Category: World
Follow global headlines and understand the forces shaping today’s world stage.
Peru Mulls Green Light for $6 Billion in Mining Projects
Peru considers approving $6 billion in mining projects amid protests and political instability.
South32 Resumes Manganese Exports from Gemco Mine
South32 resumes manganese exports from Gemco mine, signaling a production recovery after Cyclone Megan’s disruption.
Chinese Steelmakers Boost Profitability Amid Capacity Cuts
Chinese steelmakers profit rebounds 14-fold in H1 2025 due to capacity cuts and softer raw material costs.
European HRC Market Stagnates Amid Import Pressure and CBAM Concerns
European HRC prices drop 2–6% in July due to weak demand, cheap Asian imports, and looming CBAM regulations.
ArcelorMittal Confirms Suspension of DRI Plant Plans in Dunkirk
ArcelorMittal halts Dunkirk DRI plant project due to unprofitable gas and green hydrogen prices.
RecycLiCo Joins MINAC to Strengthen U.S. Critical Minerals Supply Chain
RecycLiCo joins Lucid and others in MINAC to boost U.S. battery material sourcing and circular economy efforts.
Nucor Lowers Hot-Rolled Coil Prices by $10 per Ton in July 2025
Nucor cuts US hot-rolled coil prices by $10/t in July 2025 after weeks of stability amid market shifts.
Italy Steel Production Declines 9% in June 2025 Amid Sector Headwinds
Italy’s steel output dropped 9% in June 2025, signaling weak demand and sector pressures despite yearly gains.
Germany Steel Production Decline in 2025
Germany’s steel production dropped 15.4% in June 2025 amid energy costs and weak demand, hitting recession-level lows.
EU Steel Import Safeguard Consultation Sparks Debate on Future Trade Defense
EU opens consultation on steel safeguards, aiming to defend its industry from global oversupply and tariff disruptions.
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