Iron ore futures gain on improved economic data
China's iron ore futures edged higher on Wednesday as the country's manufacturing sector returned to growth in September, although weak steel demand and cautious...
Kobe Steel joins initiative to reduce maritime emissions
Japan's Kobe Steel has joined the Blue Visby Consortium, becoming the first steel manufacturer to participate in the initiative aimed at reducing greenhouse gas...
Metallus secures major steel supply deal with US defense agency
US specialty steel producer Metallus has secured a five-year contract with the US Defense Logistics Agency (DLA) to supply steel for critical defense applications,...
Hydnum Steel secures investment commitment for green steel plant
Spanish green steel project developer Hydnum Steel has secured a EUR 150 mln (USD 170 mln) investment commitment from Spain's state-owned investment fund manager...
Iron ore futures extend losses as weak demand persists
China's iron ore futures fell further on Tuesday as weak steel continued to weigh on prices, while pre-holiday restocking provided limited support.
Market participants said...