[Ferro-Alloys.com] ASSORE is to bring the curtain down on 70 years as a publicly listed company announcing today a R7.8bn buy-back of shares held by minority shareholders – a historic moment for the bulk minerals firm motivated by the low level of liquidity ...

[Ferro-Alloys.com] Iron ore prices have fallen 8.6% over the past five trading sessions despite supply tightening due weather events crimping exports from key exporters Australia and Brazil, latest data showed Monday.

Crude steel production in Arab countries is expected to increase this year to around 29 million metric tons.

China has full confidence in ensuring adequate energy supply.

China is boosting efforts to ensure the energy supply for hospitals in Wuhan to fight against the novel coronavirus.

East China's Yantai port unloaded 317,000 tons of iron ores in 26 hours after a large-scale ship from Brazil berthed in the port on Feb 18.

Steel major Baoshan Iron and Steel Co Ltd is banking on its smart manufacturing and logistics strengths to sustain production even as the novel coronavirus outbreak forces several companies to suspend production.

China's steel industry, which has been facing a rough time due to rising inventories and falling product prices due to the novel coronavirus outbreak, is expected to recover rapidly during the second quarter of this year, experts said.