Chinese ferro-molybdenum prices are expected to hold firm in the near term in view of higher concentrate feedstock costs and strong demand from steelmakers, according to market participants.

Australian iron ore exploration spending rose to A$395.5mn in 2020 from A$349.6mn in 2019 and A$300.9mn in 2018.

The firm is still investigating a high gas level incident that closed Moranbah North on 20 February.

The lack of availability in high vol A is expected to lend support to miners with high vol B volumes to offer.

The new offer for HDG, with immediate effect, will be €900/t base, while CRC will be offered at €870-880/t.

Carbon peaking and carbon neutralization accelerate low carbon transformation process of iron and steel industry.

Japan¡¯s largest steelmaker Nippon Steel said on 5 March that it would cut capacity by another 10% as domestic demand fell and competition from china intensified.

China Economic Times: in 2020, the supply and demand of steel market will be relatively loose. How will the industry perform? What will be the trend in 2021? What are the main influencing factors?