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Raw Materials
Latest News
Metinvest Shuts Down Ukrainian Coking Coal Mine
16 January 2025 - With Russian forces advancing, Ukraine’s Metinvest has halted operations at its Pokrovske Coal unit and is evacuating employees and their families, the company has said.
Fortescue, Baowu Partner on Decarbonization Effort
08 January 2025 - Iron ore miner Fortescue is partnering with a China Baowu Steel Group subsidiary on developing green iron solutions for decarbonization, according to the Reuters news service.
Australian Consortium Chooses Western Australia Location for Electric Smelting Furnace
17 December 2024 - A consortium made up of Australia’s two largest iron ore miners and its largest steelmaker have selected a location for a proposed ironmaking electric smelting furnace pilot plant.
SSAB Secures Domestic Scrap Source
12 December 2024 - SSAB has signed a strategic cooperation agreement with Swedish recycler Stena Metall, providing for deliveries of recycled scrap metal to SSAB’s new electric arc furnace in Oxelösund.
Rio Tinto Agrees to Supply DR-Grade Pellets to GravitHy
11 December 2024 - Iron ore miner Rio Tinto has struck an agreement to supply a French ironmaking startup with high-grade, direct reduction pellets and to manage sales and marketing of the hot-briquetted iron the startup will produce.
Nucor Sets New World Record for Cold DRI Production
06 November 2024 - Nucor Corp.’s Louisiana direct reduction plant produced a record-shattering 330.3 tons per hour of cold direct reduced iron (CDRI) in August 2024, according to one of the mill’s equipment suppliers.
Iran, Qatar Could Grow Positions in DR-Grade Pellet Market
05 November 2024 - The demand for direct reduction (DR)-grade pellets is only set to grow and could potentially account for 40% to 50% of the seaborne market, said Tarraco Commodities Solutions chief executive officer Gilberto Cardoso.
Vale Selects Partner for Electrolyzer Feasibility Studies
03 October 2024 - Iron ore miner Vale has partnered with a German company to study the feasibility of a green hydrogen production facility in Brazil.
Plastics Recycler Plans Facility to Make Coke Alternative
05 September 2024 - The U.S. Energy Department has conditionally agreed to guarantee a loan of up to US$182.6 million to Pennsylvania-based International Recycling Group (IRG), which is looking to build facilities that would produce a plastics-based coking coal alternative.
Midrex, Vale to Further Develop Use of Iron Ore Briquettes in DRI Furnaces
05 September 2024 - Midrex Technologies Inc. has signed a technical cooperation agreement with iron ore miner Vale, allowing the two companies to further collaborate on a technical solution for the use of iron ore briquettes in direct reduction plants.
German Producer Issues FAC on New Scrap Cutting System
27 August 2024 - German special steel producer Lech-Stahlwerke (LSW) has signed the final acceptance certificate for a an innovative scrap torch-cutting machine at its plant in Meitingen, according to the machine's builder, Primetals Technologies.
CONSOL, Arch Agree to Join Forces
21 August 2024 - Coal miners Arch Resources Inc. and CONSOL Energy Inc. have agreed to merge, creating a US$5 billion company producing both high-quality thermal and metallurgical coal.
JSW Buys Into Australian Met Coal Miner
14 August 2024 - JSW Steel Ltd. is taking an indirect stake in Australian metallurgical coal miner Illawarra Metallurgical Coal and will sign an offtake contract with the business, the company has announced.
Report: EU Sees Mixed Progress on Creating Green Hydrogen Market
30 July 2024 - The European Union took an early lead in moving to establish a regional green hydrogen economy, setting as a goal to produce and import 20 million metric tons by 2030.
Australia's Iron Ore Miners Need a Plan
30 July 2024 - Iron ore is Australia’s most exported commodity. But with demand from China looking to be on the decline and with new iron ore capacity set to come on-line in other parts of the world, the Australian industry should take time to reevaluate its strategy, according to a report from the Institute for Energy Economics and Financial Analysis.
Salzgitter Eyes 2026 Start of New Scrap Shredding Plant
04 April 2024 - Salzgitter has commissioned construction of an EUR30 million scrap shredding plant at its Salzgitter work in Germany, the company has said.
Steel Producer Issues Call for Green Hydrogen
27 March 2024 - Stahl-Holding-Saar (SHS), which owns steel producers Dillinger and Saarstahl, is seeking bids for renewable hydrogen to be used in a planned direct reduction plant at its Dillinger steel mill, according the online publication Hydrogen Insight.
U.S. DRI Projects Receive Federal Support
25 March 2024 - Cleveland-Cliffs Inc., SSAB and Vale will share up to US$1.4 billion in federal funding supporting several proposed decarbonization projects.
Japanese DRI Demonstration Project Selects ENERGIRON Technology
20 March 2024 - Tenova and Danieli will lend their ENERGIRON direct reduction technology to a demonstration project intended to test full hydrogen reduction with low-grade iron ore.
A Scrap Shortage Is Coming. Steel Producers Should Act Now, Says Boston Consulting Group
14 March 2024 - A global 9-million-metric-ton scrap surplus could become a 15-million-metric-ton deficit by 2030 as more producers adopt EAF technology to meet decarbonization goals, according to a new forecast from the Boston Consulting Group.
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