Global insight

POSCO mulls collaboration on Montenegro's Zeljezara Niksic steel plant

South Korean steelmaker POSCO and Montenegro state-owned electric power distribution company Elektroprivreda Crne Gore (EPCG) have agreed to explore potential collaboration

Tuesday, January 23, 2024

Malaysia's Masteel secures financing for green steel production technology

Malaysian banking company AmBank Group has announced that it has provided RM 84 million ($17.7 million) financing to Malaysia-based steel producer Malaysia Steel Works(KL) Bhd (Masteel) to support the latter's technological transformation to green steel produc...

Tuesday, January 23, 2024

Nickel price crash seen extending Indonesia’s grip on supply

A prolonged slump in nickel prices is stress-testing producers worldwide, raising the prospect of sweeping mine closures that will deepen Indonesia’s dominance of global supply.

Tuesday, January 23, 2024

Turkish Steel Giant Eyes $5 Billion Investment in Saudi Arabia

Turkish steelmaker Tosyali Holding AS plans to invest as much as $5 billion in a steel plant in Saudi Arabia, part of an expansion spree that includes Algeria, Angola, Senegal and Spain.

Tuesday, January 23, 2024

Emirates Steel and Bahrain Steel sign pellet supply agreement

Emirates Steel Arkan(ESA) and Bahrain Steel Company have signed a five-year, $2bn deal to supply high-quality iron ore pellets.

Tuesday, January 23, 2024

Eramet’s New Caledonia nickel plant runs reduced output after power incident

SLN, the New Caledonia nickel producer controlled by mining group Eramet, said on Monday it was running at reduced capacity after an electrical incident over the weekend caused a local power cut.

Tuesday, January 23, 2024

Saudi Arabia and Vale forge groundbreaking partnership for sustainable lron Ore project

In a historic move aimed at bolstering economic ties and fostering mutual growth, Saudi Arabia has officially signed a Memorandum of Understanding (MoU) with the renowned Brazilian mining giant,Vale Company.

Monday, January 22, 2024

S32 Quarterly Report December 2023

S32 Quarterly Report December 2023

Monday, January 22, 2024
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