January 7, 2025

Nippon Steel’s thwarted bid sets up tougher rivalry with Chinese mills

Creating an entity to compete more effectively with China was touted as a key rationale behind the Japanese firm’s proposal to purchase US Steel.

January 7, 2025

Vale at lowest market value since 2016 – Citi

Vale's shares in Brazil fell by more than 23% in 2024.

January 7, 2025

Blinken visits Japan as Nippon Steel decision weighs on relations

Japanese Prime Minister Ishiba described Biden's decision to block the sale of US Steel to Nippon Steel as "perplexing".

January 7, 2025

Vale, GreenIron to explore decarbonization projects in Brazil, Sweden

The partnership includes studies on the feasibility of a direct reduction plant to be operated by GreenIron in Brazil.

January 6, 2025

India steel ministry proposes KIOCL, NMDC merger

Mining company NMDC aims to export iron ore pellets from KIOCL post the merger.

January 6, 2025

Trudeau to resign ahead of vote this year likely to elect conservative Poilievre

Poilievre, the Conservative Party leader, has criticized current permitting delays in the Canadian minerals sector, which can range from five to 25 years.

January 6, 2025

Iron ore price drops to over one-month low on weaker China metal output

Output at Chinese blast-furnace steel producers has continued to decline steadily.

January 6, 2025

Trump says tariff policy won’t be pared back

The Washington Post reported that Trump aides were considering tariffs targeting critical sectors such as iron, copper, batteries, and rare earths.

January 6, 2025

US Steel, Nippon sue Biden administration over decision to block merger

Biden blocked proposed deal on national security grounds.

January 5, 2025

Nippon Steel president says suing US government is an option

Nikkei business daily had reported that Nippon Steel will challenge Joe Biden's order to block its acquisition of US Steel.