Relevant News

USA: December's Steel Import Market Shift

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.

Thursday, January 4, 2024

Baowu Resources: Bomi Project Operational

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.

Thursday, January 4, 2024

APNI Expects Indonesia To Control 85% Of The World's Nickel Production By 2033

Meidy Katrin Lengkey, Secretary General (Sekum) of the Indonesian Nickel Miners Association (APNI), estimates that Indonesia will control 85% of the world's nickel production by 2033.

Thursday, January 4, 2024

MRIWA 2024 grant applications now open

The 2024 Minerals Research Institute of Western Australia (MRIWA) grant applications are now open, with a key focus on minerals research projects that are addressing a challenge facing the WA minerals industry.

Thursday, January 4, 2024

Ongoing downturn in the German steel industry

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.

Thursday, January 4, 2024

EU steel decarbonization may outstrip iron ore pellet supply, encourage innovation

The IIMA forecasts a gap in 2033 of around 34 million mt in DR-grade iron ore pellets factoring in demand growth from global DRI plants, in a November presentation.

Wednesday, January 3, 2024

Agnico Eagle invests $17 million for 12% of Canada Nickel

Agnico Eagle Mines (TSX: AEM; NYSE: AEM) has made a C$23.1 million ($17m) investment in the recent flow-through offering from Canada Nickel Company (TSXV: CNC), acquiring 19.6 million units at a price of C$1.18 per unit. This gives Agnico a non-diluted equity ...

Wednesday, January 3, 2024

China Baowu signs agreements to acquire Shandong Iron and Steel Group

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.

Tuesday, January 2, 2024
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