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Rio Tinto and partners to invest $733 million in Pilbara iron ore projectRio Tinto and its partners will invest $733 million in Western Australia's Pilbara region. This investment will sustain the West Angelas ir...- Markets question how soon Nippon Steel will see gains from $15 billion US Steel bidNippon Steel's $15 billion bid for U.S. Steel faces investor scrutiny over financing and potential dilution, despite Trump's backing and jo...
- How Nippon Steel’s top negotiator fought sleeplessly to revive $14.9 bn US Steel dealNippon Steel's executive, Takahiro Mori, is striving to salvage the $14.9 billion US Steel takeover amidst political hurdles. Despite Presi...
- Trump says US will control US Steel as part of Nippon dealDonald Trump asserted that the United States would maintain control over U.S. Steel despite its partnership with Nippon Steel, emphasizing ...
- Nippon Steel shares climb after Trump offers support for U.S. Steel dealNippon Steel's shares saw a surge in Tokyo. This followed Donald Trump's backing of their bid for U.S. Steel. Trump highlighted the deal's ...
- TV Narendran elected as worldsteel Chairman; second Indian to head global bodyThachat Viswanath Narendran, MD and CEO of Tata Steel, has been elected as the chairman of the World Steel Association. He is the second In...
- US bans new types of goods from China over allegations of forced labourThe US Department of Homeland Security has banned imports from a Chinese steel manufacturer and an artificial sweetener maker for using for...
- Welcome to the end of the biggest commodity boomThe iron ore market saw unprecedented growth due to China's economic surge over the last 25 years. However, with demand peaking and new low...
- Iron ore’s $100 floor at risk of collapse from jump in supplyThe world’s largest untapped ore reserve in Guinea’s Simandou is intensifying preparations for production. The project could deliver 5 mill...
- US Steel to be acquired for more than $14 billion by Nippon SteelNippon Steel is acquiring U.S. Steel, the historic Pittsburgh steel producer, in an all-cash deal valued at around $14.1 billion, totaling ...
- The world’s iron ore powerhouse is preparing to reinvent itselfLast year, iron ore shipments accounted for about 5% of the country’s gross domestic. But now China is cooling, while steel producers are u...
- World Steel Association elects Leon Topalian as Chairman, India's T V Narendran as Vice ChairmanLeon Topalian, President & CEO of Nucor Corporation, has been elected as Chairman of worldsteel, with T V Narendran, MD & CEO of Tata Steel...
- China's central bank upbeat on Q2 GDP growthAs rising interests rates and inflation squeeze demand in the United States and Europe, China's core CPI has been soft and factory gate pri...
- China industrial profits tumble 18% in April as demand sputtersChina's industrial firms saw an overall 20.6% drop in profits from January to April compared to the same period last year, according to dat...
- China industrial profits tumble 18% in April as demand sputtersProfits fell 20.6% in January-April from a year earlier, compared with a 21.4% decline in the first three months, according to data from th...
- India's steel consumption to fall in FY21, first decline since financial crisis: Moody's“We assume that economic activity has begun to gradually pick up from July. However, given the possibility for second or third waves of vir...
- China shares gain on FTSE Russell entry hopes, potential MSCI weighting raiseAt 07:04 GMT, the yuan was quoted at 6.8765 per US dollar.
- Sajjan Jindal,T V Narendran elected to worldsteel key postsJohn Ferriola, Chairman, Chief Executive Officer, President, Nucor Corporation and POSCO CEO Ohjoon Kwon have been elected to the post of V...
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