Chile mining minister pushes to dispel industry concerns at LME Week

“As a nation are very clear and very respectful of our treaties and our agreements,” Hernando said.

Thursday, November 10, 2022

Midwest US coalition plans hydrogen production hub using nuclear power

The Great Lakes Clean Hydrogen Partnership made up of Linde, Energy Harbor, GE Aerospace, Cleveland-Cliffs steel manufacturing and the University of Toledo has moved forward with its US Department of Energy hydrogen hub application.

Thursday, November 10, 2022

EU steel demand to fall 3.5% in 2022 as economy worsens: Eurofer

Earlier this year, the association had forecast steel demand to drop by 1.7% in 2022.

Thursday, November 10, 2022

Can 13 million tons of prime scrap truly support the US HRC market?

The problem is that there are more than 13m tons of HRC capacity coming online or planned to come online in the next three years.

Thursday, November 10, 2022

European steel and aluminium sectors call for cautious implementation of carbon import levy

These include changes to the Emissions Trading System (ETS) and a new levy on imports under the Carbon Border Adjustment Mechanism (CBAM) to prevent carbon leakage.

Thursday, November 10, 2022

LME aims to double CFR Turkey ferrous scrap futures traded volumes in 2023

The two contracts have gained momentum on high volatility in the physical market that attracted greater futures interest.

Thursday, November 10, 2022

Mining giant eyeing new opportunities at 5th CIIE

The company signed a cooperation agreement with Xinjiang Bayi Iron and Steel at the fourth CIIE in 2021 to provide the latter with approximately 4 million metric tons of iron ore worth $460 million this year.

Thursday, November 10, 2022

US steel sentiment remains bearish as uncertainty looms over the demand outlook: survey

The sentiment for finished steel prices continued to slide as the November scrap buy week was underway, according to the most recent S&P Global Commodity Insights US steel market participant survey.

Thursday, November 10, 2022
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