News
Strike alert at BHP's iron ore operations
8+ hour, 4+ min ago (322+ words) If the strike goes ahead, it could disrupt the company's iron ore operations and result in an estimated revenue loss of around USD 80 million per day. According to the Combined Ports Unions, workers are planning to stop work between 2: 00 p. m. and…...
Far East iron ore market today: China and South Korea record increases while other markets remain stable
1+ day, 6+ hour ago (130+ words) Steel Radar Far East iron ore market today: China and South Korea record increases while other markets remain stable The Far East iron ore market showed stronger activity as of July 9, with price increases recorded in China and South Korea,…...
Metsys to build first phase of new manufacturing complex near Brovary
4+ day, 4+ hour ago (216+ words) According to Khoroshilov, the project will transform a former informal landfill into a large-scale industrial facility for processing steel and aluminum into a wide range of engineered metal systems for construction, industrial applications and consumer products. The company also plans…...
LKAB receives environmental approval for mining operations and fossil free sponge iron investment
3+ week, 2+ day ago (234+ words) The permit covers the continuation of existing mining and ore processing activities in Malmberget, along with capacity expansions and measures aimed at reducing environmental impacts on air and water. It also approves the construction of a demonstration facility for fossil…...
Limited increase observed in Far East iron ore market
3+ week, 2+ day ago (214+ words) Data from 15 and 16 June 2026 indicated activity in the Far East iron ore market. The global iron ore price increased by %0. 83, rising by USD 0. 85 on 15 June to reach USD 102. 24. Similarly, upward movements were recorded in CFR China futures within the Singapore…...
Iron ore prices decline amid weak Chinese demand and margin pressure
1+ mon, 1+ week ago (191+ words) Steel Radar Iron and Steel Markets Iron ore prices decline amid weak Chinese demand and margin pressure A downward trend dominated the iron ore market on June 3, 2026. Prices on the Dalian and Singapore exchanges generally declined due to weakening steel…...
Trump announces comprehensive changes to steel, aluminum, and copper tariffs
1+ mon, 1+ week ago (625+ words) Steel Radar Iron and Steel Markets Trump announces comprehensive changes to steel, aluminum, and copper tariffs The administration of U. S. President Donald Trump has announced comprehensive changes to tariffs imposed on steel, aluminum, and copper imports. According to a statement released…...
IEEFA: Could the Middle East conflict help Australia catch up in the green iron race?
2+ mon, 1+ week ago (577+ words) Basirat stated that the conflict in the Middle East could open a narrow window of opportunity for Australia to catch up with its competitors in the global green iron race, adding that Australia should be ready to seize this opportunity…...
Rio Tinto resumes iron ore operations following Tropical Cyclone Narelle
3+ mon, 1+ week ago (195+ words) Steel Radar Rio Tinto resumes iron ore operations following Tropical Cyclone Narelle Rio Tinto has announced that iron ore port operations have resumed following the passage of Tropical Cyclone Narelle over Western Australia's Pilbara region. In a statement from the…...
South Africa achieves 70% energy savings in steel and ferroalloy production with Smelt Direct smelting technology
3+ mon, 4+ week ago (195+ words) The Smelt Direct technology reduces the energy requirement from 4 MW per ton in conventional systems to 1. 2 MW per ton, creating approximately 700 new jobs for every 200, 000 tons of alloy produced. It also halves carbon emissions and provides cost advantages in both…...