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.

October 15, 2018

Rio Tinto Says Q3 production falls on planned maintenance and safety pauses

Iron shipments fell about 5 percent, hurt by planned maintenance and safety pauses across all operations following a fatality.

October 15, 2018

Australia’s Atlas Iron names ex-Hancock executive CEO in board overhaul

Sanjiv Manchanda replaces Cliff Lawrenson as named CEO in overhaul.

October 15, 2018

Brazil’s Vale third-quarter iron ore output hits all-time high

Iron ore production at the S11D and Carajás projects grew nearly 20 percent to record 53.9 million tonnes, accounting for most of the increase.

October 11, 2018

SGX to launch new high-grade iron ore derivative

SGX today announced plans to meet the needs of the industry as the physical market evolves along different grade specifications.

October 11, 2018

Australia’s Fortescue announces $353m share buyback program

The program will begin after the iron ore miner releases its quarterly report on Oct. 25 and will remain in place for a period of up to 12 months.