Category: World
Follow global headlines and understand the forces shaping today’s world stage.
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US Steel Demand Weakens Amid Tariff Turmoil and Mill Idling
US steel demand dips as tariffs disrupt supply chains, causing mill idling and market shifts. -
Uganda Launches First Large-Scale Gold Mine to Boost Export Revenue
Uganda opens its first large-scale gold mine to refine and export 99.9% pure gold, targeting higher export earnings. -
EU Advances Carbon Border Adjustment Mechanism with New CBAM Legislation
EU strengthens CBAM with key updates, easing compliance for importers while aligning with Green Deal goals. -
Icahn Sells Tennessee Shredding Plant Site in Major Metals Redevelopment Deal
Icahn sells Nashville shredding plant site for $245M, enabling a major Tennessee redevelopment near the Cumberland River. -
Perpetua Resources Raises $425mn to Boost US Antimony Mining
Perpetua Resources secures $425mn to advance the Stibnite project, reinforcing US antimony mining and supply chain… -
EU Hot-Rolled Coil Import Supply Hits Multi-Year Low Amid Policy Impact
EU hot-rolled coil import quotas fall to multi-year lows amid policy changes and weak demand. -
South Korea Moves to Shield Steel Industry with K-Steel Act
South Korea introduces K-Steel Act to defend its steel industry from tariffs and cheap Chinese imports. -
Rio Tinto Commits $180M to Norman Creek for Long-Term Bauxite Production
Rio Tinto invests $180M in Norman Creek to extend Amrun mine’s life and secure bauxite supply through 2050. -
Surge in Metal Scrap Theft Hits Great Lakes Region, Says ReMA
Scrap metal thefts spike in U.S. and Canada, with Great Lakes region hardest hit, ReMA ScrapTheftAlert data shows. -
Nucor Lowers Hot-Rolled Coil Prices to $890/t Amid Market Shifts
Nucor cuts hot-rolled coil prices to $890/t as US steel market adjusts after stabilization in early August.
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