Category: Market
GE Vernova Partners with Dominion Energy to Modernize Saluda Hydropower Plant
GE Vernova has been awarded a contract by Dominion Energy South Carolina to modernize two turbines at the Saluda Hydropower…
EIB and Naturgy Partner for €1bn Renewable Energy Projects in Spain
The European Investment Bank (EIB) and Spanish energy company Naturgy have signed a €1bn loan agreement to advance…
U.S. Steel Production Slows in 2024 Amid Declining Capacity Utilization and Rising Imports
Steel production in the United States has experienced a decline in 2024, with the total output reaching 80.5 million tons…
ReMA Sues Minnesota Over Copper Recycling Law
The Recycled Materials Association (ReMA), a Washington-based trade group representing the recycling industry, has filed a lawsuit against…
Disappointing December Predicted for Global Ferrous Scrap Market
Ferrous scrap prices are under pressure as overseas demand weakens in key markets like Turkey, South Asia, and…
Global Stainless Steel Production Grows 6.3% in First Half of 2024, Driven by Asian and American Markets
Global stainless steel production rose 6.3% in H1 2024, driven by strong demand in Asia and North America. China, India,…
China’s Ferro-Nickel Imports Surge in September, Driven by Indonesian Supply and Stainless Steel Demand
China’s ferro-nickel imports surged in September 2024, driven by strong supply growth from Indonesia and stable demand…
Freeport-McMoRan Announces Copper Mine Expansions in Arizona and Chile
Freeport-McMoRan plans major expansions in Arizona and Chile to boost copper production, driven by rising demand…
Wabtec’s Q4 Forecast Boosted by Strong Global Locomotive Demand
Wabtec is forecasting significant profit growth in Q4 2024 due to surging global locomotive demand and…
China and Turkey Strengthen Rare Earth Cooperation Amid Growing Global Demand
China and Turkey have partnered to develop rare earth resources, securing a stable supply for the growing demand…
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