Global insight

Iran spending 60% less hard currency on steel production

Bahram Sobhani referred to the role of the indigenization movement in reducing the use of foreign currency in steel production

Tuesday, January 2, 2024

Aneka Tambang sells shares of subsidiaries to world’s biggest EV battery company

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).

Tuesday, January 2, 2024

US extends steel TRQs for EU for another two years

The US has determined that specified volumes of steel product imports from the European Union will no longer threaten to impair national security

Tuesday, January 2, 2024

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.

Tuesday, January 2, 2024

UK competition authority to examine proposed subsidy for Tata Steel UK

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

Tuesday, January 2, 2024

Australia's Green Steel of WA to build green steel recycling mill

Australia-based Green Steel of WA has announced that it plans to build a green steel recycling mill in Collie,Western Australia.

Friday, December 29, 2023

India working on mechanism to compensate steel exporters forCBAM in EU

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.

Friday, December 29, 2023

Gabon Says Manganese Output Won't Rise in 2024

Gabon's Minister of Mines Herve Patrick Opiangah said the country won't increase its yearly production of manganese.

Thursday, December 28, 2023
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