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Global insight

BHP reveals interest in investing in Argentina

Officials of BHP’s Minera Escondida copper miner expressed interest in increasing investments in Argentina’s San Juan province.

Wednesday, March 1, 2023

Japan's factory output suffer biggest fall in 8 months

Factory output fell 4.6% in January from a month earlier on a seasonally adjusted basis, government data showed on Tuesday. The contraction was much larger than economists' median forecast of a 2.6% decline and followed an upwardly-revised 0.3% increase in Dec...

Tuesday, February 28, 2023

China, Australia face chance to deepen trade ties

China-Australia economic and trade relations now have scope for improvement, so the two countries should strengthen their cooperation, China's Ministry of Commerce said on Thursday.

Wednesday, February 22, 2023

India remains net steel importer in January

India remained a net importer of steel for the fourth consecutive month in January, with exports climbing to a seven-month high on increasing international demand.

Wednesday, February 22, 2023

AISI: US domestic raw steel production in the week ending on February 18, 2023

In the week ending on February 18, 2023, domestic raw steel production was 1,654,000 net tons while the capability utilization rate was 74.0 percent.

Wednesday, February 22, 2023

BHP to sell more Australian coking coal mines

Australian resources firm BHP and Japanese trading house Mitsubishi plan to sell the 12mn t/yr Blackwater and 2.5mn t/yr Daunia mines from their BHP Mitsubishi Alliance (BMA) joint venture in Queensland.

Wednesday, February 22, 2023

West Australian iron ore exports rebound

Shipments from the four largest iron ore producers in Western Australia's (WA) Pilbara rebounded in the week to 18 February from a two-year low the previous week.

Wednesday, February 22, 2023

Nucor raises steel prices, targets $1,000/st for HRC

US steelmaker Nucor has raised its flat rolled steel prices by $100/short ton (st) and set a minimum target price of $1,000/st for hot rolled coil (HRC) products.

Wednesday, February 22, 2023