Category: Market
Argentina Lifts 16-Year Ban on Scrap Metal Exports, Boosting Recycling Industry
The Argentine government, under President Javier Milei, has officially lifted the 16-year ban on the export of scrap metals.
LME Sees Significant Growth in 2024 Trading Volumes and Sustainability Initiatives
The London Metal Exchange (LME) has announced a notable surge in trading volumes for 2024, with a significant 18.2%…
WRI Calls for Enhanced Copper Recycling to Address Clean Energy Demands
The World Resources Institute (WRI) has issued a report emphasizing copper’s critical role in the clean energy transition.
U.S. Likely to Implement Tariffs on Steel, Aluminum, and Copper to Boost Domestic Production and Reshoring Efforts
The United States is preparing to increase or introduce new tariffs on key metals such as steel, aluminum, and…
CMC Reports $175.7 Million Loss in Q1 of Fiscal 2025 Amid Legal Issues and Market Pressures
CMC (Commercial Metals Company), based in Irving, Texas, has reported a significant financial loss of $175.7 million for the…
Hudbay Minerals Secures Final Permit for Copper World Project in Arizona
Hudbay Minerals secures final permit for Copper World project in Arizona, projecting 85,000 tonnes of copper annually…
Biden Blocks U.S. Steel-Nippon Steel Acquisition, Sparking Legal and Union Reactions
President Joe Biden has officially rejected the acquisition of U.S. Steel by Japan’s Nippon Steel, putting an end to a deal that had…
Lapham-Hickey Steel Expands with Acquisition of Alkar Steel and Processing
Lapham-Hickey Steel has made a significant move to bolster its slitting and steel processing operations by acquiring…
JV Inkai Suspends Uranium Production Following Regulatory Delays
Uranium JV Inkai suspended uranium production. This action occurred…
Turkey’s 2024 Scrap Market Shows Diverse Global Sourcing and Strong European Dominance
Navigate Commodities, a global supply chain intelligence firm, has revealed a detailed report on the Turkish steel scrap market…
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