Steel Industry in China Faces Uncertainty
[ad_1] The output of the world’s largest steel industry, China, fell 1.7% last year, a fact that continues to raise many questions about its future direction. This drop continued the downward trend…
Is Indonesia’s Dominance Hurting Markets?
[ad_1] When the story of global nickel prices is written for 2024, Indonesia and China will undoubtedly be the main characters. This is not only due to the former country’s high production…
Coking Coal’s Rollercoaster Ride: What 2024 Taught Us
[ad_1] The story of coking coal in 2024, especially its price in global markets, has mainly been “one step forward and one step back.” A raw material essential for steel production, coking…
British Steel Keeps Scunthorpe Running into 2025
[ad_1] Steel news outlets recently discovered that longs and semis producer British Steel recently acquired natural resources to sustain production at its Scunthorpe plant through 2025. “At the same time, we remain in…
Blast Furnace Era Over for Tata Steel?
[ad_1] Indian steel industry leader Tata Steel recently announced that it had signed a contract with an Italian company to install a new electric arc furnace at its Port Talbot facility in…
Rio Tinto Acquires Arcadium Lithium
[ad_1] Australia-headquartered multinational mining company Rio Tinto is all set to add a world-class lithium mining business to its portfolio. A few days ago, the firm announced a definitive agreement that would…
Steel Prices Edge Higher as Output Plummets
[ad_1] The Raw Steels Monthly Metals Index (MMI) moved sideways, with a mere 0.12% increase from September to October. U.S. flat rolled steel prices showed mixed direction during September. HRC prices traded…