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AISI: US's Raw Steel Production in the week ending on October 7, 2023
In the week ending on October 7, 2023, domestic raw steel production was 1,698,000 net tons while the capability utilization rate was 74.7 percent. |
Australia's Rio Tinto expects slightly higher Pilbara iron ore shipment in 2024
Australia's Rio Tinto RIO.AX said on Monday it expects iron ore shipments of 323 million to 338 million tons in fiscal 2024 at Pilbara, marginally above its forecast for 2023, as operating conditions continue to improve. |
Rio Tinto Backs Pilbara Iron Ore Cost
Rio Tinto said it backed its full-year guidance to cost and shipments for its Pilbara iron ore operations. |
Energy transition has potential to dramatically increase demand for steel
:With local electricity grid constraints becoming more prevalent and given the global emphasis on decarbonisation, the ongoing energy transition, as well as loadshedding, is expected to present both opportunities and risks for the South African steel industry,... |
Vale and Petrobras have signed a two-year memorandum of understanding
Vale and Petrobras from Brazil have inked a two-year memorandum of understanding, with the aim of collaborating on the development of eco-friendly emission reduction solutions. |
Iran: Steel export rises 20% in H1for Trial and Payed members
Iran's total iron and steel exports, including semi-finished products and steel products, amounted to 5 million 286 thousand tons in the first 6 months of this year. |
Australia's iron ore exports rise in August
Port Hedland shipped 47.8mn t in August, up from 43.74mn t in July and 45.8mn t in August 2022, according to Pilbara Ports Authority data. |
Vale not planning more equity sales in Base Metals, may consider IPO in 3-4 years
Vale is a major global producer of iron ore, copper and nickel. |
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