Global insight

Demand for Fortescue’s products strong: FMG chief financial officer

Demand for Fortescue’s products has remained strong all year. This is the result of steel mill profitability as well as the consistent quality of delivered product and the low variability of Fortescue ores.

Thursday, August 17, 2023

Vale sells stakes in Energy Transition Metals business; deals must face Canada scrutiny

The transaction was expected to close by the first quarter of 2024.

Thursday, August 17, 2023

Teck and Norden team up to reduce carbon emissions

Teck Resources (TSX: TECK.A and TECK.B; NYSE: TECK) is working with Norden to reduce carbon dioxide (CO2) emissions in Teck’s steelmaking coal supply chain. The agreement is expected to reduce annual emissions from Teck shipments handled by Norden by 25%, or ...

Thursday, August 17, 2023

GSCC launches new ‘green steel’ standard amid growing ‘Buy Clean’ divide

The Global Steel Climate Council (GSCC) has launched new standards for producers that want to call their products “low carbon” is deciding exactly what “low carbon” means.

Thursday, August 17, 2023

Stockpiles could add potential at Buena Vista

Iron-ore junior Magnum Mining & Exploration will evaluate stockpiles at its Buena Vista project, in Nevada, as potential mill feed.

Thursday, August 17, 2023

Chrome ore star of Merafe’s half-year show

Chrome ore has been headlined by ferrochrome and chrome producer Merafe Resources as the star of the show in the six months to June 30.

Wednesday, August 16, 2023

US Scrap Trends Outlook: August

Spot activity for hot-rolled coil remains muted, limiting upside for primes and shred despite weak flows. Overall trend consensus remains little changed, up to 63% in August from 60% in July.

Wednesday, August 16, 2023

Construction of vanadium electrolyte facility underway

Construction of vanadium electrolyte facility underway

Wednesday, August 16, 2023
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