Iron ore futures rise as cost support offsets supply pressure
Iron ore futures strengthened on Monday as firmer steel and raw material prices improved market sentiment, although rising iron ore supply and weak underlying...
Baosteel H1 profit under pressure from weak steel demand, higher costs
China's Baoshan Iron & Steel (Baosteel) reported a 6.3pct YoY decline in net profit attributable to shareholders to 4.57 bln yuan (USD 680 mln)...
NS-SUS commissions new coil-handling cranes at Rayong plant
NS-Siam United Steel (NS-SUS) has completed commissioning and final acceptance of two new 25-ton Danieli coil-handling cranes at its Plant 3 in Rayong, Thailand,...
JFE Steel joins project to develop large-scale CCS hub at Mizushima
JFE Steel and five other companies have signed an agreement with the Japan Organization for Metals and Energy Security (JOGMEC) to conduct design work...
Iron ore futures consolidate as supply risks offset weak steel demand
Iron ore futures were broadly stable on Friday as near-term supply concerns provided some support, while weak steel demand and squeezed mill margins continued...
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