Category: World
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EU Reduces DRI Imports by 15% in First Half of 2025
EU’s DRI imports fell 15% in H1 2025, led by sharp declines from Germany and the Netherlands.
Australia Increases Iron Ore Exports to 75 Million Tons in July 2025
Australia boosts iron ore exports in July, driven by rising Chinese demand despite regional steel production declines.
Shredder Wear Parts Tariff Exclusion Extended Amid ReMA Advocacy
USTR extends Section 301 tariff exclusion on shredder wear parts through Nov. 30, easing pressure on recyclers.
France Reduced Steel Production by 20.8% y/y in July 2025
France’s steel production fell 20.8% in July 2025, reflecting ongoing industry challenges and impacting the EU steel…
Freeport CEO Urges US Copper Incentives Amid Global Expansion Push
Freeport CEO calls for faster permits and incentives as US copper grades lag global standards.
South Korean Steelmakers Push for Tariff Relief Amid Rising US Trade Pressure
South Korean steelmakers face setbacks in US trade talks but push forward with new export and investment strategies.
Vietnam Lifts State Monopoly on Gold Trading: Market Liberalization Sparks Price Volatility
Vietnam ends 13-year gold monopoly, sparking market volatility and aligning prices with global standards.
Black Cat Syndicate Begins Underground Mining at Majestic Gold Site
Black Cat Syndicate starts underground mining at Majestic, targeting 80,000oz of gold near Kalgoorlie, Western Australia.
North African Green Steel Set to Gain EU Demand by 2027
North African green steel will surge in EU demand by 2027 as CBAM rules reshape the continent’s decarbonized steel…
US Defense Department Moves to Stockpile Cobalt, Boosting Strategic Metal Supplies
US Defense seeks to stockpile cobalt for the first time in decades, signaling a strategic shift in securing critical…
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