Industrial Minerals

Latest News

Rotterdam almost clear of Suez blockage backlog, Port Authority says

Wednesday, 12 May 2021

The so-called “Suez Armada” of vessels that were delayed by the unintentional blockage of the Suez Canal has now been processed by the Port of Rotterdam, but the port was still “extremely” busy and there were challenges ahead for the shipping sector, speakers said during the Supply Chain Talks digital event on Wednesday May 5.
Mineral demand from energy sector could increase sixfold by 2040, IEA says

Monday, 10 May 2021

The global mineral industry will have to rapidly scale up production to meet surging demand from the new energy sector, the International Energy Agency (IEA) has warned.
AT A GLANCE: ArcelorMittal's Q1 earnings ‘strongest in a decade’

Friday, 07 May 2021

A summary of ArcelorMittal's financial results for January-March 2021.
IN FIGURES: China's finished steel output rises 23% in Q1

Monday, 19 April 2021

China’s crude steel, hot metal and finished steel production all rose sharply year on year in March and the first quarter of 2021, according to data released by National Bureau of Statistics (NBS) on Friday April 16.

FOCUS: Shorter minerals contracts, lower volumes in ‘slow’ negotiations for 2021 supply

Friday, 06 November 2020

Contracts for the supply of several mineral raw materials for 2021 are expected to be shorter in their duration and cover smaller volumes compared with previous years, while market participants claim negotiations are progressing slowly and with no clear market references.
European outlook for silicon carbide lackluster, but China could provide uptick

Tuesday, 03 November 2020

Prices for silicon carbide abrasive- and refractory-grade materials delivered to Europe held steady over October on subdued demand, and were likely to remain steady on a flat market in the foreseeable future, sources said.
PRICING NOTICE: Conclusion of open consultation on industrial minerals methodology

Tuesday, 06 October 2020

Fastmarkets opened a consultation on September 1, 2020, inviting feedback on its industrial minerals methodology in line with our annual methodology review process.
Abrasive-grade silicon carbide market bullish for near-term price rises

Wednesday, 30 September 2020

Prices of abrasive and refractory-grade silicon carbide held firm over the past month, while market participants anticipate the abrasive price will increase in the near term due to rising freight costs globally and environmental restrictions in China.

INTERVIEW: ‘I believe AK Steel is a diamond in the rough’ - Lourenco Goncalves

Monday, 08 June 2020

Battle tested, hard-nosed, and, at times, known to be very blunt, the top executive of the largest and oldest independent iron ore mining company in the US has been called many things in an almost 40-year career spent from one end of the steel supply chain to the other. Fearful is not one of them.
Taking the brakes off auto production

Monday, 08 June 2020

Steel mills and service centers expect a slow restart to auto making, reports Gregory DL Morris.
INTERVIEW: ‘I am going to transform our company’ - Severstal CEO

Friday, 03 January 2020

Alexander Shevelev, CEO of Russian steelmaker Severstal, says that the company has changed its culture quite quickly and substantially to focus on being a solutions provider. Richard Barrett asked him to explain that mission and to recall his path from the shop floor to the top of a company that employs 50,000 people
Steel market woes are weighing on refractories

Friday, 03 January 2020

Pressure is continuing to mount on the refractories sector while its main market – the steel industry – suffers from overcapacity, trade tensions and emissions reduction targets, Rose Pengelly finds.