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Australia's Pilbara Minerals said on Monday it expects to swing to an underlying loss for the first half, as it placed one of its two processing plants in care and maintenance owing to a steep drop in lithium prices.

The company’s headline earnings for the period are expected to be between R11.7-billion and R12.9-billion, compared with headline earnings of R22.7-billion for 2023.

Brazilian miner Vale confirmed on Thursday it has bought the 50% stake in its Baovale tie-up previously owned by its Chinese partner Baoshan Iron & Steel, known as Baosteel, a move that gives Vale full control of the iron-ore project.

“I’m not sure of the effects of the on-and-off-again tariffs.” — second US distributor

This includes the growing momentum to reduce Scope 1-3 emissions to increase the number of “Net-Zero” buildings, according to sources.

India looks to price differentials for “5-star” steel.

South Korea is one of the world's largest steel producers, with major companies like POSCO, Hyundai Steel, and SeAH Steel leading the industry. Below is an overview of their production capacities and contact details for procurement or purchase departments.

The steel market remains under pressure: demand is weak and imports are at record highs