Global insight
The Suez crisis has caused a 150% increase in steel transportation costs
According to the ltalian Steel Trade Association Assofermet, the rise in steel transportation costs has been 150% more significant than in the pre-crisis period, months after the Suez crisis began. |
Bushveld receives USD3.0 million loan from Southern Point
Bushveld receives USD3.0 million loan from Southern Point |
Anglo American adds iron ore capacity at Minas Rio
Serra da Serpentina has an estimated resource of 4.3bn t. Minas Rio's pellet feed ore production was 24mn t in 2023, up by 12pc from a year earlier. |
Coal output, sales rise at Indonesia’s Adaro in 2023
Indonesian coal producer Adaro Energy Indonesia surpassed its 2023 production and sales targets on the back of continued high domestic and international demand. |
Liberty Steel targets Australian hydrogen, CCS deals
Liberty plans to build an electric arc furnace (EAF) at Whyalla. |
Nickel market surplus just 36,000t this year: Macquarie
The nickel market's supply overhang is not as significant as previously assessed, with physical supply-demand fundamentals tighter than market expectations and on track to balance sooner, according to the latest research undertaken by Australian bank Macquarie... |
South32 sells Australian Illawarra met coal operations
Australia-based diversified metals producer South32 has agreed to sell its Illawarra metallurgical coal operations in New South Wales state to an entity owned by Singapore-based Golden Energy and Resources (Gear) and Australia's M Resources for $1.65bn. |
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