Teck and Norden team up to reduce carbon emissions

Teck Resources (TSX: TECK.A and TECK.B; NYSE: TECK) is working with Norden to reduce carbon dioxide (CO2) emissions in Teck’s steelmaking coal supply chain. The agreement is expected to reduce annual emissions from Teck shipments handled by Norden by 25%, or ...

Thursday, August 17, 2023

Demand for Fortescue’s products strong: FMG chief financial officer

Demand for Fortescue’s products has remained strong all year. This is the result of steel mill profitability as well as the consistent quality of delivered product and the low variability of Fortescue ores.

Thursday, August 17, 2023

GSCC launches new ‘green steel’ standard amid growing ‘Buy Clean’ divide

The Global Steel Climate Council (GSCC) has launched new standards for producers that want to call their products “low carbon” is deciding exactly what “low carbon” means.

Thursday, August 17, 2023

Stockpiles could add potential at Buena Vista

Iron-ore junior Magnum Mining & Exploration will evaluate stockpiles at its Buena Vista project, in Nevada, as potential mill feed.

Thursday, August 17, 2023

US Scrap Trends Outlook: August

Spot activity for hot-rolled coil remains muted, limiting upside for primes and shred despite weak flows. Overall trend consensus remains little changed, up to 63% in August from 60% in July.

Wednesday, August 16, 2023

Japan’s steel decarbonization drive forecast to slash scrap exports, raise imports

This year-to-date rise in scrap exports comes despite rumors of market resistance in Japan to the practice of exporting higher grades of material.

Tuesday, August 15, 2023

US ferrous scrap market torn between tight supply, tame demand

This year-to-date rise in scrap exports comes despite rumors of market resistance in Japan to the practice of exporting higher grades of material.

Tuesday, August 15, 2023

US electrical steel demand to outpace supply: Kloeckner CEO

“The demand for that type of steel is going to far outpace the supply of that material,” he added.

Monday, August 14, 2023
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