Category: Market
Weak NCM Demand Limits Nickel Consumption Growth in China
China’s nickel consumption growth has faced significant constraints in 2024 due to weak demand in the…
Mueller Industries Sees Positive Future for Copper Market Amid Price Surge
Mueller Industries, a major US-based copper manufacturer, is optimistic about the outlook for the copper market,…
OPEC+ Delays Oil Production Increase Amid Weaker Demand and Global Supply Surplus
The OPEC+ alliance, comprising major oil producers like Saudi Arabia and Russia, has decided to extend the delay on a…
U.S. Manufacturing Sector Continues Contraction Amid Modest Improvements in Key Indicators
U.S. manufacturing activity contracted again in November, marking the eighth consecutive month of decline, according to the…
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…
China’s Ferro-Nickel Imports Surge in September, Driven by Indonesian Supply and Stainless Steel Demand
China’s ferro-nickel imports saw a significant rebound in September 2024, rising by 41% month-on-month to reach 737,358 tons, marking…
Freeport-McMoRan Announces Copper Mine Expansions in Arizona and Chile
Freeport-McMoRan, a global leader in copper mining, has unveiled plans to expand its operations in Arizona and Chile…
Wabtec’s Q4 Forecast Boosted by Strong Global Locomotive Demand
Wabtec, a leader in locomotive manufacturing, is forecasting a significant profit boost in Q4, underpinned by a global…
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