Jinnan Iron & Steel Group is the latest company to join the push to expand China's steelmaking footprint in the Middle East and is working with Brazil's Vale to establish an iron ore concentration plant at the Sohar Port and Freezone in Oman, Fastmarkets understands.

Nickel pig iron (NPI) prices in China continued to climb in the week to Friday October 18, on an increase in tradbg amid positive sentiment, sources told Fastmarkets.

There are more signs emerging of the green steel evolution in Asia, even as steelmakers seek to differentiate themselves with green certifications to edge ahead of competitors, market sources have told Fastmarkets.

Brazilian miner Vale's fourth-quarter premiums for direct-reduced (DR) and blast furnace (BF) iron ore pellets have been adjusted to their lowest levels since the start of the year - but what does this key supplier's move reveal about the state of steelmaking in 2024?

Middle Eastern steelmakers are ramping-up their efforts to reduce carbon emissions, taking several bold steps toward this goal

Fastmarkets proposes to amend the Fe base specification of its MB-IRO-0010 iron ore 63% Fe Australia-origin lump ore premium to more closely align with specifications of Australia high-grade iron ore lump.

The Singapore Exchange’s (SGX) 65% Fe iron ore derivatives contract – which is settled against Fastmarkets’ daily index for iron ore 65% Fe Brazil-origin fines, cfr Qingdao – set a new record for traded volumes at 1.22 million tonnes in a single day, according to SGX published data on Thursday August 8

Amid the rising focus on environmental, social and governance (ESG) performance, the Australian mining industry faces a conundrum: maintain production at competitive levels or promote rigorous ESG standards

The use of green hydrogen to produce direct-reduced iron (DRI) is set to transform the steelmaking industry, an executive from Ferrexpo has said

Chinese domestic authorities are in discussions to implement tighter targets on crude steel production across the country, in a bid to reduce energy consumption and carbon emissions, Fastmarkets understands