Global insight
Iran spending 60% less hard currency on steel production
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Bahram Sobhani referred to the role of the indigenization movement in reducing the use of foreign currency in steel production |
Aneka Tambang sells shares of subsidiaries to world’s biggest EV battery company
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Indonesian miner Aneka Tambang has sold shares worth $467.18 million in two of its subsidiaries to a unit of the world’s biggest electric vehicle battery maker, China’s Contemporary Amperex Technology Co (CATL). |
US extends steel TRQs for EU for another two years
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The US has determined that specified volumes of steel product imports from the European Union will no longer threaten to impair national security |
Nickel is year’s biggest metals loser, copper manages small gain
In a mostly lackluster year for metals trading, nickel emerged as the worst performer and might not see a reprieve anytime soon. |
UK competition authority to examine proposed subsidy for Tata Steel UK
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The UK Competition and Markets Authority's Subsidy Advice Unit (SAU) has announced that it will create a report into the proposed £500 million funding for Tata Steel UK's |
Australia's Green Steel of WA to build green steel recycling mill
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Australia-based Green Steel of WA has announced that it plans to build a green steel recycling mill in Collie,Western Australia. |
India working on mechanism to compensate steel exporters forCBAM in EU
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European Union (EU) to compensate for the impact of the EU's proposed carbon border adjustment mechanism (CBAM), government sources said on Wednesday, December 27. |
Gabon Says Manganese Output Won't Rise in 2024
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Gabon's Minister of Mines Herve Patrick Opiangah said the country won't increase its yearly production of manganese. |
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