Category: World
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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.
B2Gold Secures Approval for Underground Mining at Fekola Mine in Mali
B2Gold gets Mali’s approval to launch underground mining at Fekola, boosting gold output from 2025 onward.
ArcelorMittal Forecasts Strong 2026 for Alabama Steel Mill
ArcelorMittal sees its Alabama steel mill reaching full capacity by 2026, solidifying U.S. market dominance.
EU to Negotiate with US on Steel Imports Quotas
EU and US to negotiate steel import quotas, aiming to ease tariffs and protect European steel industry interests.
ArcelorMittal Earnings Rise Despite Section 232 Tariff Pressure
ArcelorMittal posts $1B Q2 profit, boosted by Calvert acquisition, despite higher Section 232 tariffs and weak demand.
Trump Copper Tariff Includes Copper Scrap Export Controls
Trump’s copper tariff targets imports and hints at export limits on high-quality copper scrap to bolster U.S. supply.
Austria Steel Production Drops 14.3% in June Amid Energy Cost Pressures
Austria’s steel production declined 14.3% in June 2025, as high energy costs pressure competitiveness and EU demand falls.
Iron Ore Prices Surge Over 10% Amid China’s Infrastructure Boost
Iron ore prices rise over 10% in July as China’s infrastructure projects drive market optimism and steel production…
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