China Taiyuan coal transaction price index down 0.12 pct

China Taiyuan coal transaction price index stood at 143.89 points Monday, down 0.12 percent week on week.

Tuesday, February 2, 2021

U.S. Steel Corp. completed its acquisition of the remaining 50.1% of Big River Steel Corp.’s shares

U.S. Steel Corp. recently bought the remaining 50.1% of Big River Steel. The acquisition cost $774 million, while U.S. Steel spent about $700 million when it acquired a 49.9% stake in Big River Steel in November 2019.

Tuesday, February 2, 2021

India's JSW Steel to reach 23mn t/yr capacity in March

Indian steelmaker JSW Steel aims to complete 5mn t/yr of expansion projects by the end of March, increasing its crude steelmaking capacity to 23mn t/yr.

Tuesday, February 2, 2021

China imports first batch of recycling iron and steel materials

The materials weighing 3,002 tonnes were shipped from Japan to east China's Shanghai.

Tuesday, February 2, 2021

Steel sold into N Ireland to clear on UK import quota

However, there needs to be sufficient capacity in both the EU and UK quotas for this interim solution to be utilised.

Tuesday, February 2, 2021

SSAB pulls out of Tata Steel Europe deal

SSAB intends to be a fossil fuel-free company by 2045, and to supply its first fossil fuel-free steel to the market in 2026.

Tuesday, February 2, 2021

Anglo-American iron ore production is expected to increase 5%-10% this year

A few days ago, Anglo-American Resources Group (Anglo American) released the fourth quarter of 2020 production report showed that the fourth quarter of last year, total iron ore production increased by 10% from a month earlier.

Monday, February 1, 2021

Masteel Group expects an annual net profit in 2020 about 1.979 billion yuan

The net profit attributable to shareholders of listed companies after deducting non recurring profit and loss is about 1.418 billion yuan

Monday, February 1, 2021
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