December 1, 2025

Algoma Steel to cease blast furnace operations, lay off 1,000 workers as tariffs bite

The Trump administration's 50% tariffs on foreign steel have significantly restricted access for Canadian producers to the US market.

December 1, 2025

Nippon Steel sees US Steel weak performance as temporary, executive says

Last month, it widened its net loss forecast for the year to March 31 to 60 billion yen from 40 billion yen.

November 27, 2025

Vale announces $0.67 per share in dividends and interest on equity

Vale said it will pay dividends of about 1.24 real per share on January 7, and of about 0.77 real per share on March 4.

November 27, 2025

Iron ore price inches higher on softer dollar, weak demand caps gain

Waning demand for lump ores from loss-suffering steelmakers have led to the weak premiums.

November 26, 2025

Fortescue ends bitter green iron battle with Element Zero

Fortescue has abandoned its legal battle against three former executives who launched a green iron start-up after reaching settlement.

November 21, 2025

A2MP secures $300 million from Afreximbank for African minerals

A2MP has mining interests from Gabon and Cameroon to Mozambique, while owning almost 50% of FG Gold.

November 20, 2025

China expands BHP iron ore ban to new product as talks drag

CMRG asked Chinese steel mills and traders this week not to buy new cargoes of Jinbao fines.

November 20, 2025

MinRes walks back Ellison exit plan

Chris Ellison set to remain as CEO of Mineral Resources beyond mid-2026, despite governance scandals and external scrutiny.

November 20, 2025

Stand-off between China’s iron ore buyer and BHP tightens iron ore supplies

Trade of Jimblebar fines is still frozen in China, leaving mills that previously used it switching to a substitute.

November 20, 2025

Column: China steel output slumps as iron ore imports head for record

China's steel production this year will drop below 1 billion metric tons for the first time since 2019, but iron ore imports may rise to a record high.