U.S. Steel Corp. recently bought the remaining 50.1% of Big River Steel. The acquisition cost $774 million, while U.S. Steel spent about $700 million when it acquired a 49.9% stake in Big River Steel in November 2019.

SSAB intends to be a fossil fuel-free company by 2045, and to supply its first fossil fuel-free steel to the market in 2026.

China's steel sector registered output expansion last year, industrial data showed.

Indian steelmaker JSW Steel aims to complete 5mn t/yr of expansion projects by the end of March, increasing its crude steelmaking capacity to 23mn t/yr.

The materials weighing 3,002 tonnes were shipped from Japan to east China's Shanghai.

However, there needs to be sufficient capacity in both the EU and UK quotas for this interim solution to be utilised.

A few days ago, Anglo-American Resources Group (Anglo American) released the fourth quarter of 2020 production report showed that the fourth quarter of last year, total iron ore production increased by 10% from a month earlier.

Recently, Jinduicheng Molybdenum Co.,LTD issued 2020 performance announcement, the announcement showed that January-December 2020 operating income of 7.6271756 billion yuan, 16.66% lower than the same period last year;