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Steel & Metal
- United Kingdom -

Tata Steel UK to Supply JCB with Green Steel

Tata Steel UK has signed a Memorandum of Understanding with JCB to supply green steel from its Port Talbot plant. This agreement marks Tata Steel UK’s first supply deal since announcing a £1.25 billion joint investment with the UK Government to transition to low-CO2 steel production.

The green steel will be produced using a state-of-the-art electric arc furnace, significantly reducing carbon emissions. JCB plans to integrate this green steel into its construction machinery, supporting its ongoing efforts to decarbonize its supply chain.

Iron ore futures extend gains as China outlines stricter steel capacity controls

Baosteel Q3 net profit jumps 130% on demand recovery and resilient exports

LME proposes permanent curbs on large nearby positions amid depleted stocks, zinc squeeze

China lifts curbs on Hancock Prospecting’s MB fines purchases, easing iron ore trade friction

China’s CISA mills lift early‑October crude steel output 7.5%; inventories also climb

India’s steelmakers seek relief from import curbs as H1 met coke shortfall widens

China iron ore futures slip; Tangshan concentrate prices steady amid tight supply

Indonesia suspends all scrap metal imports after radioactive contamination detected

Serbia asks EU to exempt it from proposed new steel tariffs and quota cuts

U.S. judge signals approval of Rio Tinto’s $138.75 million Oyu Tolgoi investor settlement

Rio Tinto says strong Q4 needed to hit iron‑ore target after Q3 shipments of 84.3 mt; China demand firm

ArcelorMittal’s M&A chief in South Africa for talks on sale of local unit, sources say

EU plan to halve steel import quotas and double out‑of‑quota tariff to 50% raises Indian export risk

Copper tops $11,000/t on LME as supply disruptions and fund buying lift prices