The Brazilian miner Vale is still assessing the damage from the accident at the Brumadinho mine at the end of January. This has resulted in over 150 fatalities and has spurred a number of decisions by the Brazilian authorities which are impacting the miner’s production in the short and medium …

Last week the CIS billet market, often used as a means of understanding the global sentiment of the steel sector, confirmed the uncertainty among market operators. Raw material prices rose but steel demand remains sluggish globally.

CIS billet suppliers' offers have risen to $430-440/tonne fob Black Sea for March loading-ready …

The World Steel Association (worldsteel) says that global crude steel output was 1,808.6 million tonnes from its 64 reporting countries in 2018, up 4.6% year-on-year. Crude steel production increased in all regions in the year except in the European Union, which has seen a slight contraction, worldsteel says. 

Since 2010, …

Last week the seaborne iron ore price ended up above $75/t cfr Qingdao, marking a new high since November last year and approaching the most recent peak witnessed at the beginning of March 2018.

Supported by new sales, the Kallanish KORE 62% Fe index jumped $1.03/tonne on Friday, to $75.50/dry metric …