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High iron ore price tempts more Australian producers
Western Australian (WA) iron ore developer Strike Resources plans to start shipping lump and fines from its Paulsens East iron ore project in the Pilbara next year. |
Tata Steel production falls to 2.99 MT in April-June
Tata Steel India reported sales of 2.92 million tonne of steel in Q1 FY21 against sales of 3.96 mt in Q1FY 20. |
Posco raises steel output target on demand expectations
South Korean steelmaker Posco is partially restoring its rate of production on expectations that resumption of industrial activity in China and elsewhere around the world will drive a recovery in steel demand in this year's second half from a slump brought on ... |
EU flat steel shipments fall 19% on year through April, stocks soar
Shipments by stockholders and distributors of EU multi-product & proximity steel, including long steel construction products, fell 8.7% in January-April from the year-ago period, with only rebar shipments increasing, Eurometal said. |
Brazil to auction 8 ports, 30 highways: Correction
The government is seeking to raise at least R$2,6bn ($480mn) from the sales, but it has not yet defined the target values for all projects. |
US Steel to Restart Gary Works BF6 in August
The No 8 BF was temporarily idled in mid-March amid lower demand resulting from the coronavirus pandemic and related automotive production stoppages. |
Tianjin port posts rise in iron ore imports in H1
China's Tianjin port saw iron ore imports rise 13.6 percent year-on-year to around 37.86 million tons in the first half of this year, according to Tianjin Customs. |
SSAB Q2 Earnings Impacted Negatively by Lower Demand
SSAB’s operating result for the second quarter of 2020 was SEK -251 million. |
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