Fortescue, one of the world's largest iron ore miners, has signed a Memorandum of Understanding (MoU) with China Baowu Steel Group Corporation to work together on reducing emissions associated with iron and steel making.

Fortescue, one of the world's largest iron ore miners, has signed a Memorandum of Understanding (MoU) with China Baowu Steel Group Corporation to work together on reducing emissions associated with iron and steel making.

Down 5.0 Percent YTD in 2023 from Same Period in 2022.

Finished Import Market Share YTD at 22%.

In the week ending on June 24, 2023, US domestic raw steel production was 1,758,000 net tons while the capability utilization rate was 78.1 percent.

Stelar Metals completes acquisition of Trident Lithium Project in New South Wales

The United States has experienced a striking surge in construction spending for manufacturing facilities.

China will roll out more practical, effective measures to expand domestic demand and stoke market vitality, Premier Li told the World Economic Forum in Tianjin. Iron ore, used to make steel, surged by almost 4%.