Sumitomo Metal Mining Canada is investing about C$14.5 million to gain a 9.9% interest in FPX Nickel (TSXV: FPX).

BHP Group said on Thursday it was reassessing the value of its nickel operations after a price slump, in a move that could lead to writedowns amid an oversupply of the metal used in electric vehicle batteries.

Rio Tinto, the UK-based mining giant, has reported that its iron ore shipments from Western Australia(WA) in 2023 totaled 331.81 million tonnes

BHP Records Iron-Ore Production Decline in 1st Half — Commodity Comment

Turkey’s Tosyali to invest $5bln to build steel plant in Saudi Arabia

South Korea steel giant Posco raises $500 million in 3 tear US dollar green bond

The total trading volume of 2403 contract on the exchange was 164876 lots, with a turnover of about 5521.3345 million yuan.

The industry association will also continue to call for the restoration of export tax rebates for high-end steel products.