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Cleveland-Cliffs Eager to Resume HBI Plant Construction

12 May 2020 - Cleveland-Cliffs Inc. plans to resume work on its hot briquetted iron plant as soon as possible to meet anticipated demand, chairman and chief executive Lourenco Goncalves said. 

Stelco Looks to Acquire Stake in Iron Ore Mine

01 May 2020 - Stelco is buying an option on a 25% stake in United States Steel Corporation’s Minntac iron ore mine and has signed a new contract to buy pellets from the steelmaker over the next eight years. 

Planned Niobium Mine Secures Potential Customer

13 April 2020 - A company that is developing a ferroniobium mine and processing plant in Nebraska says it has signed a letter of intent with an unidentified, U.S.-based integrated producer for a significant portion of the mine’s output.

U.S. Iron Ore Miners Say No Virus Impacts...Yet

19 March 2020 - Minnesota’s Iron Range is bracing for a potential recession, but for now iron ore operations are continuing as they have, reports the Duluth News Tribune. 

SCHADE Lagertechnik to Outfit New Iron Ore Stockyard

17 March 2020 -   Port logistics provider Ultramar has contracted SCHADE Lagertechnik GmbH to equip the stockyard of a new iron ore terminal at a Russian port. 

SDI Deepens Its Scrap Stream for Texas Mill 

02 March 2020 - Steel Dynamics Inc. is locking up additional scrap supply to feed its planned flat-rolled mill in Texas, announcing Monday that it is acquiring a Monterrey, Mexico-based scrap processor. 

Rio Tinto Investing US$1 Billion to Meet Climate Change Targets

27 February 2020 - UK-based metals miner Rio Tinto has rolled out new emissions reductions goals – and a plan to invest approximately US$1 billion over the next five years to meet them. 

JSW Steel Locks Up Substantial Iron Ore Reserves

18 February 2020 - JSW Steel has been officially declared the preferred bidder for more than a billion metric tons’ worth of iron ore reserves in India, the company said a stock exchange filing. 

JSW Steel Secures Two Iron Ore Mines at Auction

04 February 2020 - JSW Steel is gaining 980 million metric tons worth of iron ore reserves after winning government auctions for the mines, reports The (India) Economic Times. 

Steel Recycler Expands Through Acquisition

20 January 2020 - Rivers Metals Recycling has closed on its acquisition of Kentucky-based scrapper Industrial Services of America Inc., Rivers Metals has said.  

Sinosteel Acquires Australian Iron Ore Project

23 October 2019 - Mitsubishi  Corp. is selling a nearly AUD$10 billion iron ore project and associated rail and port project to China’s Sinosteel, a development that could give Western Australia its next major iron ore exporting region.

U. S. Steel Idles Production Line at Minnesota Pellet Plant

22 October 2019 - United States Steel Corporation is idling a pellet line at its Minntac taconite plant in Mountain Iron, Minn., USA, on account of softening demand, reports The (Minneapolis, Minn.) Star Tribune newspaper.

Mesto to Deliver Steel Recycling Plant to Tata Steel India

26 September 2019 - Mesto Metal Recycling is to supply a Texas Shredder™ PS to Tata Steel in India. With this, Tata Steel is to be the first steel scrap shredding facility in India. Mesto was awarded with this order in the second quarter of 2019.

Chinese Scrap Imports Fall in August – to Zero

24 September 2019 - China in August did something it has not done at any time in the last 19 years – it did not import any scrap steel, a sign that the world’s largest steel-producing country could soon become a net exporter of scrap, reports the Bloomberg news service.

ArcelorMittal Acquires Canadian Scrapper

28 August 2019 - ArcelorMittal’s Canadian long products division is acquiring the assets of Quebec scrap recycler Legault Métal Inc. for an undisclosed amount.

Vale to Increase Dry Processing Capabilities 

14 May 2019 - Brazilian iron ore miner Vale said it will invest the equivalent of US$2.5 billion over the next five years to expand its use of “dry” ore processing. 

Sims Metal Unveils North American Growth Plans

11 April 2019 - Metals recycler Sims Metal Management said it plans to grow its North American ferrous recycling business by around 40% over the six years.

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