January 14, 2019

China’s 2018 iron ore imports fall 1%, first annual drop since 2010

The fall in iron ore purchases for 2018 came as a 70 percent plunge in profit margins since late October cut the incentive for steelmakers to ramp up output and…

January 14, 2019

Rio Tinto calls force majeure on some iron ore shipments after fire in Australia

Rio Tinto is assessing the full impact of the damage and will do all it can to try and minimize disruption to our customers.

January 11, 2019

Potential 2019 El Niño poses risks to some South American mining regions

El Niño could impact countries such as Brazil, Colombia, and Ecuador that heavily rely on hydroelectric plants to generate.

January 11, 2019

The rising cost of socially responsible investing: Mark Gilbert

As the saying goes, if you think knowledge is expensive, try ignorance.

January 10, 2019

China industry ministry to ban new steel project expansions – Xinhua

Miao Wei, minister of industry and information technology, said the capacity expansion ban would also apply to the cement and flat-glass industries.

January 10, 2019

Anglo American betting on South America to grow base metal assets

Anglo American has obtained hundreds of permits to explore in the Brazilian states of Mato Grosso and Para.

January 10, 2019

Fire batters Rio Tinto’s Cape Lambert iron ore export terminal

The port is one of two terminals Rio Tinto uses to ship iron ore from Australia's Pilbara mining region.

January 9, 2019

China steel prices rise on consumption boost plans, trade talk hopes

China plans to introduce policies to boost domestic spending on items such as automobiles and home appliances this year.

January 9, 2019

Goldman warns iron ore’s jump into $70s`is not sustainable’

While industry fundamentals have improved, current prices won’t last as more supply is on the way. The bank expects a decline to $60 in six months.

January 7, 2019

Nucor to set up plate mill in U.S. Midwest for $1.35B

Nucor is benefiting from higher steel prices for domestic producers due to tariffs imposed on imports by the Trump administration last year.