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Australian iron-ore producer Fenix Resources on Thursday reported record shipments and maintained its full-year 2026 guidance as its integrated pit-to-port operations continued to perform strongly during the September quarter.

Despite headwinds in financing and power markets, Iron Road said its focus remains on long-term value creation through the CEIP and associated downstream opportunities.

Small steel producers in India are forced to cut production due to weak demand, rising inventories, and falling prices

By 2027, excess capacity will grow to 721 million tons

Anna Danieli, shared Danieli's innovative solutions with the participants in his presentation titled "The Challenges, Opportunities, and Enabling Technologies."

The European Commission proposed on Tuesday a 50% tariff on steel above a lowered annual import limit, in a bid to reinvigorate the bloc’s ailing metals sector and ward off similar US duties on EU steel exports.

The investment has increased the company's capacity by 60% and will boost the production of rolled products and pipes

In the first half of the current fiscal year, this figure grew by 3% year-on-year