Category: NEWS
EUROFER Urges Action to Close Loopholes in Cross-Border Carbon Adjustment Mechanism (CBAM)
EUROFER urges the EU to close loopholes in CBAM to ensure effective protection against carbon leakage and safeguard…
US Tariff War: Major Agreements and the EU’s Push for Trade Resolution
The US has signed important trade deals with China and the UK, while the EU continues to push for a resolution to avoid…
Nucor Reduces HRC Prices for Fourth Consecutive Time – Down to $870/t
Nucor cuts hot-rolled coil prices to $870 per ton for the week of May 26 – June 1, marking the fourth reduction this year.
Global Steel Production Capacity to Increase by 165 Million Tons by 2025-2027, Warns OECD
OECD forecasts a 6.7% increase in global steel production capacity by 2027. However, demand growth is expected to remain…
MEPS’s Global Steel Production and Capacity Round-Up: ArcelorMittal, Cleveland-Cliffs, and Major Developments in Steelmaking
MEPS’s May global steel production round-up highlights ArcelorMittal’s decarbonization, Cleveland-Cliffs’ closures, and investments…
Oklo and KHNP Partner to Advance Nuclear Technology Development
Oklo partners with KHNP to advance the Aurora powerhouse, focusing on small modular reactors and global nuclear…
Franco-Nevada Acquires Royalty on Côté Gold Mine for $1.05 Billion
Franco-Nevada acquires a 7.5% royalty on the Côté Gold Mine in Ontario, adding significant cash flow and growth potential.
Glenfarne Partners with Worley to Advance Final Engineering for Alaska LNG Pipeline
Glenfarne and Worley begin final engineering for the Alaska LNG Pipeline, advancing energy security and supporting the…
Harmony Gold to Acquire CSA Copper Mine Owner MAC Copper for $1bn
Harmony Gold Mining acquires MAC Copper for $1.03bn, securing control over Australia’s CSA Copper Mine and boosting…
BIR World Recycling Convention 2025: Recycled Steel Usage Stalls in 2024
Recycled steel consumption fell by 1% in 2024 due to stagnant prices and growing use of DRI, impacting global steel markets.
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