Berlin based marketplace for industrial materials Vanilla Steel has raised USD 4 million in seed funding led by June Fund

Shipments year-to-date in 2021 are 37,938,360 net tons, a 7.8 percent increase vs. 2020 shipments of 35,194,683 for five months.

After only five months, Vietnamese steel exports to the EU have more than doubled compared to exports in the whole of last year.

Finished steel imports with large increases in June permits vs. the May final imports include black plate (up 136%).

The ore will be delivered to the Company's offtake partner OM Materials (S) Pte Ltd (OMS).

Botswana launches its first iron ore mining project

Russan Pipe Metallurgical Company TMK is implementing the Stainless River investment project to modernize the electric steel-making production at the Volzhsky Pipe Plant.

Vietnam plans to impose a 5% export tax on steel billets and cut the import tax on some steel products.