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Latest news: Iron and Steel

Fortescue breaks iron ore output record, but costs drag

Fortescue breaks iron ore output record, but costs drag

One of Australia's biggest miners has broken a production record, but operating costs and one project's underperformance has underwhelmed investors.

BHP shares dip as overspend outweighs record production

BHP shares dip as overspend outweighs record production

BHP shares dip as overspend outweighs record production

BHP shares dip as overspend outweighs record production

Shares in the world's biggest mining company are down despite high commodity prices and multiple record production beats due to a multibillion-dollar blowout.

Bluescope Steel entices shareholders with $438m payday

Bluescope Steel entices shareholders with $438m payday

Bluescope Steel entices shareholders with $438m payday

Bluescope Steel entices shareholders with $438m payday

Australia's biggest steelmaker will pay investors a special dividend of $1 per share after rejecting a takeover overture from Kerry Stokes and a US partner.

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BlueScope shares steady after $13b deal's rejection

BlueScope shares steady after $13b deal's rejection

BlueScope Steel shares fell 1.6 per cent, holding onto most of their gains from this week, a sign that investors think the takeover saga isn't over yet.

BlueScope rejects 'opportunistic' $13.2b takeover bid

BlueScope rejects 'opportunistic' $13.2b takeover bid

Australia's biggest steelmaker has knocked back a $13.2 billion takeover offer, saying it "very significantly undervalued" the company.

Aussie steelmaker tipped to rebuff fresh $13b takeover

Aussie steelmaker tipped to rebuff fresh $13b takeover

Shares in Australia's biggest steelmaker soared to a 17-year high on a takeover bid but analysts suggest Kerry Stokes and his US partner need to up their offer.

Mining giant ends bitter legal fight with former staff

Mining giant ends bitter legal fight with former staff

A high-profile stoush between Andrew Forrest's Fortescue and former employees has come to an end after the miner accused them of intellectual property theft.

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BlueScope Steel keen on Whyalla's iron ore resource

BlueScope Steel keen on Whyalla's iron ore resource

BlueScope Steel keen on Whyalla's iron ore resource

BlueScope Steel keen on Whyalla's iron ore resource

Steel giant BlueScope is leading a consortium to potentially acquire the Whyalla Steelworks, an asset it views as having potential beyond its core business.

Worker killed after steel beam strike at major plant

Worker killed after steel beam strike at major plant

Worker killed after steel beam strike at major plant

Worker killed after steel beam strike at major plant

A contractor has lost his life after a crane dropped a beam at a steelworks undergoing a $1.15 billion blast furnace reline.

Mining giant reveals deal to turn iron and steel green

Mining giant reveals deal to turn iron and steel green

Mining giant reveals deal to turn iron and steel green

Mining giant reveals deal to turn iron and steel green

One of Australia's largest mining companies will pause its plans to produce greener iron and invest $35 million in emerging local technology.

Embattled steelworks should become a green iron beacon

Embattled steelworks should become a green iron beacon

Embattled steelworks should become a green iron beacon

Embattled steelworks should become a green iron beacon

Australia should take advantage of its natural resources to lead the world in the green metals race, a report has found, with one facility an obvious choice.

One state could help Australia lead green metals race

One state could help Australia lead green metals race

One state could help Australia lead green metals race

One state could help Australia lead green metals race

Australia could help to reduce carbon emissions around the world using green metals but one state is likely to play a bigger role than others.

Green steel given pride of place in major govt projects

Green steel given pride of place in major govt projects

Green steel given pride of place in major govt projects

Green steel given pride of place in major govt projects

Steel made with green energy will be preferred on major government projects in a move hailed by renewables advocates as a step forward for Australian industry.

Hydrogen or bust: green iron projects struggle with gas

Hydrogen or bust: green iron projects struggle with gas

Hydrogen or bust: green iron projects struggle with gas

Hydrogen or bust: green iron projects struggle with gas

A study called 'How To Spend a Billion Dollars' says a guaranteed supply of renewable energy will be vital for the success of green iron and steel projects.

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Protests and price drops: mining giant faces challenges

Protesters have disrupted a meeting held by one of Australia's largest coal mining companies but bigger challenges could come from global price fluctuations.

Mining giant flags more jobs at risk due to coal taxes

One of the world's biggest mining companies has hit out against Commonwealth and state taxes, arguing they must be competitive enough to attract investment.

No future made in Australia without gas: Bluescope boss

Australian industrial gas users are subsidising the cost of gas going to competitors overseas dues to a broken pricing system, Bluescope Steel's boss says

Aussie shares trade flat amid BHP ore shipping worries

Australia's materials sector weighed on the bourse on reports of a trade stoush between China's iron ore buyer and BHP, while gold surged to a fresh record.

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Step off the gas, Aussie green iron producers warned

Australia could squander the opportunity to export green iron to the world if it does not pursue renewable hydrogen for its production, analysts say.

Industry, climate firms to give green iron green light

Creating a green metals industry is taking longer than expected, experts say, but an Australian summit is seeking ways to accelerate its creation.

BHP mulls mothballing coal mines over royalty regime

BHP has delivered record production across several metal groups, but sluggish commodity prices and one state's royalty regime have chiselled away at earnings.

Steel boss complains about local gas market 'madness'

Australia must stop prioritising gas exports over domestic supply and introduce a permanent reserve and price mechanism for gas, a big steelmaker says.

Union alarm as mining giant mulls sick leave overhaul

Proposed changes to the sick leave policy for thousands of Rio Tinto workers has sparked union concerns other employee entitlements will also be targeted.

Rio Tinto profits slip as prices weigh on performance

One of the world's biggest iron ore miners has posted its weakest first-half profit in years as lower global demand continues to drag on the commodity's price.

PM urges work on green steel over red wine in China

Aussie-grown beef and Penfolds wine will be on the menu as Prime Minister Anthony Albanese addresses Chinese and Australian captains of industry in Shanghai.

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