Industry News
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British Steel sale to China Jingye Group completes
3,200 high-skilled jobs in Scunthorpe, Skinningrove and on Teesside have been safeguarded by the completion of a deal to sell British Steel to leading Chinese steelmaker Jingye Group, the government has welcomed today. The sale follows extensive discussions between the government, the Official Re...Read more -
Iron Ore Tops $100 on Disruptions
Iron ore has surged past the $100 mark as fresh shutdowns hit top producer Vale. The miner was ordered to suspend operations that account for a tenth of its iron ore output after workers contracted the coronavirus sparking fears of more disruption. Bloomberg’s David Stringer reports on “Bloomberg...Read more