Global insight

U.S. steel prices are nearly 70% higher than the global prices

It is understood that the current U.S. steel plant capacity utilization rate is only 75%, far below last February 82% level.

Monday, March 8, 2021

Hegang Group and BHP hand in hand to “carbon emissions reduction”

A few days ago, the chairman of the world iron and steel association, party secretary of hegang group, chairman yu yong and bhp chief executive officer Mike Henry around carbon reduction and climate change and further strengthen cooperation in low-carbon metal...

Monday, March 8, 2021

Southern Africa has ‘huge potential’ to benefit from the shift to green hydrogen

While there is growing momentum across the world around investment in hydrogen and the related import and export value chains, management consulting company Kearney MD Romain Debarrewarns that there is still a lack of supply and demand for the hydrogen economy...

Monday, March 8, 2021

Australia’s coal miners unprofitable at $50/t

The stronger pricing environment is more than offsetting the higher costs, with most firms guiding for a much more profitable January-June than July-December.

Monday, March 8, 2021

Western Australian iron ore shipments close to average

Fortescue shipped 3.42mn dwt, up from 3.01mn dwt the week before but 3pc below its average of 3.54mn dwt.

Monday, March 8, 2021

Xu Lirong, deputy to the National People's Congress: injecting more "Chinese elements" into global shipping and trade dispute settlement

In order to realize the transformation from a shipping power and a maritime power to a shipping power and a maritime power, China must constantly increase its voice in rule-making and influence in the handling of commercial disputes in the field of shipping an...

Friday, March 5, 2021

Largo Resources Announces Share Consolidation and Application to List on the Nasdaq

?TORONTO--(BUSINESS WIRE)-- Largo Resources Ltd. ("Largo" or the "Company") (TSX: LGO) (OTCQX: LGORF) announces that, the Company,

Friday, March 5, 2021

Soaring freight supply power for rising steel price

With the rapid increase of sea freight and procurement costs, ferrous metal buyers are facing the problem of limited spot supply of steel and its raw materials.

Thursday, March 4, 2021
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