Italian stainless steel scrap prices are seen increasing in new November contracts by some €40/tonne ($47) compared to October. Prices will be supported by costlier nickel and some improvement in…
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Mechel signs long-term coal supply Contract with South Korea’s STX Corporation
Mechel PAO (MOEX: MTLR, NYSE: MTL), one of the leading Russian mining and metals companies, reports extending the year-long coal supply contract with STX Corporation, one of South Korea’s major…
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Shanxi Meijin closes coking plant
Shanxi Meijin Coking Company, located in Qingxu County of Shanxi Province, has closed. This also means that Taiyuan City has completed its 2020 goal of shutting down backward production capacity…
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Metalloinvest begins shipment of export products from its new terminal in Ust-Luga
Metalloinvest, a leading global iron ore and HBI producer and supplier, and one of the regional producers of high-quality steel, has made the first export shipment from the new terminal…
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ArcelorMittal and Triple M join forces to form Integrated Metal Recycling Inc.
ArcelorMittal Long Products Canada and Triple M Metal, two of the largest players in Canada’s metal recycling industry, are joining forces to offer more choice and services to scrap metal…
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Iran concentrate deliveries fall despite higher output
Nine major Iranian miners decreased merchant iron ore concentrate shipments -5% on-year in the month through 21 September to 1.54 million tonnes, according to the Iranian Mines and Mining Industries…
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BHP announces the appointment of Senior Independent Director
In accordance with UK Listing Rule 9.6.11, BHP advises that Susan Kilsby has been appointed as the Senior Independent Director for BHP Group Plc, effective 15 October 2020, following the…
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Sandvik joins Sustainable Underground Mining industrial collaboration of LKAB, ABB, Combitech and Epiroc
To develop the digitalized, autonomous and carbon-dioxide-free mine of the future, in collaboration with other globally leading Swedish companies, LKAB initiated SUM, Sustainable Underground Mining in 2018. Significant progress has…
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European Union is launching the European Raw Materials Alliance to secure access to sustainable raw materials, advanced materials, and industrial processing know-how
European Union is launching the European Raw Materials Alliance, that LKAB is a partner of, with the ambition to secure access to sustainable raw materials, advanced materials, and industrial processing…
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Cleveland-Cliffs Inc. to acquire ArcelorMittal USA
Cleveland-Cliffs Inc. (NYSE: CLF) announced that it has entered into a definitive agreement with ArcelorMittal S.A. (NYSE: MT), pursuant to which Cleveland-Cliffs will acquire substantially all of the operations of…
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