Global steel excess capacity isexpected to reach 745 million tons by 2028, exceeding the current total steel production of OECD countriesby 319 million tons.

Major miners BHP, Rio Tinto and Fortescue are reported to have urged for closer coordination and potential government support as they respond to China’s reshaping of global iron ore purchasing through China Mineral Resources Group (CMRG).

Steel demand has somewhat begun to feel the bite of higher inflation caused by elevated energy prices

Weda Bay Nickel, Eramet's nickel mining joint venture in Indonesia with China's Tsingshan Group and State miner Antam

In January, Reuters reported that the incentive policy would cover lithium and nickel.

Shipments from the project’s Morebaya port hit 2.2-million tons in the month

“The future of steel manufacturing will be defined not only by output, but by how intelligently and responsibly that output is achieved”

Trade minister calls for 'favorable' treatment to S. Korean firms under EU steel safeguard scheme