Dry bulk

Vale’s 3Q16 iron ore and pellet shipments from Brazil and Argentine were up on the previous quarter and on 3Q15.

Port of Antwerp reported its freight volume was up 3.3% for the first nine months of 2016 but dry bulk volumes continue to decline.

Global crude steel production from the countries reporting to the World Steel Association was up 2%, as China registered growth of 3.9%.

Rio Tinto has revised down iron ore shipments for 2016 after rail and port maintenance hit third quarter totals

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.