Global insight
CME north European HRC forward curve softens again
The curve is in a clear backwardation, with May trading on screen almost €50/t below the underlying Argus assessment, which stood at €834.25/t. |
India's Tata Steel Jamshedpur starts trial H2 injection
Tata Steel aims to achieve net zero carbon emissions from its Indian operations by 2045, while India aims to reach net-zero emissions by 2070. |
Thyssenkrupp's new CEO faces impossible task: selling steel
Thyssenkrupp's new CEO faces impossible task: selling steel |
India¡¯s steel imports shoot up to 7 mt; highest in recent years
India¡¯s steel imports shoot up to 7 mt; highest in recent years |
LME brokers see big gains in 2022 from volatility after nickel debacle
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April 24 (Reuters) - Most brokers and banks trading on the London Metal Exchange (LME) had a bumper year in 2022 in a highly-volatile market, but a provision by JP Morgan due to a nickel crisis weighed on its profits, according to results and industry sources. |
GM and Samsung partner to build a new battery factory in the US
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GM and Samsung SDI have announced that they are partnering to build a new battery cell factory in the US to power GM's electric vehicles. |
CME Group not planning to launch nickel contract to rival LME
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CME Group Inc, the world¡¯s largest derivatives exchange, is not planning to launch a nickel contract to rival the London Metal Exchange (LME), Terry Duffy, chair and chief executive of the group, told the Financial Times on April 24. |
Horizonte: nickel project at Brazil closer to beginning production
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Horizonte Minerals said on April 24 it was on track to begin production at its Araguaia nickel mine in northern Brazil in the first quarter of 2024. |




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