Category: Market
Discover insights from global markets, investment flows, and economic movements.
Dongfang Electric Launches World’s Largest Offshore Wind Turbine
China’s Dongfang Electric Corporation (DEC) has unveiled the world’s most powerful offshore wind turbine, a 26MW giant that…
AM 4 AM Secures €1.3 Million to Boost Metal Powder Production for Additive Manufacturing
AM 4 AM, a Luxembourg-based metal powder provider for additive manufacturing (AM), has raised €1.3 million in seed…
Manganese Ore Prices Drop Amid Weakening Demand from Chinese Alloy Producers
Manganese ore export prices have significantly dropped in response to reduced demand from Chinese alloy producers.
Rio Tinto Acquires Full Control of Key Aluminium Smelters
Rio Tinto has completed the acquisition of Sumitomo Chemical Company’s 20.64% stake in New Zealand Aluminium Smelters (NZAS), making it…
Gerdau Expands North American Scrap Recycling with Dale’s Acquisition
Brazilian steelmaker Gerdau has completed the acquisition of Tennessee-based Dale’s Recycling, enhancing its scrap processing…
Stainless Scrap Faces Growing Competition from Nickel Pig Iron (NPI)
At the BIR Autumn 2024 meeting in Singapore, experts from the stainless steel industry discussed the ongoing challenges…
Cleveland-Cliffs Faces $230 Million Loss in Q3 2024 Amid Weak Steel Demand and Pricing Pressures
Cleveland-Cliffs Inc. has reported a $230 million loss for the third quarter of 2024, driven by weaker demand and pricing in…
Capricorn Metals Gets Board Approval for Expansion of Karlawinda Gold Project
Capricorn Metals has received board approval for the expansion of its Karlawinda gold project (KGP), located in the…
Hubei Letong Resumes Manganese Flake Production Amid Price Surge
Hubei Letong, one of China’s key manganese flake producers, has resumed production at its facility, increasing output to 30-40…
EGA Halts Bauxite Shipments, Stirring Aluminium Market Uncertainty
Emirates Global Aluminium (EGA), a prominent player in the aluminium sector based in the UAE, has announced the suspension…
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