The proposal was made against the backdrop of the cancellation of green projects in the country

World crude steel production for the 70 countries reporting to the World Steel Association (worldsteel) was 158.8 million tonnes (Mt) in May 2025, a 3.8% decrease compared to May 2024.

The metal calcium market has recently seen widespread price increases.

The United Steelworkers union (USW) says the federal government’s response to the U.S.-imposed tariffs on steel and aluminum is insufficient to protect Canadian jobs and industry.

Rio Tinto and Hancock Prospecting will invest $1.61-billion to develop the Hope Downs 2 iron-ore project in the Pilbara, aiming to sustain long-term output from their joint operations in the region.

Iron-ore shipments from the largest bulk-export terminal set a record for the month of May, putting flows at the biggest year-to-date volumes even after weather issues curbed exports earlier in 2025.

Manganese Ore Shipping Figures from Port Hedland of West Australia to China in May 2025

CITI：Commodities Market Outlook in 3Q 2025