Category: NEWS
Iran Strait of Hormuz Threat Raises Oil Price Risk Amid Escalating US Tensions
Iran’s Strait of Hormuz threat could trigger a global oil shock but risks severe self-inflicted economic damage.
Fastmarkets Launches 61% Iron Ore Index to Track Pricing Shifts
Fastmarkets launches a new 61% iron ore index to track pricing shifts and iron ore quality adjustments in China’s steel…
Eurofer Calls for 50% Quota Tariff Post-Safeguard to Protect EU Steel Industry
Eurofer urges the European Commission to implement a 50% tariff and reduce duty-free imports to protect the European…
Lynas Produces Terbium Oxide in Malaysia: Expanding Rare Earth Product Line
Lynas Rare Earths produces terbium oxide at its Malaysian plant, expanding its rare earth portfolio. The move strengthens…
Future Low-Carbon Materials Projects Need $1.6 Trillion in Funding
Low-carbon material projects, especially in heavy industries, need $1.6 trillion in funding to meet net-zero goals by 2030.
Silver Price Soars to $37 Amid Middle East Tensions, Outshining Gold
Silver hits a new 13-year high of $37, as geopolitical tensions in the Middle East spark market uncertainty, surpassing…
Teck Lands Permit to Extend Life of Copper Mine in British Columbia
Teck Resources secures a permit to extend the life of its Highland Valley Copper mine, ensuring steady copper production…
US Supreme Court to Rule on Trump’s Tariff Authority
The US Supreme Court may rule on the legality of President Trump’s tariff authority under the International Emergency…
Aerospace Industry Opposes US Section 232 Tariffs on Aircraft and Components
Major aerospace companies warn that Section 232 tariffs could disrupt US aerospace supply chains and raise…
South Korea’s Eco-Friendly Car Sales Surpass 50% Market Share for the First Time
South Korea’s eco-friendly car sales exceeded 50% of the market in May, marking a significant shift toward electric vehicles.
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