Category: Market
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…
Tharisa Achieves Record Chrome Production While Facing PGM Market Struggles
Tharisa has reported a historic achievement in chrome production, reaching 1.7 million tons for the fiscal year ending September…
Chinese Nickel Sulphate Producers Raise Prices to Offset Rising Losses
In a significant response to increasing financial pressures, Chinese nickel sulphate producers have raised their prices following the Golden…
SAIC Motor to Challenge EU’s 45% Tariffs in Court
SAIC Motor, a prominent Chinese state-owned carmaker, has decided to escalate its dispute with the European Union by filing…
South Star Initiates Graphite Production in Brazil Amid Rising Battery Demand
Canadian battery-metals company South Star has officially commenced graphite production at its Santa Cruz project located in…
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