Global insight

How China Came to Dominate the World’s Largest Nickel Source for Electric Cars

Chinese firms mastered a process that unlocked Indonesia’s ore for use in making EV batteries.Across the Indonesian archipelago, new industrial plants are going up to process chunks of nickel ore for use in electric-car batteries. Five years ago, there were n...

Thursday, July 6, 2023

Odisha announces new long-term linkage policies for certain minerals

The Odisha government will offer long term ore linkage for iron ore, chrome, bauxite and limestone, mined and produced by the Odisha Mineral Corporation (OMC). The ore linkage will be for investors or companies that sets up end-use plants (greenfield/expansion...

Thursday, July 6, 2023

Firms set to benefit from chrome ore export exemption

Government has exempted the ban on the export of chrome ores for some firms in a move designed to allow them to raise the necessary capital to complete the construction and expansion of furnace, processing facilities and upgrade key mining technology.

Thursday, July 6, 2023

Steel prices are expected to rise

Steel prices are expected to rise again soon.

Thursday, July 6, 2023

Four takeaways from the Global Steel Dynamics conference

Taking center stage this year were questions over premiums on and standards for green steel, carbon tariffs at the border, the stability of scrap supply in the US and hydrogen’s promising role in decarbonizing steel production.

Thursday, July 6, 2023

Climate change presents ‘once-in-a-century’ opportunity for commodities traders: TELF

In a highly energy-intensive and carbon-generative industry like ferro-chrome, producers naturally have a growing focus on their energy usage and emission levels and what they can do to mitigate them, especially while end users increasingly look to solidify th...

Thursday, July 6, 2023

AISI: US Raw Steel Production in the week ending on July 1, 2023

Broken down by districts, here’s production for the week ending July 1, 2023 in thousands of net tons: North East: 137; Great Lakes: 563; Midwest: 215; Southern: 758 and Western: 67 for a total of 1740.

Thursday, July 6, 2023

US Scrap Trends Outlook: July

North American steel scrap prices could face their third consecutive month of decline across all grades in July as traditional summer production slowdowns hinder demand.

Thursday, July 6, 2023
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