US Midwest rebar remained steady at $830-840/short ton in November as demand was unchanged. Import prices began moving higher from a price floor of $750-770/st as overseas pricing rises.

China's infrastructure sector investment likely grew by 6-9pc in 2023, Chinese securities analysts have forecast.

European steelmaker ArcelorMittal has not bought Polish power producer Tauron Polska Energia's stake in the two firms' joint venture, Tameh Holding, despite claims by the latter, ArcelorMittal told Argus.

The Federal Government of Nigeria has embarked on discussions with Luan Steel Holding Group

Feralpi Group intends to invest over 220 million euros in decarbonization over the next few years to focus on green steel production at its Riesa facility, generating around 900 industrial jobs.

The Baptiste nickel project is located in central British Columbia and is being developed by FPXNickel, a nickel mining company based in Vancouver, Canada.

Initiated in 2019, the global call for Expressions of Interest (EoIs) failed to garner substantial interest from potential buyers, resulting in the annulment of the sale.

The venture’s fruition highlights Baowu's commitment to expanding its iron ore operations in strategic locations. The loading and dispatch of the bulk carrier denote the operational readiness and successful commissioning of the Bomi project.