Iron ore price drop furthers crisis for China's steel industry
Iron ore dropped below $100 a ton for the first time in over five weeks, showing signs that the crisis in China’s steel industry is worsening.
Source: steeltimesint.com
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H2 Green Steel secures $189.4m investment for Sweden steel plant
H2 Green Steel has received $189.4m in a funding round to enable the construction of a fossil fuel-free steel plant in Boden, Northern Sweden.
Source: steeltimesint.com
South Africa proposes temporary scrap-metal export ban
Members of the South African Iron and Steel Institute (SAISI) have come out in full support of the proposed six-month ban on the export of scrap metal…
Source: steeltimesint.com
UK to face 25% tariff on steel sold to Northern Ireland
According to a report in UK newspaper the Financial Times, British steel producers will have to pay a 25% tariff to sell certain construction products…
Source: steeltimesint.com
Australian coal producer to invest $169.1m in mining expansion
Australian metallurgical coal producer Coronado Global Resources has unveiled plans to invest $169.1m to expand coal mining operations at its Buchanan…
Source: steeltimesint.com