July 3, 2018

Brazilian ex-billionaire Batista sentenced to 30 years in jail for bribery

Eike Batista, who was once one of the richest men in the world, was found guilty of bribing former Rio de Janeiro governor Sergio Cabral in exchange for contracts.

July 2, 2018

EU warns US of boomerang effect if Trump imposes car levies

Europe warns Trump vehicle tariffs likely lead to counter-measures by its trading partners on $294 billion of US exports.

July 2, 2018

China’s Baowu to move some iron, steelmaking capacity to middle and southern regions

China's top steel maker China Baowu Steel Groups move is in line with Beijing's goal push to relocate heavy industries from polluted and crowded regions to places with less environmental…

July 2, 2018

Australia govt sees more iron ore price pain

Top iron ore exporter forecasts a return to the $50s as Chinese imports starts annual decline after decades of growth.

July 1, 2018

Thyssenkrupp shareholder Cevian calls for further restructuring after steel JV

Thyssenkrupp's joint venture with Tata Steel - to be named Thyssenkrupp Tata Steel - will have around 48,000 workers and about 17 billion euros in sales.

June 29, 2018

Thyssenkrupp seals landmark steel venture with Tata Steel

Thyssenkrupp's supervisory board on Friday gave the green light for a steel joint venture with Tata Steel, paving the way for the European steel sector's biggest shake-up in more than a decade.

June 29, 2018

Canada hits back on US tariffs; Mnuchin denies Trump wants to quit WTO

Canada struck back at the Trump administration on Friday over U.S. steel and aluminum tariffs, vowing to impose punitive measures on C$16.6 billion ($12.63 billion) worth of American goods until…

June 29, 2018

Rio Tinto ready to splash out on copper

The world's No.2 mining company needs copper to reduce its reliance on iron ore.

June 27, 2018

Gold mining the least polluting in the metals sector — WGC

It depends on how you measure it.

June 27, 2018

US steel users challenge Trump’s authority to impose tariffs in court

In a lawsuit filed Wednesday the American Institute for International Steel and two of its member companies argue that the US president’s tariffs on steel and aluminum imports are unconstitutional.