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ALKHOBAR: Saudi Iron and Steel Co. (Hadeed), the metals affiliate of Saudi Basic Industries Corp. (SABIC), plans to add 4 million tons of annual steel output capacity to reach 10 million tons by 2025, an executive said."SABIC's total steel production now is 6 million tos per year ...
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Iron ore market can absorb supply loss from BHP… 1 Jun 2017 ... A well-supplied global iron ore market will easily absorb lost production due to a fire at BHP's big Mt Whaleback iron ore mine in Australia, traders in the commodity said on Thursday.
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This morning in metal news, Chinese iron ore futures rebound from a 10-month low, Saudi Arabia emerges as OPEC's leading supporter for further reducing oil supply, and researchers discover a major supply of rare earth minerals in the seabed near a remote Japanese island.
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Apr 13, 2018· Billionaire Andrew Forrest is studying a proposed 1,500-mile (2,400-kilometer) transcontinental natural gas pipeline as part of his iron ore company's strategy to diversify and to boost Australia's power supply network.
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