Steelmaking technologies and coal dependence blast furnaces

How are iron ore miners reacting to steel technology change? Vale, Rio Tinto, Fortescue and Anglo American are increasing high-grade iron ore production, while BHP remains focused on coal-dependent blast furnaces. Steel Emission Reduction: direct reduced iron and electric arc furnace technologies are central to reducing emissions, putting pressure on iron ore miners for high-grade ore. Diverging Strategies: Iron ore […]