On September 4, 2024, the U.S. Department of Commerce (Commerce) announced its preliminary affirmative determinations in the countervailing duty (CVD) investigations of ferrosilicon from Brazil, Kazakhstan, and Malaysia.
Trafigura Group has struck a $400-million prepayment deal for iron-ore with Mineral Resources, as the Australian miner focuses on preserving cash amid a downturn in its two main commodities.