Category: Market
Vale Reports 4.5% Decrease in Iron Ore Production in Q1 2025, Despite Sales Growth
Vale’s iron ore production dropped by 4.5% in Q1 2025, but the company’s sales grew by 3.6%, supported by strong…
EXIM Bank Provides $825M Financing for Ivanhoe Electric’s Santa Cruz Copper Project
Ivanhoe Electric has received support for its Santa Cruz Copper Project, with EXIM Bank offering up to $825…
Evolution Mining Extends Cowal Gold Mine to 2042 With $273.4 Million Investment
Evolution Mining is extending the life of its Cowal gold mine to 2042 with a $273.4 million investment, increasing…
Turkey Exhausts EU Steel Import Quotas for Q2: A Strategic Shift in Steel Trade
Turkey has exhausted several EU steel import quotas for Q2 2024, particularly for rebar, wire rod, and…
Nucor Cuts Hot Rolled Coil Prices for the First Time in 2024
Nucor has lowered its hot rolled coil prices for the first time in 2024, signaling potential shifts in U.S….
Global Stainless Steel Production Increased by 7% in 2024
Global stainless steel production rose by 7% in 2024, led by China’s continued dominance and strong output from Asia.
Chinese Tantalum Smelters Push Back Against Feedstock Price Increases
Chinese Tantalum smelters resist rising tantalite costs amid US tariffs, weak demand, and stable inventories.
Howmet Takes Cautious Stance on Boeing’s 2025 Output Targets
Howmet lowers expectations for Boeing’s titanium needs in 2025 amid supply concerns and rising aftermarket demand.
POSCO Explores Partnership with Hyundai Steel for $5.8 Billion Steel Plant in Louisiana
POSCO is considering joining Hyundai Steel’s $5.8 billion project in Louisiana to build a steel plant. This potential…
Shandong Aipurui Steel Plate Co. Ltd Plans Steel Plant in Uzbekistan’s Ferghana Region
Shandong Aipurui Steel Plate Co. Ltd plans to build a $120 million steel plant in Uzbekistan’s Ferghana region. The project will…
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