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Electricity prices in Europe fell significantly in April
In the EU, average monthly wholesale day-ahead prices fell significantly in April 2025. |
Egypt's Suez Steel to reduce dependence on imports with new plants
Egypt-based steelmaker Suez Steel has announced that it has commissioned two new plants to serve various projects across the country and in the Middle East and Africa. |
Tata Steel to spend $1.18 billion to increase iron ore production
Tata Steel increased its steel production in India by 5% year-on-year – to 16.2 million tons in April-December 2024 (9 months of FY2024/2025). |
India's iron ore output touches all-time high in FY 2024-25
India's iron ore production has been provisionally estimated at 289 million mt in the fiscal year 2024-25 |
Rio Tinto to invest $13.3bn in Pilbara mines over next three years
Diversified mining company Rio Tinto has reaffirmed its commitment to the Pilbara region, revealing plans to invest $13.3-billion in new mines and equipment over the next three years. |
Baosteel plans to produce 52.6 million tons of steel in 2025
China’s largest steelmaker, Baoshan Iron & Steel (Baosteel, a unit of China Baowu Steel Group), plans to produce 52.61 million tons of steel and 48.79 million tons of pig iron in 2025, respectively. Reuters reports with reference to the company’s report for ... |
Australia aims to become a critical minerals powerhouse
The Federal Government has announced plans to establish a Critical Minerals Strategic Reserve if re-elected, with plans to invest $1.2 billion into the initiative. |
March 2025 crude steel production
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World crude steel production for the 69 countries reporting to the World Steel Association (worldsteel) was 166.1 million tonnes (Mt) in March 2025, a 2.9% increase compared to March 2024. |
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