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China Baowu became the main shareholder of Daming International Holdings Co., Ltd.

Recently, Daming International Holdings Co., Ltd. issued a notice that the company learned that China Baowu has acquired a 51% stake in Taiyuan Iron and Steel and the acquisition has been completed.

Thursday, February 25, 2021

Inadequate supply of raw materials sweep the global manufacturing America's Steel Shortage

Over the past year, the epidemic has been cloudy, many American steel mills have stopped production, the United States steel industry has been hit.

Thursday, February 25, 2021

Hebei Iron and Steel Industry Transformation and Upgrading Fund reach $8.5 billion

The reporter learned from the Shenzhen Stock Exchange that Hebei Iron and Steel Industry Transformation and upgrading Fund total scale of 8.5 billion yuan.

Thursday, February 25, 2021

South African miners to focus on competitiveness and embrace 4IR to thrive

For the South African mining industry to thrive, it needs to focus on its competitiveness and it should embrace the Fourth Industrial Revolution (4IR), says University of Johannesburg Vice Chancellor and principal Professor Tshilidzi Marwala.

Thursday, February 25, 2021

4IR in mining heralds generational change of guard, softer digital jobs – Butler

Along with the adoption of technologies needed for the Fourth Industrial Revolution (4IR) could potentially come a change in the type of jobs being created in the mining industry, gold miner Gold Fields technical executive VP Richard Butcher has said.

Thursday, February 25, 2021

AECI’s diversification strategy helped to deliver solid 2020 performance amid challenging year

JSE-listed chemicals group AECI has declared a final cash dividend of 470c apiece for the year ended December 31, 2020, despite a 55% year-on-year decrease in profit from operations to R917-million.

Thursday, February 25, 2021

Fortescue’s green hydrogen vision for iron and steel takes a leap forward

Andrew Forrest’s grand call in a televised speech a few weeks ago for Australia to produce green steel made from zero-emissions energy such as hydrogen is starting to lead to action.

Thursday, February 25, 2021

China's benchmark power coal price edges down

China's benchmark power coal price dropped slightly during the past week.

Thursday, February 25, 2021