Cleveland-Cliffs teams up with Nucor in potential US Steel bid – report
Development follows the Biden Administration's decision to block Japan's Nippon Steel from taking over US Steel.
Latest Stories
Saudi Arabia plans to enrich and sell uranium, energy minister says
Saudi Arabia has a nascent nuclear program that it wants to expand to eventually include uranium enrichment.
Maaden, Bahrain’s Alba end aluminum deal talks
Alba’s stock dropped as much as 10% in Bahrain trading, the most since September 2022.
Malaysia clamps anti-dumping duties on iron, steel from four nations
The duties range from 2.52% to 36.80%.
Mosaic to sell Brazilian phosphate mine in $125 million deal
The US fertilizer company is selling its non-core phosphate mine in Minas Gerais state to Fosfatados Centro.
Mali starts seizing gold stocks at Barrick site, company memo says
Barrick's Loulo-Gounkoto site has around four tonnes of gold stocked.
China’s December copper imports hit 13-month high
For the whole of 2024, unwrought copper imports totalled 5.68 million tons, a year-on-year increase of 3.27%.
China 2024 iron ore imports hit record on resilient demand, steel exports
The world's largest iron ore consumer brought in a total of about 1.24 billion metric tons last year.
Despite Nippon Steel, US and Japan say ties stronger than ever
Analysts say that while the blocked deal could have a chilling effect on Japanese investment into the US, any damage to their wider relationship will probably be limited.
