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

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

Global metals miner Rio Tinto has successfully commissioned its $1.5-billion AP60 smelter expansion at the Complexe Arvida operation

The proclamation lowers tariffs on some agricultural equipment from 25% to 15%.

This week, the overall market trend for calcium metal has shown little fluctuation.