Russia to expand cooperation in geological exploration with African countries

Shares of ferro alloys manufacturer Nava Ltd traded down 2.9 percent at Rs 395.20 at 10:03am on August 17 after the company halted production of silico manganese at its Odisha plant because of an accident.

Brazil produced 2.8 million mt of crude steel in May, 5.5 percent less than in May 2022, according to the country's steel institute lABr.

Teck Resources (TSX: TECK.A and TECK.B; NYSE: TECK) is working with Norden to reduce carbon dioxide (CO2) emissions in Teck’s steelmaking coal supply chain. The agreement is expected to reduce annual emissions from Teck shipments handled by Norden by 25%, or ...

The transaction was expected to close by the first quarter of 2024.

Demand for Fortescue’s products has remained strong all year. This is the result of steel mill profitability as well as the consistent quality of delivered product and the low variability of Fortescue ores.

The Global Steel Climate Council (GSCC) has launched new standards for producers that want to call their products “low carbon” is deciding exactly what “low carbon” means.

Notably, sources estimated that by 2030, 30% of the European steel market will be green (zero or close to zero emissions).