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China’s iron ore imports rose 2.8% year-on-year in January and February, while steel exports rose 30%

According to the data released on Sunday by the General Administration of Customs, China’s imports of iron ore reached 181.5 million tons in the fist two months of 2021, up 2.8% from 176.6 million tons a year earlier.

Monday, March 8, 2021

China to 'strengthen management' of strategic mineral resources, eyes green upgrade of steel

China will "strengthen management and control" of its strategic mineral resources, the government said on Friday as it set out a five-year development plan, without providing any details on how it plans to secure key supplies and boost self-sufficiency.

Monday, March 8, 2021

NDI confirms northern Aus potential

Results from the first campaign of the National Drilling Initiative (NDI) confirm the mineral potential of a previously under-explored region of northern Australia.

Monday, March 8, 2021

AM/NS India plans to invest $6.88 billion to build a steel plant

According to Reuters, the company will spend $6.88 billion to build a steel plant in eastern India’s Odisha under an agreement with ArcelorMittal Nippon Steel India.

Monday, March 8, 2021

U.S. steel prices are nearly 70% higher than the global prices

It is understood that the current U.S. steel plant capacity utilization rate is only 75%, far below last February 82% level.

Monday, March 8, 2021

Hegang Group and BHP hand in hand to “carbon emissions reduction”

A few days ago, the chairman of the world iron and steel association, party secretary of hegang group, chairman yu yong and bhp chief executive officer Mike Henry around carbon reduction and climate change and further strengthen cooperation in low-carbon metal...

Monday, March 8, 2021

Southern Africa has ‘huge potential’ to benefit from the shift to green hydrogen

While there is growing momentum across the world around investment in hydrogen and the related import and export value chains, management consulting company Kearney MD Romain Debarrewarns that there is still a lack of supply and demand for the hydrogen economy...

Monday, March 8, 2021

Chinese steel mills lower direct-charge ore usage

Buyers started cutting the proportion of direct-charge materials in January — first reducing pellet usage and then lowering the lump proportion, sources said.

Monday, March 8, 2021