Mining requires massive investment to meet demand - BHP

The head of diversified miner BHP, Mike Henry, has highlighted the massive investment required in the resources sector to meet global decarbonising efforts.

Thursday, May 18, 2023

Iron-ore slump deepens on China demand anxiety, supply pressure

Iron-ore futures wobbled on Friday and were on track for weekly losses due to waning optimism over prospects for demand recovery in top steel producer and metals consumer China, with additional pressure from rebounding supplies from Australia and Brazil.

Monday, May 15, 2023

Thai Q1 GDP grows 2.7% y/y, beats expectations

Thailand's economy expanded 2.7% in the first quarter from a year earlier, official data showed on Monday, faster than expectations, as private consumption and tourism rebounded.

Monday, May 15, 2023

AISI: US Raw Steel Production in the week ending on May 6, 2023

In the week ending on May 6, 2023, US domestic raw steel production was 1,712,000 net tons while the capability utilization rate was 76.1 percent.

Friday, May 12, 2023

Glencore to build Europe's largest battery recycling plant

Mining and commodities giant Glencore (LON: GLEN) has joined forces with Canada's Li-Cycle Holdings (NYSE: LICY) to build a battery recycling plant in Italy, set to become Europe's largest facility of this kind.

Wednesday, May 10, 2023

India’s Tata sees steel demand improving in 2023-24

Indian private-sector producer Tata Steel expects a better year for steel demand on the back of infrastructure and automobile sector growth but said there is "some fragility" in the international markets.

Tuesday, May 9, 2023

India's April finished steel exports hit 13-month high

Finished steel production rose by 3.7pc on the year to 9.98mn t, while consumption picked up by 7.2pc to 9.88mn t over the same period.

Tuesday, May 9, 2023

Tata Steel warns of uncertainty over UK business

Tata Steel is considering shutting down its UK operations if the government does not provide adequate funding support for the decarbonisation transition project.

Monday, May 8, 2023
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