The industry faces high energy prices and excessive regulation

The proposal was made against the backdrop of the cancellation of green projects in the country

World crude steel production for the 70 countries reporting to the World Steel Association (worldsteel) was 158.8 million tonnes (Mt) in May 2025, a 3.8% decrease compared to May 2024.

Rio Tinto and Hancock Prospecting will invest $1.61-billion to develop the Hope Downs 2 iron-ore project in the Pilbara, aiming to sustain long-term output from their joint operations in the region.

Iron-ore shipments from the largest bulk-export terminal set a record for the month of May, putting flows at the biggest year-to-date volumes even after weather issues curbed exports earlier in 2025.

UK-based steelmaker British Steel has announced its support for a £22million project aimed at strengthening domestic steel

Gina Rinehart's Hancock Prospecting is consolidating its two iron-ore businesses – Roy Hill and Atlas Iron – into a single entity named Hancock Iron Ore, in a move the company says will combine the strengths and experience of both operations to drive future ...

Aim-listed strategic metals producer Ironveld has raised £900 000, before expenses, through a placing with investors of two-billion shares at a price of 0.045p apiece.