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UMK TO REDUCE MANGANESE PRODUCTION AND SALES

Initiated in 2019, the global call for Expressions of Interest (EoIs) failed to garner substantial interest from potential buyers, resulting in the annulment of the sale.

This legislation, following consultations in late 2023, aims to tackle emissions from select industrial imports entering the UK.

It's essential to note that import permit data reflect tonnages requested in import licenses, potentially differing from actual import volumes. Preliminary estimates for December's actual import volumes will be available later this month.

The venture’s fruition highlights Baowu's commitment to expanding its iron ore operations in strategic locations. The loading and dispatch of the bulk carrier denote the operational readiness and successful commissioning of the Bomi project.

Shipments of iron ore on the Great Lakes totaled 4.8 million tons in December

German steel industry is in a concerned condition due to the ongoing decline in production, with steel production in the country predicted to be one of the slowest years on record.