President Joe Biden’s administration on Wednesday said it intends to invest $2 billion from last year’s Inflation Reduction Act to accelerate domestic manufacturing of electric vehicles and resuscitate plants that are struggling.

China's raw coal output posted steady growth in May, official data showed.

The province has set an annual coal production target of 1.365 billion tonnes for 2023.

Fortescue, one of the world's largest iron ore miners, has signed a Memorandum of Understanding (MoU) with China Baowu Steel Group Corporation to work together on reducing emissions associated with iron and steel making.

Fortescue, one of the world's largest iron ore miners, has signed a Memorandum of Understanding (MoU) with China Baowu Steel Group Corporation to work together on reducing emissions associated with iron and steel making.

Most of the capital goods monitored by China's statistical authorities registered higher prices in mid-June compared with early June, official data showed.

In the week ending on June 24, 2023, US domestic raw steel production was 1,758,000 net tons while the capability utilization rate was 78.1 percent.

Down 5.0 Percent YTD in 2023 from Same Period in 2022.