NH3 works to decarbonise iron ore exports

NH3 Clean Energy has signed an agreement with Pilbara Ports Authority to explore the decarbonisation of iron ore shipments from the Port of Dampier in Western Australia.

Tuesday, February 11, 2025

EU vows to react to steel duties from Washington

Germany also warned on Monday that higher duties would "harm all sides".

Tuesday, February 11, 2025

Shanghai sees record high in cross-border RMB settlement

Cross-border renminbi settlement realized in Shanghai hit a record high of 29.8 trillion yuan ($4.1 trillion) in 2024, People's Bank of China Shanghai head office said on Wednesday.

Tuesday, February 11, 2025

Pilbara Minerals expects to swing to first-half loss

Australia's Pilbara Minerals said on Monday it expects to swing to an underlying loss for the first half, as it placed one of its two processing plants in care and maintenance owing to a steep drop in lithium prices.

Tuesday, February 11, 2025

Kumba to report nearly 50% drop in headline earnings for 2024

The company’s headline earnings for the period are expected to be between R11.7-billion and R12.9-billion, compared with headline earnings of R22.7-billion for 2023.

Monday, February 10, 2025

Vale takes full control of Baovale iron-ore project

Brazilian miner Vale confirmed on Thursday it has bought the 50% stake in its Baovale tie-up previously owned by its Chinese partner Baoshan Iron & Steel, known as Baosteel, a move that gives Vale full control of the iron-ore project.

Monday, February 10, 2025

US delay of Canada, Mexico tariffs further muddles North America’s steel market

“I’m not sure of the effects of the on-and-off-again tariffs.” — second US distributor

Monday, February 10, 2025

Southeast Asia is likely to raise its usage of green steel in 2025

This includes the growing momentum to reduce Scope 1-3 emissions to increase the number of “Net-Zero” buildings, according to sources.

Monday, February 10, 2025
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