July 22, 2021

US steelmakers earnings leave investors pondering peak prices

Yet investors are clearly focused more on the outlook from Nucor Corp. and Cleveland-Cliffs Inc.

July 22, 2021

Cleveland-Cliffs’ record Q2 results marred by earnings miss

Cleveland-Cliffs reported record operating and financial metrics for the June quarter.

July 22, 2021

Iron ore price plunges on China’s move to cut steel production

Iron ore price down 6% after Beijing tells steelmakers in some provinces to cut production with aims to keep Chinese annual output at 2020 levels.

July 21, 2021

Iron ore price drops as steel output control dampens demand

Steel producers in China's Jiangsu, Fujian and Yunnan provinces were told to cut production as the country aims to keep its annual output no higher than it was in 2020.

July 20, 2021

Australia’s iron ore miners face train driver shortage amid covid lockdowns

BHP announced plans to train 200 new drivers.

July 20, 2021

Iron ore price rises on disappointing figures by top producers

The metal has been in a bull market for more than two years, and it’s not about to end soon, according to Goldman Sachs.

July 20, 2021

Final settlement for Brazil’s Samarco dam disaster could reach $19bn, governor says

That estimate is nearly four times higher than an initial deal struck with mining companies in 2016.

July 20, 2021

Diamonds and platinum sparkle in Anglo American’s Q2 production

Diamond production rose by 134% compared to last year as consumer demand recovered, while platinum output rose 59% to 1.06 million ounces.

July 19, 2021

Vale output disappoints in fresh blow to tight iron market

The company churned out 75.7 million tonnes in the second quarter compared with the 78 million tonnes average estimate among analysts tracked by Bloomberg.

July 19, 2021

BHP posts record annual iron ore production, lower output elsewhere

BHP notched record output at its Jimblebar mine and Mining Area C in the Pilbara region.