Iron ore futures extend losses on cautious sentiment
Iron ore futures extended losses on Tuesday as the market remained cautious amid rising supply and subdued steel demand.
Iron ore prices continued to face...
Algoma Steel, Hanwha Ocean sign strategic MOU tied to country’s submarine program
Algoma Steel Group has entered into a binding memorandum of understanding (MOU) with Hanwha Ocean to establish a long-term strategic arrangement linked to Canada's...
Tenaris opens new service center in Barrancabermeja
Tenaris has inaugurated a new service center in Barrancabermeja, Santander, strengthening its service footprint and support capabilities for oil and gas operators in Colombia.
The...
Dillinger orders new blast furnace staves
Dillinger has placed an order with SMS group for Paul Wurth cast iron staves and additional copper staves for blast furnace 5, which has...
Iron ore futures subdued on oversupply concerns
Iron ore futures remained subdued on Monday as oversupply pressure continued to weigh on market sentiment.
Rising global supply, together with high iron ore inventories...
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