January 21, 2025 Press Release BHP´s Operational Review For Half Ended 31 December, 2024 BHP has announced its operational review for H1 of the year ended 31 December, 2024. It reported a strong underlying operational performance, with copper production up by 10%. BHP´s Chief Executive Officer, Mike Henry, said: “BHP delivered safe and reliable performance […]
SMS-Aust 18 Jan25
January 18, 2025 Steel Market Summary – Australia Steelmaking Resumes At Whyalla – For Now GFG Alliance, the parent company of the Whyalla steelworks, has announced steelmaking resumed at the plant on January 5. GFG´s global chief manufacturing officer, Theuns Victor, said bringing the four-month shutdown of the blast furnace to an end had been […]
Rio Tinto Jan 18 News
January 16, 2025 Industry News Rio Tinto Closes 2024 With Solid Q4 Operations Rio Tinto has today released its 2024 Fourth Quarter Operations Review. Chief Executive, Jakob Stausholm, said: “Our operating performance in 2024 was good, consistent with our ongoing commitment to strengthen the business as we execute our strategy to deliver profitable growth. The […]
SMS-Int Jan25
January 6, 2025 Steel Market Summary – International Overcapacity And Trump To Dictate Steel Market In 2025 A Danish politician in the 20-century famously said: “It is difficult to make predictions, especially about the future”. He was referring to the difficulty in making accurate predictions. However, after China´s steel exports approached record levels in 2024, […]
SMS-Aust 6 Jan25
January 6, 2025 Steel Market Summary – Australia Where To Whyalla And Australian Steel In 2025? On Christmas Eve, when the South Australian premier, Peter Malinauskas, declared to the assembled media that it would be a “national disaster” if the Whyalla steelworks were to close, he was in effect speaking directly to Sanjeev Gupta, the […]
NZN Jan25
January 6, 2025 New Zealand News Hope More Than Expectation For Steel Market Recovery In 2025 The downward trend of the New Zealand economy in 2024 became official in mid-December when the government announced that gross domestic product (GDP) had declined by 1.0% in the September quarter. Coupled with the June quarter´s revised 1.1% fall […]