Category: NEWS
Wolfspeed’s Silicon Carbide Demand Soars with Shift to 800V EV Systems
The global shift from 400V to 800V electric vehicle (EV) charging systems is driving a sharp increase in demand…
Glencore to Settle Congo Bribery Case with $152 Million Fine
Swiss-based commodities giant Glencore has agreed to pay around $152 million to settle a criminal investigation involving bribery…
European Chip Joint Venture Launches Advanced Semiconductor Plant in Germany
The European Semiconductor Manufacturing Company (ESMC), a joint venture between Taiwan Semiconductor Manufacturing Company (TSMC),…
EU and UK Extend Steel Safeguard Measures Until 2026
The European Commission has announced a significant policy update, extending steel safeguard measures by two years, now set to…
Metal Source Expands Operations with Acquisition of Alabama Aluminum Facility
Metal Source, a subsidiary of Gebhart Holdings based in Indiana, has completed the acquisition of Imperial Group’s…
Ford Revises EV Strategy: Cancels Electric SUV, Delays Next-Gen Truck
In a major overhaul of its electric vehicle (EV) strategy, Ford Motor Company has announced the cancellation of its…
European Ferro-Tungsten Prices Decline Amid Summer Demand Slowdown
After experiencing a significant surge in the first half of the year, European ferro-tungsten prices have begun to decline…
First Solar Maintains 2024 Guidance Despite Decline in Q2 Bookings
U.S. solar module manufacturer First Solar has maintained its 2024 volume and revenue guidance despite a decline in quarterly bookings….
Boeing Grounds 777-9 Test Fleet Due to Titanium Component Issues
Boeing has temporarily grounded its 777-9 test fleet after routine maintenance inspections revealed that titanium structural components…
European Rally in Bismuth and Indium Prices Slows Amid Profit-Taking
The sharp rise in European prices for bismuth and indium metals slowed as sellers accepted lower offers to capitalize on…
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