Global insight

LME activity up 18% in 2024, nickel volumes at pre-crisis level

Average daily volumes at the London Metal Exchange (LME), the world’s largest and oldest metals forum, gained 18% to 664,698 lots in 2024 with nickel volumes surging by 59%, the exchange said on Tuesday.

Wednesday, January 8, 2025

Vale and GreenIron sign MoU for decarbonization of metals and mining chain

The Brazilian miner,Vale, and the Sweden metallurgic technology company, Greenlron, have signed a Memorandum of Understanding (MoU) to collaborate on key initiatives in Brazil and Sweden for the decarbonization of the mining and metals supply chain.

Wednesday, January 8, 2025

Japan's Nippon Steel, U.S. Steel file lawsuit against U.S. gov't

The case was filed in the U.S. Court of Appeals for the District of Columbia Circuit.

Wednesday, January 8, 2025

Nippon Steel plans lawsuit after Biden's blocking of acquisition

Sources close to the matter said on Saturday that Nippon Steel is planning to file a lawsuit in response to Biden's decision, Kyodo News reported.

Wednesday, January 8, 2025

AISI: US November Steel Shipments Down 4.1 Percent From Prior Month

Down 4.0 Percent YTD in 2024 from Same Period in 2023.

Wednesday, January 8, 2025

AISI: US Steel Imports Down 13.7% In November vs. October

The U.S. imported a total of 2,067,000 net tons (NT) of steel in November 2024.

Wednesday, January 8, 2025

AISI: US Weekly Raw Steel Production in the week ending on January 4, 2025

AISI: US Weekly Raw Steel Production in the week ending on January 4, 2025.

Wednesday, January 8, 2025

Tata Steel UK starts decommissioning of equipment at Port Talbot

Tata Steel UK, a subsidiary of India-based steelmaker Tata Steel Limited, has announced that it has started to dismantle its Port

Tuesday, January 7, 2025
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