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Indonesia's nickel industry faces operational challenges despite its global dominance
During June 2025, Wood Mackenzie conducted a two-week nickel field visit across Indonesia, the world's leading nickel producer. We participated in ...
CMRG's role in the iron ore market
The China Mineral Resources Group (CMRG), established in July 2022, seeks to stabilise iron ore markets through centralised demand and strategic pu...
Can America smelt again? The power challenge of building new greenfield aluminium capacity
The U.S. aluminium industry faces a critical challenge as domestic production has declined significantly over the past decade due to rising energy ...
Value-in-use iron ore costs Q2 2025
The average global value-in-use (VIU) iron ore cost for Q2 2025 is US$58.5/t (62% Fe fines basis, CFR China). This cost is up 5.3% from Q1 2025 and...
The impact of 50% tariffs on US steel
The US decision to double steel import tariffs to 50% could reshape global trade flows. This scenario analysis explores the full impact—on US steel...
Iron ore pricing: Market evolution update
Over time, pricing mechanisms and points for iron ore products have significantly evolved and become more sophisticated. This evolution mirrors the...
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