Global steel prices on the up since early August
Buoyed by post COVID19 sharp recovery in steel demand, especially in China, resulting in super high seaborne iron ore prices,
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Ferrous Metals
Eastplats stabilizes production and increases PGM capacity
VANCOUVER, British Columbia, Canada – Eastern Platinum Limited (Eastplats) has reported that its subsidiary, Barplats Mines in South Africa, has
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Jubilee Metals: Further Record Growth Achieved
Jubilee’s operational growth during H2 2020 exceeded expectations despite the challenges of the COVID-19 pandemic. During H2 2020, the Company
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Russian steelmaker to further reduce its climate imprint
Natural gas producer NOVATEK and Russian steel giant LMK Group have signed a Memorandum of Cooperation in the field of
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Steelmaker uses blue hydrogen for climate-neutral production
GERMANY – Steel producer thyssenkrupp Steel Europe, Norwegian based broad energy company Equinor and gas transmission system operator OGE and
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Merafe Resources’ ferrochrome production decreases by 8%
SANDTON – In its production report for the quarter and year ended 31 December 2020, Merafe Resources says its attributable
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China automobile industry suffers from C-19 impact
The China Passenger Car Association has reported that passenger vehicle sales, referring to cars, MPVs, SUVs and minibus, in China
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Tharisa shows solid performance amid strong PGM market
CYPRUS – Tharisa, the leading integrated platinum and chrome producer with operations in South Africa, has announced another strong quarter
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US steel Industry and unions urge Biden to keep Trump’s steel tariffs
WASHINGTON, DC– Four of the main US steel industry associations and the United Steelworkers union have urged President-elect Joe Biden
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AMSA’s Vanderbijlpark Works restarts second blast furnace
ArcelorMittal South Africa’s Vanderbijlpark works has returned to full production, weeks ahead of a planned restart due to an upsurge
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Turkey to impose import duties on EU and Korean steel
Turkish Minister of Commerce, after examining the complaint of Turkish steelmakers, has began an anti dumping probe on imports of
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China Baowu Steel ranks world’s No 1 steelmaker
China’s top steel maker China Baowu Steel Group, after a series of mergers and acquisitions since 2016, celebrated its 2020
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Largest steelmaker to use natural gas at its blast furnace
The natural gas supplier VNG Handel & Vertrieb and ArcelorMittal will cooperate to make the production of steel products at
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Nornickel shuts down its outdated smelter
MOSCOW – Norilsk Nickel, the world’s largest producer of palladium and high-grade nickel and a major producer of platinum and copper, is shutting down
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Turkey-made steel not welcomed in Europe
The EU Commission has introduced anti-dumping duties on imports of some Turkish iron and steel products. The provisional duties, ranging
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GFG Alliance finalises buyout of Tasmanian alloy smelter
South32 and Anglo American have finalised the sale of the Tasmanian Electro Metallurgical Company (TEMCO) smelter to GFG Alliance. TEMCO
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Iron ore starts new year with a leap
Iron ore begins new year with a bang as Chinese crude steel output is expected to top one billion tonnes
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Japan to help India ramping up domestic steel production
India and Japan have signed an agreement to enhance cooperation between their steel industries with the aim of ramping up
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Will UK steel industry benefit from Brexit?
The UK steel industry has benefited greatly from EU membership over the past few years. Brexit could affect the UK
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Samarco restarts iron ore pellet plant 5 years after disaster
Samarco has met the licensing requirements to restart operations at its Germano complex in Minas Gerais and its Ubu complex
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Ferrochrome price announcement for the first quarter of 2021
The European benchmark ferrochrome price for the first quarter of 2021 has been settled at 117.5 US cents per pound,
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November 2020 global crude steel production
BRUSSELS, BELGIUM – World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 158.3
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Facor becomes preferred supplier of ferrochrome to China
NEW DELHI – Ferro Alloys Corporation Limited (FACOR) and Facor Alloys Limited (FAL), flagship Companies of the FACOR Group, one
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Fortescue Metals celebrates first iron ore at Eliwana mine
Fortescue Metals has reached a significant milestone in the development of its iron ore operations in the Pilbara, Australia, celebrating
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ArcelorMittal signs investment agreement with Invitalia
ArcelorMittal announces that it has signed a binding agreement (the ‘Investment Agreement’) with Invitalia, an Italian state-owned company, forming a
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Kumba: production likely to be close to lower end of guidance range
Kumba has provided an update on the company’s operational guidance for the full year 2020 and the outlook on production
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UK to impose tariffs on imports of steel from US after Brexit
LONDON – The Post-Brexit UK government will have an independent approach to the longstanding trade conflicts between the EU and
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Tata Steel fights pollution at its Dutch Plant
LONDON – Tata Steel has launched Roadmap+, EUR 300 million environmental-improvement plan to reduce emissions at its IJmuiden plant in
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Two specialty steel grinders in operation at Jiangsu Shagang
Danieli Centro Maskin has successfully commissioned two billet-grinding units for Jiangsu Shagang Group, in Zhangjiagang, China. The plant processes square
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Manganese: High stocks put pressure on global prices
During Q3 and Q4 2020, manganese ore prices have softened to around or below US$4/dmtu (CIF China) following the return
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