Indian steelmakers aim to increase coking coal imports from Mongolia

India's leading steelmakers JSW Steel and SAIL are in talks to import coking coal from Mongolia to diversify their supply.

Wednesday, November 27, 2024

Iron-ore edges higher on firmer steel output, but Trump tariff pledge weighs on market

Iron-ore futures ticked up on Tuesday for a second straight session, buoyed by stronger global steel production, although US President-elect Donald Trump's pledge to implement new tariffs when he takes office limited gains.

Wednesday, November 27, 2024

Strategic secures iron-ore supply deal, $150m facility with Javelin

Montreal-headquartered Strategic Resources has signed definitive agency agreements with commodities trader Javelin Global to procure four-million tonnes of direct reduction (DR) grade iron-ore concentrate

Wednesday, November 27, 2024

Anglo American to sell steelmaking coal mines to Peabody in $3.8bn deal

Anglo American has agreed to divest its remaining steelmaking coal portfolio in Australia to Peabody Energy in an all-cash deal valued at up to $3.77bn.

Tuesday, November 26, 2024

India and EU ink pact on cooperation in green hydrogen development

India and the European Union (EU) have finalized an extensive roadmap for the green hydrogen sector that includes development of infrastructure, technology cooperation and boosting supply chains

Tuesday, November 26, 2024

October 2024 crude steel production

World crude steel production for the 71 countries reporting to the World Steel Association (worldsteel) was 151.2 million tonnes (Mt) in October 2024, a 0.4% increase compared to October 2023.

Monday, November 25, 2024

Indonesia plans to slash coal to a third of energy mix by 2040, Minister says

Top thermal coal exporter Indonesia, one of the world's largest carbon emitters, is aiming to reduce coal-fired power to 33% in its energy mix by 2040 and increase the share of renewable energy production to 42%

Monday, November 25, 2024

Italy and Metinvest sign a declaration on the construction of a steel plant in Piombino

The new plant, worth €2.5 billion, will contribute to the decarbonization of steel production and the strengthening of economic cooperation

Friday, November 22, 2024
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