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US ferrous: Detroit bids widen prime/shred spread

Machine shop turnings price indications are expected to emerge later, but a sideways trend would leave prices at $130/gt.

Tuesday, October 11, 2022

India’s Tata Steel posts 7pc rise in sales in Jul-Sep

Indian private-sector producer Tata Steel's sales rose by 7.2pc on the year in July-September, despite monsoon-led seasonal weakness.

Tuesday, October 11, 2022

Canada's rare earth processing hub prepares to ramp up

"Our plant uses a lot of water and chemicals but unlike other jurisdictions will not produce a single litre of liquid waste," SRC president Mike Crabtree said.

Tuesday, October 11, 2022

Peru's mining exports edge down in Jan-Aug

Peru’s mining exports fell in the first eight months, the first accumulated year-on-year drop in 2022.

Tuesday, October 11, 2022

Cosan acquires 4.9% of miner Vale, plans to buy more

SAO PAULO - Brazilian conglomerate Cosan said on Friday it had acquired a 4.9% stake in Vale and intends to increase its bet in the mining company.

Monday, October 10, 2022

Fortescue doubles green hydrogen spending as Europe push expands

The company held guidance on FFI’s annual operating expenditure unchanged at $500 million to $600 million.

Monday, October 10, 2022

Vale hires advisors as it assesses ‘value-unlocking alternatives’

Vale added in a securities filing, however, that no decision has been reached yet on any potential transaction.

Monday, October 10, 2022

Uncertain future for Europe’s scrap market: Cronimet

The European stainless steel scrap market is facing a near-term demand crisis and high uncertainty going into the fourth quarter...

Monday, October 10, 2022
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