Mitsui and Kobe Steel are seeking to reinforce their position in direct-reduced iron (DRI) production in the Middle East with the construction of a low-CO2 iron metallics production plant within the Special Economic Zone at Duqm, in the Sultanate of Oman

Demand in the direct-reduced (DR) iron ore pellet market has improved, partly due to a lower premium in the second quarter, sources told Fastmarkets

Shortages of high-grade pellet-feed iron ore concentrates and good-quality ferrous scrap such as plate and structural grades mean that direct-shipping iron ore fines are likely to remain the mainstay steelmaking raw material

The publication of Fastmarkets’ weekly CIS and European pig iron price assessments for Thursday October 27 were delayed because of an error

Low-priced offers of steel billet from China have significantly depressed sentiment in the key Southeast Asian steel market, sources told Fastmarkets on Tuesday October 25

Brazilian iron ore producer Vale signed a memorandum of understanding (MoU) with Germany-headquartered steel group Stahl-Holding-Saar (SHS) to seek carbon-neutral steelmaking solutions, the miner said on Thursday October 6

The premium for direct-reduced (DR) iron ore pellet for shipment in October-December has dropped, mainly on oversupply, sources said in late September

The global push toward using more direct-reduced iron (DRI) and hot-briquetted iron (HBI) could be derailed by the lack of iron ore concentrates used in the pelletizing process, sources told Fastmarkets

Premiums for high-grade iron ore continued to slide on Friday August 26 in line with poor import demand from the Chinese market amid an increase in average forward-month prices over the trading week, sources told Fastmarkets

India’s push toward the beneficiation of low-grade iron ore could result in new trade patterns emerging in the future if implemented, market sources told Fastmarkets this week