Metals traders arriving in London for LME Week were in for a surprise as they caught up with friends and customers from China.

Commodity trader Trafigura plans to name Richard Holtum as its new chief executive as soon as next week, the Financial Times reported on Friday, citing people briefed about the matter.

The US national security panel reviewing Nippon Steel’s $14.9 billion bid for US Steel let the companies refile their application for approval of the deal, a person familiar with the matter said, delaying a decision on the politically sensitive merger until after the Nov. 5 presidential election.

Mining News Pro - Esfahan Steel Company produced 299,706 tons of iron beams in the first 3 months of this year, which indicates an 11% growth compared to the same period last year.

Mining News Pro - The 16th Isfahan Metallurgy, Steel, Foundry, Machinery and Related Industries Exhibition (Metalex2024) was held in Isfahan.

US Steel warned on Wednesday that a failure to merge with Nippon Steel would put thousands of US union jobs at risk and signaled that it would close some steel mills and potentially move its headquarters out of politically important Pennsylvania.

Vale has chosen its finance chief to replace Eduardo Bartolomeo as chief executive officer, concluding a tumultuous succession process marked by the departure of board members amid accusations of political intrigue.

Mining News Pro - In the first half of this year, Khuzestan Steel faced unprecedented and at the same time unfair electricity restrictions and lost 700,000 tons of its production due to power outages, but it was able to meet the needs of the domestic market for steel ingots, slab and provide DRI and experienced a total growth of 16% compared to the same period last year.

Mining News Pro - Hormozgan Steel managed to produce 826,000 tons of sponge iron in the first 5 months of this year in the direct regeneration unit, while achieving the highest production rate of this product since the beginning of operation, realizing more than half of the production capacity.

China’s nickel giant Tsingshan Holding Group has started production at its $1 billion steel plant in central Zimbabwe, a company official said on Thursday.