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Iron ore: Vale’s reserves decline in 2021
Brazilian miner Vale's total iron ore reserves have decreased by 13.4% year-on-year to 12.495 bn tonnes in 2021. According to Vale, the 1.927 bn tonne change in iron ore reserves from 2020 reflects new geological data, technological study and developments, economic...
Steel: drop in shipments by EU producers
Regional steel industry association Eurometal said on Tuesday (19 April) that European distributors of flat steel products recorded a slight decline in shipment volumes in January-February 2022. In the first two months of 2022, flat steel shipments in the EU fell by...
Steel: Vietnam the largest importer of the Indian product
Vietnam was the top destination for India's finished steel products in FY2021-22 (April-March), despite a 22.9% year-on-year decline. About 1.70 million tonnes of steel was shipped to Vietnam in FY2021-22 as the Southeast Asian country reduced its dependence on...
Aluminium: chinese production grows by 1.8% year-on-year
China's aluminium production in March rose 1.8 percent year-on-year to its highest level since last May, supported by a recovery in output and strong profits. The world's top metal producer's primary aluminium output stood at 3.3 million tonnes last month, up from...