The Baovale joint venture was established by the Brazilian mining giant and Baosteel in 2001 to run the Agua Limpa mine.

Brazilian miner Vale confirmed on Thursday it has bought the 50% stake in its Baovale tie-up previously owned by its Chinese ...

Saudi Aramco, Saudi sovereign wealth vehicle the Public Investment Fund (PIF) and Chinese steel manufacturing conglomerate Baoshan Iron & Steel Company (Baosteel) are preparing to award an engineering ...

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Nippon Steel has also pulled out of its partnership with Chinese company Baoshan Steel. While this decision was motivated by Nippon’s business logic, in the game of geopolitics, the move further ...

Photo: Will Oliver - Pool via CNP/Zuma Press Nippon Steel and U.S. Steel last week filed a lawsuit against President Biden and the Committee on Foreign Investment in the United States (Cfius ...

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Iron ore imports hit record high in 2024 for second year Steel exports hit nine-year high, stoking trade tensions Dec iron ore imports up 11.5% y/y, up 10.4% m/m BEIJING, Jan 13 (Reuters ...

"It is projected that in 2024, the two sectors will share the market equally, with the share of steel demand from manufacturing potentially increasing even further," Jiang said. Baoshan Iron and ...

The onetime dynamo is fighting to revive a takeover by Nippon Steel. Other tie-ups could also face obstacles, and going it alone could force cutbacks. By Santul Nerkar For more than a year ...

To make steel pliant enough to be shaped into parts for cars and planes, it must first be heated until it glows cherry red. That, incidentally, may have been the colour of David Burritt’s face ...