It's essential to note that import permit data reflect tonnages requested in import licenses, potentially differing from actual import volumes. Preliminary estimates for December's actual import volumes will be available later this month.

The venture’s fruition highlights Baowu's commitment to expanding its iron ore operations in strategic locations. The loading and dispatch of the bulk carrier denote the operational readiness and successful commissioning of the Bomi project.

Shipments of iron ore on the Great Lakes totaled 4.8 million tons in December

German steel industry is in a concerned condition due to the ongoing decline in production, with steel production in the country predicted to be one of the slowest years on record.

China Baowu Steel Group Corporation on Thursday signed investment agreements with the Shandong provincial government on the takeover of the state-owned Shandong Iron and Steel Group Co Ltd.

In a mostly lackluster year for metals trading, nickel emerged as the worst performer and might not see a reprieve anytime soon.

Australia-based Green Steel of WA has announced that it plans to build a green steel recycling mill in Collie,Western Australia.

European Union (EU) to compensate for the impact of the EU's proposed carbon border adjustment mechanism (CBAM), government sources said on Wednesday, December 27.