Fortescue doubles green hydrogen spending as Europe push expands

The company held guidance on FFI’s annual operating expenditure unchanged at $500 million to $600 million.

Monday, October 10, 2022

Brazilian iron ore exports hit highest monthly volume in two years

This volume is only below what was recorded in September 2020, when Brazil exported 37.47 million tonnes for the month.

Monday, October 10, 2022

Uncertain future for Europe’s scrap market: Cronimet

The European stainless steel scrap market is facing a near-term demand crisis and high uncertainty going into the fourth quarter...

Monday, October 10, 2022

Iron ore price rises as Chinese steel mills resume ramping up output

Hot-rolled coil advanced 2.3%, while stainless steel gained 0.3%.

Monday, October 10, 2022

Japan’s scrap exports recover in August

Exports to the three major destinations — South Korea, Vietnam and Taiwan, China.

Monday, October 10, 2022

Teck provides metallurgical coal update

Toronto-listed Teck Resources said on Thursday that its third-quarter steelmaking coal sales were 5.6-million tonnes, which was within its revised guidance of 5.5-million to 5.9-million tonnes.

Sunday, October 9, 2022

Market imbalances for rare earths persist

Supply challenges persist to meet rising rare earths demand, reports Davide Ghilotti.

Saturday, October 8, 2022

Thyssenkrupp partners with Mubea on low-carbon steel deliveries from 2026

Thyssenkrupp plans for its Steel Europe operations to be completely climate-neutral by 2045 at the latest, the company said.

Saturday, October 8, 2022
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