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China Baowu signs agreements to acquire Shandong Iron and Steel Group

China Baowu Steel Group Corporation on Thursday signed investment agreements with the Shandong provincial government on the takeover of the state-owned Shandong Iron and Steel Group Co Ltd.

Tuesday, January 2, 2024

Ferrosilicon Futures close at 6690 on January 2, up 0.12%

The total trading volume of 2402 contract on the exchange was 78903 lots, with a turnover of about 2637.5867 million yuan.

Tuesday, January 2, 2024

Steelmaking deal aimed at better welding Japan to Washington's geopolitical strategy

The proposed purchase of US Steel by Nippon Steel has made a big splash since it was disclosed last week.

Tuesday, January 2, 2024

Eramet, Vibrantz ink manganese ore supply agreement for Mn-based battery techs

French mining firm Eramet and American chemical coatings company Vibrantz Technologies announced a 10-year supply agreement for manganese ore late last month,

Tuesday, January 2, 2024

Iran spending 60% less hard currency on steel production

Bahram Sobhani referred to the role of the indigenization movement in reducing the use of foreign currency in steel production

Tuesday, January 2, 2024

Aneka Tambang sells shares of subsidiaries to world’s biggest EV battery company

Indonesian miner Aneka Tambang has sold shares worth $467.18 million in two of its subsidiaries to a unit of the world’s biggest electric vehicle battery maker, China’s Contemporary Amperex Technology Co (CATL).

Tuesday, January 2, 2024

US extends steel TRQs for EU for another two years

The US has determined that specified volumes of steel product imports from the European Union will no longer threaten to impair national security

Tuesday, January 2, 2024

Nickel is year’s biggest metals loser, copper manages small gain

In a mostly lackluster year for metals trading, nickel emerged as the worst performer and might not see a reprieve anytime soon.

Tuesday, January 2, 2024
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