News

China Baowu Group maintained its position as the largest steelmaker in 2024, with ArcelorMittal and Nippon Steel also ...
Rio Tinto has agreed to pay $138.75m (£103.39m) to settle a lawsuit alleging the company defrauded investors by hiding ...
Nippon Steel gained greater access to the 150 million-ton-a-year U.S. market through its $14.9 billion purchase of U.S. Steel ...
China’s voracious appetite for iron ore has kept the Australian economy prosperous for decades. But demand is starting to ...
Nippon Steel Corp. CEO Eiji Hashimoto said Thursday that United States Steel Corp. is of growing strategic importance as ...
Australia's biggest customer for iron ore doesn't need as much steel anymore, but the Pilbara's biggest producers have no plans to slow down production.
While analysts have been warning for months that Chinese mills are curbing steel output, the pace at which they are doing so ...
Rio Tinto recently opened its Western Range mine in Paraburdoo, in partnership with China's Baowu Steel Company, which has the capacity to produce 25 million tonnes of iron ore a year.
In related news, Rio Tinto has inaugurated the Western Range iron ore mine in partnership with China Baowu Group. The Western Australia mine, a $2bn (A$3.09bn) joint venture, is expected to ...