April 27, 2021

Global steel boom builds as rampant demand overwhelms supply

The world outside China is finally catching up with the Asian steel giant’s already strong markets.

April 27, 2021

Vale mulls base metals spinoff to tap EV market

The move could help the nickel and iron ore giant take advantage of an increasing demand from electric car manufacturers.

April 26, 2021

Iron ore price surges to record high

Chinese steel futures also closed at all-time highs, underpinned by robust demand and concerns over production curbs.

April 23, 2021

Brazil court flags rupture risk at Vale’s Norte Larajeiras dam

Vale slashed output from its Brucutu mine in December to evaluate the stability of the Norte Larajeiras dam.

April 23, 2021

Iron ore price up as China steel futures hit new highs

Steel futures in China reached new highs as investors weighed the nation’s commitment to lowering production against its strong demand.

April 23, 2021

FX investors see metals as a way to get in on Biden’s trillions

Currency investors are already picking the winners of the infrastructure spending boom that the plan is likely to unleash.

April 22, 2021

China steel prices leap to record highs on robust demand, clampdown

Rebar on the Shanghai Futures Exchange is trading near its highest since 2009.

April 22, 2021

Anglo American’s first quarter production up 3%

Copper production climbed 9% to 160,000 tonnes in the quarter from 147,000 tonnes in the same period last year.

April 22, 2021

Russell: Iron ore and China steel output aren’t sticking to the script

The China steel and iron ore market narrative for 2021 was supposed to be pollution-led curbs on steel, coupled with rising iron ore supply. Neither is happening.

April 22, 2021

Vale’s Mangaratiba iron ore terminal in Brazil reopens

Brazilian authorities said the Ilha de Guaiba terminal has been operating without a required permit