October 22, 2018

China’s winter pollution cuts may boost high-grade iron ore

The logic is sound: If steel mills are given pollution restrictions, they will use the best possible quality iron ore to maximise the amount of steel produced relative to the…

October 22, 2018

ArcelorMittal declares force majeure for Duisburg-Ruhrort site

Force majeure declared due to the Rhine river's low water levels.

October 19, 2018

You can run but you can’t hide, CEO tells Goldman analyst

Its an accounting thing.

October 18, 2018

Rising iron ore prices seem to defy economics

China’s switch from industrial-led to consumption-led growth seems to be showing up everywhere except the production numbers of iron-ore miners.

October 17, 2018

BHP says it has seen no material impact from trade tensions

Though we have not seen a material impact on our business, we remain cautious in the near term

October 17, 2018

ArcelorMittal to make $1B creditor payment to bid for Essar Steel

The move comes two weeks after India's top court said ArcelorMittal's bid for Essar Steel would become valid only if the acquirer cleared outstanding debt of Uttam Galva Steels and…

October 16, 2018

Vale sees possible Samarco restart in 2020, BHP uncertain on date

Samarco, a joint mining venture between Brazil's Vale and BHP Billiton, could resume production at a third of its capacity at the beginning of 2020.

October 16, 2018

Anglo American to restart operations at Minas Rio before year-end

Operations will resume before year end, but a planned ramp-up to 26.5 million tonnes per year is likely to be pushed back to 2021 from 2020.

October 16, 2018

United States seeking Mexican steel export quotas – negotiator

The United States is seeking to impose quotas on Mexican steel exports as part of a negotiation to remove metals tariffs.

October 16, 2018

Global steel body hikes demand forecasts, but says risks remain

Steel demand expected to rise by 3.9% in 2018, but trade tensions are clouding global economic outlook.