Canada Nickel (TSXV: CNC) has announced an initiative to consolidate and propel its exploration properties located northeast of Timmins, Ontario, with the creation of a new subsidiary.

US critical minerals developer Talon Metals (TSX: TLO) has announced the sale of a net smelter return royalty to a subsidiary of Triple Flag Precious Metals (TSX: TFPM; NYSE: TFPM) for consideration of $8 million.

The American Iron and Steel Institute (AISI) reported that for the month of May 2024, U.S. steel mills shipped 7,431,201 net tons.

Finished Import Market Share YTD at 23%.

Down 3.2 Percent YTD in 2024 from Same Period in 2023.

Finished Import Market Share YTD at 23%.

According to data from the World Steel Association analyzed by SteelRadar, electric arc furnace (EAF) accounted for 28.6% of global steel production.

Global molybdenum production and use falls in Q1 2024