China moves to upgrade raw materials industry.

Fitch, anticipating a modest increase in consumption by low single digits in the coming year, has assigned a 'neutral' outlook to the global steel industry.

The country aims to peak carbon emissions before 2030 and achieve carbon neutrality before 2060.

The progress of high-tech industries may also drive demand for premium steel products.

Australia's iron ore export earnings are forecast to decline to A$108 billion in 2024-25 from A$138 billion in 2023-24 and to A$96 billion in 2025-26

The government of coastal Indian state of Goa has put up for auction 18 idle iron ore dumps with total estimated volume of 30 million mt of low-grade ore ranging

The government of coastal Indian state of Goa has put up for auction 18 idle iron ore dumps with total estimated volume of 30 million mt of low-grade ore ranging between 45-51 percent Fe content, a government official said on Thursday,December 19.

Japanese steelmaker Nippon Steel and trading house Sojitz will acquire a 49% stake in Champion Iron’s Canadian iron ore project for $152 million. It is reported by Reuters.