Dry bulk

BHP Billiton reported iron ore production of 67 million t in 3Q16, with 58 million t attributable to the company.

Enviva Wilmington Holdings LLC has offered to sell the entity that owns the wood pellet production plant in Sampson County, North Carolina, US.

Rio Tinto announced a new research initiative with the Critical Materials Institute, a US Department of Energy Innovation Hub.

Lighthouse Resources commences shipments of US Powder River Basin coal to Asia through Westshore Terminals in Vancouver, British Columbia, Canada.

Global steel demand is through the bottom of the cycle, according to the World Steel Association, with growth forecast in 2016 and 2017.

JERA Trading Singapore has reached a non-binding agreement to buy EDF Trading’s coal and freight business.

The current crisis in the dry bulk shipping sector will result in industry consolidation, as well as more focus on risk management and higher financing costs, according to BIMCO.

The Baltic Exchange has appointed Mark Jackson as its new CEO, as the London-based shipping organisation prepares to be taken over by Singapore Exchange.

Anglo American sells niobium and phosphates businesses in Brazil to China Molybdenum Co. Ltd.

Global steel production rose 1.8% year-on-year in August 2016, according to the World Steel Association.

The Board of The Weir Group PLC has reported the appointment of John Heasley as CFO.

Gécamines awards Metso a contract for a full crushing and screening plant for its aggregate production near Dakar, Senegal.

The Conveyor Equipment Manufacturers Association (CEMA) reported that its January 2016 booked orders decreased 17.4% compared to January 2015 orders.

Loesche India Pvt. Ltd has received its first order in Nepal.

The Port of Dunkirk has confirmed a record traffic of 3.226 million t for the 2015-2016 campaign.