Category: Market
Vale Plans to Launch Low-Grade Iron Ore to Strengthen Position in Asia
Vale plans to launch low-grade iron ore to boost its presence in Asian markets, targeting Chinese steelmakers facing…
Germany Pushes EU for Aluminium Scrap Export Tariffs to Protect Domestic Recycling Industry
Germany urges EU scrap export tariffs to curb US-bound shipments and safeguard aluminium recycling supply.
Nucor Cuts Hot Rolled Coil Prices Again Amid Market Uncertainty
Nucor cuts hot rolled coil prices to $880/ton for the third time in May 2025 due to lower scrap costs and…
How Russian Steel Exports Have Shifted Under Sanctions: 2025 Outlook
Western sanctions forced Russia to reroute steel exports, but losses continue in 2025. Explore the trends, challenges, and…
UK-US Steel Deal Sparks Hope Among EU Steelmakers Amid Trade Tensions
The UK’s steel deal with the US lifts Section 232 tariffs and raises EU hopes. Discover key implications for the…
Hydro to Build New Aluminium Wire Rod Casthouse in Norway
Hydro to build aluminium wire rod casthouse in Norway to meet rising demand for low-carbon energy infrastructure in Europe.
Ferrous Scrap Prices Drop $40 in May as Global Steel Demand Shifts
Ferrous scrap prices declined in May as U.S. mills and exporters reacted to weak demand, tight supply, and global market…
Hydro to Shut Down UK Birtley Extrusion Plant Amid Market Challenges
Hydro will close its Birtley extrusion plant in the UK by May 2025, responding to weakening aluminum market conditions.
Argentina Approves Rio Tinto’s $2.5 Billion Rincon Lithium Expansion Under New Mining Incentive Plan
Argentina has approved Rio Tinto’s $2.5B Rincon Lithium expansion, the first under its new RIGI mining investment program.
Rio Tinto and Codelco Partner on Lithium Project in Chile’s Salar de Maricunga
Rio Tinto and Codelco have formed a joint venture to develop a lithium project in Chile’s Salar de Maricunga, enhancing…
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