Thursday, January 30, 2025
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    Production Statistics

    Vale Oman reports slight drop in pellet output in 2024

    Vale's iron ore pellet production in Oman declined by 0.9pct YoY in 2024, with output totaling 9.195 mln tons, down from 9.283 mln tons...

    Scrap imports up from 2023 lows but lag behind pre-crisis levels

    In 2024, Pakistan experienced a modest recovery in annual scrap imports, though volumes remained relatively low, according to data from the Pakistan Bureau of...

    Tata Steel Q3 FY25 earnings hit by weak steel prices

    Tata Steel posted a 43.41pct YoY decline in consolidated net profit after tax, falling to INR 295 crore (USD 34.1 mln) in Q3 FY25,...

    Middle East crude steel output rises marginally in 2024

    Crude steel production in the Middle East rose slightly by 0.5pct YoY to 54.1 mln tons, but December output dropped by 4.5pct YoY to...

    JSW Steel’s net profit declines sharply in Q3 FY25

    JSW Steel Limited, India's leading steel producer, announced its financial results for Q3 FY25, ending December 31, 2024. The company reported a consolidated net...

    Tosyali Holding targets acquisition of EU steel producer

    Turkish steelmaker Tosyali Holding AS is pursuing the acquisition of a European producer to bolster its green steel operations, while advancing multi-bln-dollar projects in...

    BHP’s iron ore production up 1pct in H1 FY25 YoY

    BHP Group reported a slight increase in iron ore production for Q2 FY25, ending 31 December 2024. The company produced 73.1 mln tons, up...

    LSM sector contracts 1.25pct in Jul-Nov 2024 YoY

    Pakistan's Large-Scale Manufacturing (LSM) sector contracted by 1.25pct YoY in the first five months of FY25 (July-November), according to data from the Pakistan Bureau...

    Iron ore futures surge as steel output recovers

    Iron ore futures surged on Thursday as market fundamentals strengthened, driven by reports of recovering steel production and reduced shipments from a major miner. China's...

    JSW Steel’s crude steel output rises in Q3 FY25

    JSW Steel announced that its consolidated crude steel production increased by 2.3pct to 7.03 mln tons in the third quarter of the current fiscal...

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