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Fenix signs iron ore sale deal with Sinosteel

Fenix Resources (ASX:FEX) now has sales agreements covering all of its iron ore production from the Iron Ridge project in Western Australia after reaching a binding offtake agreement with Chinese heavyweight Sinosteel.

Friday, October 16, 2020

China's PPI down 2.1% in September

The decline slightly widened from the 2-percent drop in August, the NBS data showed.

Friday, October 16, 2020

Nippon Steel mulls selling 2 U.S. plants to streamline global business

According to the sources, both plants are in the U.S. state of Indiana and jointly operated with ArcelorMittal S.A.

Friday, October 16, 2020

Foreign trade set to continue stable growth in 4th quarter

In the same period, imports of soybeans rose 15.5 percent, pork imports grew by 132.2 percent and beef imports increased 38.8 percent.

Thursday, October 15, 2020

Nigeria launches commercial operation of Chinese-built railway

The Nigerian government on Tuesday launched the commercial operation of the Itakpe-Ajaokuta-Warri railway.

Thursday, October 15, 2020

China’s HRC inventories up 8.5% in early October; steel output drops

Steel inventories at member mills of the China Iron & Steel Association (CISA) and in the spot market both increased in early October.

Wednesday, October 14, 2020

JSW Poland's results improve in line with Europe steel recovery

JSW’s operational performance improved with the European steel market slowly recovering from the effects of the Covid-19 pandemic.

Wednesday, October 14, 2020

Mexican scrap prices mostly stable on low supply, US prices

Mexican scrap prices mostly stable on low supply, US prices.

Wednesday, October 14, 2020