Iron-ore’s blistering rally sets sights on $200 as steel booms

Mining News Pro - A surge in steel consumption as the world emerges from its pandemic-induced slump is set to drive iron-ore to an unprecedented high as the biggest miners struggle to keep up with the frenzied pace of demand.

Iron-ore stretches gains on global steel demand recovery

Iron-ore prices in Asia pushed higher on Monday as strengthening global steel demand buoyed sentiment, and as Chinese steel mills continued to ramp up output despite the government's scrutiny of their compliance with stricter anti-pollution rules.

Iron ore price hits 10-year high on rising steel demand

Mining News Pro - Iron ore prices continued to climb on Friday despite concerns over environmental restrictions in China.

Oxin Steel: Steel sheet production tonnage record is broken

Mining News Pro - According to its CEO, for the first time, with the production of 735 thousand tons of wide steel sheet, Oxin Steel Company reached the highest production level in the last ten years.

The head of Oxin Steel Company was introduced

Mining News Pro - New head of Oxin Steel Company has been introduced according to a statement by the CEO of this company.

GFG Alliance defends Tahmoor Coal, OneSteel future

Mining News Pro - The collapse of German financier Greensill Capital has thrown the future of the GFG Alliance into jeopardy, with Australia’s Whyalla steel mill and Tahmoor Coal caught in the crossfire.

Swedish JV will open first fossil-free steelmaking plant in 2026

Mining News Pro - A Swedish joint venture that aims to remove fossil fuels from steelmaking is planning on establishing its first demonstration plant in 2026.

Iron ore loses steam amid crackdown on China’s steel mills

Mining News Pro - Iron ore prices for Australian fines imports to China have recovered to US$160.1 ($210) per dry metric tonne after falling to a six-week low earlier in the week.

Sheffield, Yansteel commence Thunderbird JV

Mining News Pro - Sheffield Resources and Yansteel have begun a joint venture (JV) at the Thunderbird mineral sands project in Western Australia as the latter acquired a 50 per cent stake in Kimberley Mineral Sands.

MIDHCO: Commencement of operation in one of the largest steel projects in Iran

With the presence of MIHDCO’s chief executive, Zarand Iranian Steel Co. has been exploited.

Sheffield/Yansteel JV gets under way

Mining News Pro - Sheffield Resources has concluded its joint venture (JV) transaction with Yansteel over its Thunderbird project, in Western Australia.

Stealing uses for steel

Mining News Pro - DYNA Engineering’s HDPE (plastic) conveyor guards are providing Australian miners with a sustainable solution for site safety.

Saba Steel Company doubled the production in this year

Mining News Pro - Saba Steel Company has succeeded to increase its production this year.

New executive vice president has been appointed for Oxin Steel

Mining News Pro - Chief executive of Oxin Steel Company appointed the new executive vice president of this company.

Anti-dumping investigation could lead to higher costs for European steelmakers

Mining News Pro - European steelmakers using electric arc furnaces (EAFs) could see higher costs in their production lines as a result of a recent skirmish between Chinese exporters of synthetic graphite electrodes and Europe-based manufacturers.

Achieving the highest crude steel production in the history of Mobarakeh Steel

Mining News Pro - During the 11 months of this year, MSC succeeded to produce 6,341,000 tons of crude steel and reach the highest crude steel production in the history of the company.

Appointment of Executive Vice President of Oxin Steel Company

Mining News Pro - Mohammadhosein Izadian has been appointed to the Executive Vice President of Oxin Steel Company with the statement of of the CEO of the company.

Iran’s first 300mm slab has been produced by Oxin Steel Co

Mining News Pro - Oxin steel company is the first to produce 300mm slab in Iran which is the most large and resistant.

Oxin Steel continues the cooperation with KSC

Mining News Pro - After the appointment of Ghalenoei as the new Khuzestan Steel Company’s chief executive, a meeting has been held between this company and one of their major slab consumers.

Efficient interaction between KSC and Oxin Steel

Mining News Pro - After the appointment of Ghalenoei as the new Khuzestan Steel Company’s chief executive, a meeting has been held between this company and one of their major slab consumers.

BHP, JFE to decarbonise steelmaking

Mining News Pro - BHP has established another working collaboration that aims to cut greenhouse gas emissions from the steelmaking process, this time with Japanese Steel producer JFE Steel.

BHP partners with JFE to cut carbon from steel-making

Mining News Pro - BHP Group said on Wednesday it would invest up to $15 million over five years as part of a deal with Japan’s JFE Steel to look at technologies and other ways to lower emissions from the steel-making process.

Green hydrogen and powerfuels could revive ailing PetroSA, unlock green steel and create €160bn export platform

Mining News Pro - The combination of South Africa’s world-class wind, solar and land resources, its platinum group metals reserves, as well as its historical experience in industrial-scale synthetic-fuel manufacture, position the country strongly for the production of green hydrogen and tradeable synthetic powerfuels, a new report affirms.

Will China actually cut steel output?

Mining News Pro - China’s vast steel sector, and the iron ore industry feeding it, is grappling with a seemingly contradictory policy impulse that it should produce less this year, even as demand remains strong amid post-pandemic stimulus spending.

Iron ore price in full retreat as Chinese steel starts to pile up

Mining News Pro - Iron ore prices fell back on Tuesday after data showed five straight weeks of lower production by Chinese steel mills, which forge more crude steel than the rest of the world combined.

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