Global insight

Saudi Arabia’s next act is supplying the world with EV batteries

The world’s biggest oil producer is now also aiming to become a key hub for making batteries for electric vehicles, as Saudi authorities look for new ways to diversify the economy and develop a domestic auto industry.

Thursday, November 9, 2023

China’s state-backed iron ore giant says prices are too high

Iron ore has reached “unreasonable” levels that are hurting Chinese steel mills, according to China Mineral Resources Group, the state-backed firm trying to boost Beijing’s sway over prices.

Wednesday, November 8, 2023

TAKRAF signs major IPCC deal with Rio Tinto for Simandou in Guinea

In a notable achievement, TAKRAF Group has announced the signing of a major contract between Rio Tinto and TAKRAF concerning development of the Simandou iron ore complex in Guinea.

Wednesday, November 8, 2023

Bushveld Minerals Q3 2023 and 9M 2023 Operational Update

Bushveld Minerals Q3 2023 and 9M 2023 Operational Update

Wednesday, November 8, 2023

Cliffs raises HRC prices to $1,000/st

Integrated steelmaker Cleveland-Cliffs has increased its minimum hot-rolled coil (HRC) price to $1,000/short ton (st).

Wednesday, November 8, 2023

Japan's JFE Steel to replace coal with recycled fuels

JFE Steel also targets to expand the recycling capacity at the planned Keihin plant to a maximum 120,000 t/yr by 2023-31, cutting carbon dioxide emissions by 160,000 t/yr.

Wednesday, November 8, 2023

Indonesian, Australian firms team up on zero-emission steel

JAKARTA, Indonesia and PERTH, Australia, Nov. 6, 2023 /PRNewswire/ -- Leading private Indonesian steelmaker PT Gunung Raja Paksi Tbk (GRP), a member of Gunung Steel Group, is working towards a greener, more inclusive future,

Tuesday, November 7, 2023

Regulator approves Eskom tariff discounts for ferrochrome groups

The Energy Regulator has approved six-year negotiated pricing agreements (NPAs) for ferrochrome smelters operated in South Africa by both Glencore-Merafe Chrome Venture and Samancor Chrome

Tuesday, November 7, 2023
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