Topic
steelmaking
3 stories related to this topic, newest first.
finance64 days ago
Algoma Steel Group Reports Q1 2026 Results After Transition to Electric Arc Furnace
Algoma Steel Group completed its transition to a fully electric arc furnace operation in January 2026, ending 125 years of blast furnace steelmaking. The company reported an adjusted EBITDA loss of C$28.7 million for the first quarter and said it expects to return to profitabilit…
marketwatch.comfinance70 days ago
London Royalty Firm Acquires $132.5 Million Stake in Minnesota Iron Ore Project
The Metals Royalty Company agreed to purchase a 1% production royalty interest in the Mesabi Metallics iron ore project in Nashwauk, Minnesota. The transaction totals $132.5 million and is tied to future output of DR-grade pellets used in lower-emissions steelmaking. First produc…
Bloombergworld84 days ago
Anglo American Draws at Least Three Buyers for Australian Coal Business After Peabody Sale Derails
Anglo American has attracted at least three potential buyers for its steelmaking coal business in Australia. This development follows the derailment of a planned sale to Peabody. The events highlight ongoing interest in the asset amid recent market shifts.