Global insight

BHP flags possible writedowns at nickel unit on low prices

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.

Thursday, January 18, 2024

Rio Tinto: 2023 iron ore shipments below targets

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

Thursday, January 18, 2024

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

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

Thursday, January 18, 2024

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

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

Thursday, January 18, 2024

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

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

Wednesday, January 17, 2024

Union Grievances Echo Amidst U.S. Steel's Nippon Acquisition

¡°We did not agree to this arrangement, nor do we have any information about the financial wherewithal of this holding company to actually stand behind all of the obligations of our existing agreements,¡± asserts the USW in its statement.

Monday, January 15, 2024

Elevated Exports: Brazil's Iron Ore Surge

According to data from the Brazilian Ministry of Development, Industry, and Foreign Trade (Mdic), iron ore exports reached a total of 378.5 million metric tons in 2023.

Monday, January 15, 2024

GMH Steel CEO Bemoans Funding Fiasco

Alexander Becker, the head of renowned steel manufacturer Georgsmarienhütte, has raised a poignant critique against the German government's decision to retract a planned €5.5 billion subsidy for electricity network fees.

Monday, January 15, 2024
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