Dalian iron ore rose on Friday and advanced nearly 6% this week as traders returned from New Year holidays feeling optimistic about potential demand recovery in top steel producer China.Iron ore's most-active May contract on China's Dalian Commodity Exchange ended daytime trading 1.4% higher at 719 yuan ($112.78) a tonne, rising for a fourth straight session and touching 725.50 yuan earlier in the day…
Sweden-based H2 Green Steel and the Port of Luleå have signed a cooperation agreement whereby H2 Green Steel agrees to use the port as its primary logistics and transportation hub for intermediate goods and products to be transported to and from its new steel mill in Boden…
Ports of Indiana-Burns Harbor opened its 2023 international shipping season on April 11 with the arrival of Polsteam’s Isadora, a bulk carrier from Ijmuiden, Netherlands, through the St. Lawrence Seaway and Great Lakes.Owned and operated by Polsteam and built in 1999…
Following recent upward moves on domestic steel plate prices at nearly every major recycling destination, it was another week of firm pricing and a sub-continent market that is still on an aggressive footing for the most part.Demand remains…
India's steel exports more than doubled between April and July to hit their highest level in at least six years, boosted by a surge of Chinese buying in defiance of tensions between Beijing and New Delhi.Traders said reduced prices had driven…