic slowdown woes dent benchmark iron ore price

China is facing bigger economic difficulties than in 2020, with some indicators starting to weaken sharply since March, Premier Li Keqiang said.

May 26, 2022

Fortescue pursues quantum leap in green hydrogen quest

Company is funding research by a quantum computing venture into ways to produce cheap and abundant green hydrogen.

May 25, 2022

South African labour union ends ArcelorMittal strike after signing wage deal

NUMSA, which embarked on a strike on May 11 demanding a 10% wage hike, said it had agreed on a 6.5% increase across the board.