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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 ... |
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. |
Means of production prices rise in China
Of the 50 major goods classified in nine categories, including seamless steel tubes, gasoline, coal, fertilizer and some chemicals, 31 reported higher prices in the period, 15 saw price declines, while the prices of four remained unchanged, according to the Na... |
European green steel premiums little changed; deals remain sporadic
Notably, sources estimated that by 2030, 30% of the European steel market will be green (zero or close to zero emissions). |
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. |
Chrome ore star of Merafe’s half-year show
Chrome ore has been headlined by ferrochrome and chrome producer Merafe Resources as the star of the show in the six months to June 30. |
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. |
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. |
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