EU registers sharp decline in Russian iron and steel imports in 2023 amid sanctions
The main share of imports falls on semi-finished products – 69.4% of the total volume of deliveries In 2023, the European Union reduced imports of...
Tag : iron
EU Witnesses an 11% Year-on-Year Decline in Iron Ore Imports in 2023
In 2023, the European Union reduced imports of iron ore from third countries by 11% compared to 2022, to 72.75 million tons. This is evidenced...
Anglo American Broadens Minas-Rio Operations Through Collaboration with Vale’s Iron Ore Resource
Anglo American has reached an agreement to integrate the Vale-owned Serra da Serpentina iron ore resource into its Minas-Rio operation in Brazil. The move will...
Environmental Setback Threatens Jindal Steel’s $2 Billion Iron-Ore Mine Project in South Africa
Jindal Steel & Power Ltd.’s ambitious plan to develop a $2 billion iron-ore mine in South Africa has encountered a significant setback. The environmental application...
Divergent Long-Term Strategies Emerge for Major Iron Ore Players Amidst the Shift Towards Steel Decarbonization
Growing steel decarbonisation momentum is prompting three of the big four iron ore miners to increase supply of high-grade iron ore. The other is more...
Genmin Secures Iron Ore Mining Permit in Gabon
Emerging African iron ore producer, Genmin Limited, has announced that a large-scale, twenty-year mining permit has now been issued for its 100% owned Baniaka iron...
Guinea Republic Set for Launch of World’s Largest Iron Ore Mining Project in 2025
The Simandou mountain in the Republic of Guinea contains arguably the world’s largest untapped Iron Orefield with one of the purest deposits of the steel-making...
Swedish Grangex Successfully Acquires Iron Ore Mine in Kirkenes
Thursday this week, the Swedish mineral company Grangex announced that it has signed a conditional purchase agreement with OMF Fund II H Ltd (Orion) for...
Bosnia’s ArcelorMittal suspends production due to a lower steel consumption
ArcelorMittal said on Friday it had temporarily halted output at its Bosnia steel plant and at mines that supply it with iron ore due to...
European Steel makes the EU stronger
Giving priority to European-made steel would increase the sustainability of EU clean technology value chains. This is the opinion of Axel Eggert, CEO of the...