Japan is at the top of its game. The nation’s collective obsession with excellence means that so much is possible. So much that would be impossible anywhere else in the world. Just look at steel.

Debt-ridden Australian iron ore miner Fortescue Metals Group (FMG) is at an advanced stage of talks with a potential strategic partner in a bid to boost its cash reserves, ceo Nev Power has told Steel First.

West African iron ore miners are facing a “perfect storm” of tumbling iron ore prices and the deadliest outbreak of the ebola virus yet seen.

The London Metal Exchange moved to new premises earlier this year, cutting the ribbon on its fourth bespoke trading floor. But with ring-dealing member (RDM) numbers unchanged at nine from this time last year, the new mini-sized ring represents something of a downsize.

What a difference a year makes.