June 24, 2024

Brazil prosecutors seek $668 million from Vale, BHP for gender violations in reparations

The new lawsuit comes as Vale and BHP hope to reach a tentative agreement by the end of this month.

June 21, 2024

Tata Steel workers in UK call first strike in 40 years

Around 1,500 workers based in Port Talbot and Llanwern, Wales, will begin an all-out indefinite strike next month.

June 21, 2024

China Baowu completes purchases of stake at Simandou project

The Chinese steel mill bought an undisclosed stake from Winning Consortium Simandou, which owns the two northern blocks of the project.

June 20, 2024

Tsingshan’s $1 billion steel plant in Zimbabwe starts production

Dinson Iron and Steel Company will produce 600,000 metric tons of carbon steel annually.

June 20, 2024

Shareholders warn Nippon Steel faces higher decarbonization costs with US Steel takeover

An activist shareholder group said the potential addition of U.S. Steel's 11 blast furnaces to Nippon Steel's operations will almost certainly increase the company's cost of decarbonization.

June 19, 2024

US-based Capital Group sells Fortescue shares worth $489 million

Shares of the world's fourth-largest iron ore miner have fallen nearly 25% so far this year.

June 19, 2024

Mineral Resources to shut Yilgarn iron ore hub

The decision was partly triggered by the limited remaining life of the five operating mines that make up the hub.

June 18, 2024

BHP confident in reaching Mariana disaster settlement

Last week, Vale and BHP presented Brazilian authorities with a new offer to settle reparations.

June 18, 2024

Column: China’s steel sector looks a little healthier, or does it?

It's a case of one step forward, two steps back for China's steel and iron ore sectors.

June 17, 2024

Mexico steelworkers hold up 300,000t of steel, ArcelorMittal says

Mexico's steel chamber said the work stoppage had a ripple effect throughout the region, as well as on supply chains in Mexico and the US.