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Iron ore: Guinea approves Simandou mining project
The West African state of Guinea recently approved a joint development agreement between the government, Rio Tinto/Simfer and the Simandou Winning Consortium (WCS) for the development of the Simandou iron ore mining project. The National Transitional Council (NTC),...
HRC steel: stable prices but the low has yet to be reached
The European hot rolled coil (HRC) market remained stable on Tuesday, 5 March, with buyers claiming that the bottom has not yet been reached. Trading has been sluggish across Europe in recent weeks, with buyers refraining from buying into a falling market. Buyers are...
Economic conditions for the steel industry remain challenging
Speaking at the Eurometal Steel Day & YİSAD Flat Steel Conference, which took place on Tuesday, 5 March, Professor Roland Döhrn, an independent researcher at the University of Duisburg-Essen, shared his assessments of the European economy and steel industry...
China slows down construction activities
The Chinese government has called for a slowdown or halt in the construction of infrastructure projects, including transport projects, public construction, industrial area projects, various types of construction and brownfield development, in 12 cities and regions at...