Two-thirds of the funds will be spent on clean energy – twice as much as on fossil fuels

World crude steel production for the 69 countries reporting to the World Steel Association (worldsteel) was 155.7 million tonnes (Mt) in April 2025, a 0.3% decrease compared to April 2024.

Brazilian miner iron miner Vale has announced that it has signed a heads of agreement with Oman-based energy company OQ

The Brazilian iron ore producer,Vale, is planning to launch a lower grade iron ore in the coming months to compete in the Asian markets, particularly China.

Norwegian decarbonized steel developer Blastr Green Steel has announced that the Inkoo Municipal Council has approved the zoning plan for the Joddböle industrial area, in which the company will realize its planned lnkoo low-emission steel mill project.

Iron-ore rose as trade tensions eased, spurring optimism across a metals market that has been hit especially hard by global growth worries.

Rio Tinto expects its first iron ore shipment from Guinea's Simandou project in November, Gerard Rheinberger, the Anglo-Australian mining giant's managing director for Simandou, said on Monday.

Europe must offer a credible strategy to support the competitiveness of its steel value chain.