Archive snapshot · Materials
Mon, Nov 2, 8:32 AM ET
Iron ore prices steady as China steel demand falls less than feared; suppliers face rising supply
Iron ore has stabilised after sharp declines as Chinese demand holds up better than expected, though analysts warn of soft steel demand and rising seaborne supp
Moomoo · +5 outlets
Vale Q3 iron ore output falls 6.4% YoY but sales rise; earnings miss on iron ore pressure
Vale's Q3 production fell while sales rose and mid-grade fines share reached 24%, with the miner missing EPS estimates as iron ore prices weighed on results eve
Investing.com · +3 outlets
China holds rare earth price advantage as US pays up to 346 times more for the metal
China's dominance in rare earth processing keeps US prices far above Chinese levels, as investors watch magnet supply tightening and Mongolia's deposits as alte
Yahoo Finance · +2 outlets
India draft steel policy targets 604 MTPA capacity by 2047; iron ore output must nearly triple
India's draft national steel policy sets an ambitious 2047 capacity goal, raising questions about raw material security and a shift from protection toward compe
openPR.com · +7 outlets
US Steel launches $1.9 billion Arkansas DRI plant to boost domestic steel supply
The direct-reduced-iron facility expands US steelmaking capacity and reduces reliance on imported pig iron as tariff policy reshapes supply chains.
ChemAnalyst · +7 outlets
Mesabi Metallics to invest $18 billion in integrated steel business including $15 billion Iowa mill
The proposed investment would be one of the largest US steel projects in decades, betting on domestic iron and steel demand.
Shanghai Metals Market · +14 outlets
Lynas Rare Earths hits record prices but sells fewer tonnes; two plants to close
The rare earths producer posted strong pricing but lower volumes, with planned plant closures signalling a shift in its processing footprint.
Kalkine
Rio Tinto shares slide as mining pause adds to pullback
Rio Tinto stock fell amid a production pause at one operation, extending a weak stretch for the miner's shares.
TheBull.com.au · +1 outlets
Metals.io issues 25,000 copper tokens backed by 25 tonnes of physical metal in Germany
The tokenised copper launch creates on-chain claims (xCu) on physical metal stored in Germany, adding to the small but growing market for commodity-backed crypt
CoinDesk · +2 outlets
Champion Iron swings to quarterly loss despite record sales, amends debt covenants
The Canadian iron ore producer reported a loss even as volumes hit records, reflecting weak prices, and renegotiated lender terms.
Shanghai Metals Market
NMDC reports record FY26 iron ore output of 53.16 MT; PAT rises 11%
India's state-owned miner posted record annual production and higher profit, alongside October production and sales figures.
scanx.trade · +4 outlets
LBMA faces London trial over Barrick North Mara gold mine deaths
The London Bullion Market Association faces a UK court case tied to alleged abuses at Barrick's North Mara mine in Tanzania, testing accountability in gold supp
Discovery Alert · +7 outlets
BHP awards $200 million contract for Ministers North project
The contract award advances BHP's development work at the project, part of its copper growth pipeline.
grafa.com · +5 outlets
ArcelorMittal Liberia investment approaches $4 billion
The steelmaker's cumulative spending in Liberia nears $4 billion as it expands iron ore mining and logistics infrastructure in West Africa.
IndexBox · +5 outlets
Gold and silver prices fall ahead of Diwali
Precious metals slumped ahead of the Indian festival season, a period that typically drives physical demand.
The Federal · +14 outlets
EU hot rolled coil prices continue to rise for Q1 2027
European steel coil prices are climbing for forward delivery, reflecting tight supply and firm industrial demand.
Steel and Stainless Steel News · +9 outlets
Ghana's GoldBod moves to formalise artisanal gold sector
The state-backed body aims to bring small-scale gold mining into the formal economy, boosting traceability and government revenue.
Mining.com.au
India steel prices stay elevated as rebar outpaces HRC; Nomura stays positive on sector
The brokerage kept a Buy rating on Indian steelmakers as rebar pricing outperformed flat products.
Moneycontrol.com

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