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U.S. manufacturing PMI contracts for 13 straight months amid slowing economy
Economic activity in the U.S. manufacturing sector contracted in November for the 13th month in a row, the Institute for Supply Management (ISM) said Friday. |
EU-US Global Arrangement on Sustainable Steel still shaky
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Following the meeting of the EU Trade Council on 27 November 2023, there still seems to be no solution to the steel dispute with the United States. |
AISI: US Steel Imports Unchanged In October vs. September
Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) reported that the U.S. imported a total of 2,182,000 net tons (NT) of steel in October 2023. |
Mining Boosts Australia Business Investment to 8-Year High, Outlook Upbeat
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Australian business investment rose to an eight-year high in the September quarter thanks to a rebound in mining, while plans for future spending were upgraded in a much-needed boost for economic growth. |
Champion Iron bolsters liquidity for growth opportunities
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Quebec Iron Ore (QIO), a subsidiary of TSX- and ASX-listed Champion Iron, has completed a $230-million term-loan financing facility, significantly increasing its available liquidity to support organic growth and development opportunities to decarbonise steelma... |
Antam to sign joint venture deal on EV battery plant in December
State-owned nickel and gold mining firm PT Aneka Tambang (Antam) is expected to sign a joint venture agreement with China’s Contemporary Amperex Technology Co. (CATL) to produce raw materials for electric vehicle (EV) batteries in December. |
Rio Tinto lauds country's advantages
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China's resilient supply chains have given multinational companies strong confidence to deepen their market development amid the improved business environment in the country in recent years, a top executive of Rio Tinto said. |
ArcelorMittal SA CEO sees no way of avoiding longs closure, says wind down to start in Jan
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ArcelorMittal South Africa (AMSA) CEO Kobus Verster believes there is no immediate prospect of addressing the structural issues undermining the financial viability of the group’s long-products business |
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