Highlights Comments
Goa government cancels registration of iron ore traders for failure to submit documentation
The government of the western lndian coastal state of Goa has canceled registration of 50 percent of active iron ore traders for failing to provide documents for verification, sources said on Tuesday,July 9. |
JSW Steel aims to reach net zero by 2050
JSW Steel plans to invest USD 1 billion in its operations with the aim of achieving net zero emissions by 2050. |
Creating the digital mine of the future
Added to that is the issue of recruitment. AVEVA has identified that 70% of 15-30-year-olds said they would "probably not or will not" consider a career in mining. |
Austria's Unger Steel contributes to decarbonization of steel construction industry
Austria-based steel construction company Unger Steel Group has announced that it has begun to benefit from sustainable solutions such as green steel and clean energy during its operations in order to reduce its carbon emissions. |
Tata Steel's domestic crude steel output up 5% in Q1 FY 2024-25
The company achieved sales of 4.94 million mt during the quarter, up three percent year on year. |
Electric arc furnace usage in global steel production hits 28.6%
According to data from the World Steel Association analyzed by SteelRadar, electric arc furnace (EAF) accounted for 28.6% of global steel production. |
Beyond 2024, nickel prices to increase steadily to 2028: Fitch
BMI – a unit of Fitch Solutions – is maintaining its nickel price forecast for 2024 at $18,000/tonne as excess supply continues to drag prices down from 2022 levels, the analytics firm said in its latest market report. |
LME plans to suspend nickel brand of Nornickel’s Finnish plant from Oct 3
The London Metal Exchange (LME) will suspend the listing of a nickel brand produced by a plant in Finland owned by Russian metals giant Nornickel, it said on Wednesday, without providing a reason for the suspension. |
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