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Global insight

UK economy shrinks by record 20.4pc in April

The UK economy suffered its biggest monthly contraction on record in April, with the country's GDP shrinking by a fifth during the first full month of its Covid-19 lockdown.

Tuesday, June 16, 2020

Tokyo Steel lifts scrap prices further on tight supply

Japan's Tokyo Steel announced its sixth increase for ferrous scrap prices this month, effective on 13 June, as its previous rises failed to boost scrap flow to some mills.

Tuesday, June 16, 2020

US coking coal risks possible overcapacity

US coking coal mining firms were put in a position of running up high inventories at the start of the third quarter.

Tuesday, June 16, 2020

Queensland fast tracks Valeria coal mine

The Queensland government will fast track approvals for Switzerland-based mining firm Glencore's A$1.5mn ($1bn) Valeria thermal and coking coal mine, as it seeks to boost the state's economy in the wake of the Covid-19 pandemic.

Tuesday, June 16, 2020

Anglo restarts Australia’s Moranbah coking coal mine

UK-South African mining firm Anglo American has restarted its 6.5mn t/yr Moranbah North coking coal mine in Queensland, Australia, four months after a seam collapse forced its closure.

Tuesday, June 16, 2020

Iron-storing bacteria may be used to mine gold, copper

Iron-storing bacteria may be used to mine gold, copper

Monday, June 15, 2020

China's mills, traders build rebar inventories as easing credit averts destocking

China's mills, traders build rebar inventories as easing credit averts destocking

Monday, June 15, 2020

Member states support EC steel safeguards proposal: sources

Member states support EC steel safeguards proposal: sources

Monday, June 15, 2020