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Friday, November 21, 2025
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Canada

Iron ore futures edge lower as weak steel demand and rising supply pressure market

Iron ore futures slipped on Thursday as rising global supply and soft steel demand continued to weigh on sentiment, though restocking by some Chinese...

Voestalpine Donawitz awards contract for automated scrap-yard cranes

Voestalpine Stahl Donawitz GmbH has awarded Danieli a contract to supply five fully automated scrap-yard cranes, which will be integrated with the Danieli Scrap...

Fortescue advances hydrogen-based green metal project

Fortescue has begun installing core Metso equipment for its Christmas Creek Green Metal Project in the Pilbara, marking a key step toward demonstrating hydrogen-based,...

Mutun steel complex starts up DRI module

Tenova HYL has successfully commissioned its ENERGIRON Zero-Reformer DR Micro-Module at Empresa Siderurgica del Mutun in Santa Cruz, Bolivia, producing the site's first Direct...

Iron ore futures inch higher, but weak demand outlook limits gains

Iron ore futures edged higher on Wednesday, supported by steady near-term demand, though a bearish outlook continues to cap gains. Some Chinese steel mills are...

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