Global insight

AISI: US Raw Steel Production in the week ending on January 6, 2024

In the week ending on January 6, 2024, domestic raw steel production was 1,707,000 net tons while the capability utilization rate was 76.9 percent.

Wednesday, January 10, 2024

Nickel 28 Releases Ramu 2023 Production and Provides 2024 Production Guidance

For the calendar year ending December 31, 2023 Ramu produced 33,604 tonnes of nickel and 3,072 tonnes of cobalt contained in mixed hydroxide precipitate (“MHP”), exceeding Ramu’s design capacity for a 7th consecutive year.

Wednesday, January 10, 2024

Iron ore pellet production to be all-time high in FY24

Iron ore pellet production is likely to reach an all-time high in FY24 supported by strong domestic demand and pick up in exports.

Wednesday, January 10, 2024

Woodside to partner on lower-carbon hydrogen value chain with SK E&S

Woodside Energy and South Korea’s SK E&S Co. Ltd. have signed a non-binding Memorandum of Understanding (MOU) to enable research on potentially developing a lower-carbon hydrogen value chain, including hydrogen, ammonia, and related products.

Tuesday, January 9, 2024

India's Tata Steel to spend $1.2 billion annually to create 1-2 million mt new capacity each year

India's Tata Steel Limited will invest an estimated $1.2 billion every year to increase its steelmaking capacity by 1-2 million mt per year to maintain its market share

Tuesday, January 9, 2024

Australia's Strike Resources to divest Paulsens East iron ore mine, advance iron ore project in Peru

Strike Resources plans to use a part of proceeds of the sale to fully repay its US$7.2 million loan owed to Australia-based Good Importing International

Tuesday, January 9, 2024

Administrators suspend Savannah nickel operations

The administrators of Panoramic Resources has announced the suspension of operations at the Savannah nickel project, in Western Australia.

Tuesday, January 9, 2024

Simandou build expected to start in 2024 after almost 30 years of setbacks

Rio Tinto expects to begin infrastructure work on the massive Simandou iron ore project in Guinea this year following almost three decades of setbacks and scandals.

Tuesday, January 9, 2024
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