Tropical Cyclone Sean made itself known in Western Australia last week, delivering record rainfall along the Pilbara coastline.

Alcoa, the largest US aluminum producer, expects higher annual shipments of the lightweight metal in 2025 due to rising demand for the material used in everything from automobiles to window frames.

Dr. Keyvan Jafari Tehrani, lron and Steel market analyst, in an interview with Pardazesh va Tolid: "Strategic planning is key to unlocking the full potential of lran's mining and steel sectors"

Shares of Australia's Fortescue slipped on Thursday to a one-week low as it posted a marginal rise in its second-quarter iron-ore shipments, largely in line with market expectations for the period.

The former Biden administration extended the deadline for the two companies to abandon their merger plan to June 18, following a request from Nippon Steel.

The proportion of steel used in China's manufacturing industry increased to 50 percent in 2024.

Aluminum and Copper Prices Drop Amid Trump’s Tariff Threats on China and Russia

The association said that while steel demand is expected to continue decreasing this year, the rate of decline is likely to narrow.