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China insight

Aborted Privatization: SAIL's Salem Steel Saga

Initiated in 2019, the global call for Expressions of Interest (EoIs) failed to garner substantial interest from potential buyers, resulting in the annulment of the sale.

Thursday, January 4, 2024

Baowu Resources: Bomi Project Operational

The venture’s fruition highlights Baowu's commitment to expanding its iron ore operations in strategic locations. The loading and dispatch of the bulk carrier denote the operational readiness and successful commissioning of the Bomi project.

Thursday, January 4, 2024

Iron ore shipments on the Great Lakes up 19.8 percent in December

Shipments of iron ore on the Great Lakes totaled 4.8 million tons in December

Thursday, January 4, 2024

Ongoing downturn in the German steel industry

German steel industry is in a concerned condition due to the ongoing decline in production, with steel production in the country predicted to be one of the slowest years on record.

Thursday, January 4, 2024

China Baowu signs agreements to acquire Shandong Iron and Steel Group

China Baowu Steel Group Corporation on Thursday signed investment agreements with the Shandong provincial government on the takeover of the state-owned Shandong Iron and Steel Group Co Ltd.

Tuesday, January 2, 2024

Nickel is year’s biggest metals loser, copper manages small gain

In a mostly lackluster year for metals trading, nickel emerged as the worst performer and might not see a reprieve anytime soon.

Tuesday, January 2, 2024

Australia's Green Steel of WA to build green steel recycling mill

Australia-based Green Steel of WA has announced that it plans to build a green steel recycling mill in Collie,Western Australia.

Friday, December 29, 2023

India working on mechanism to compensate steel exporters forCBAM in EU

European Union (EU) to compensate for the impact of the EU's proposed carbon border adjustment mechanism (CBAM), government sources said on Wednesday, December 27.

Friday, December 29, 2023