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Global insight

AISI: US domestic raw steel production in the week ending on June 29, 2024

Finished Import Market Share YTD at 23%.

Tuesday, July 9, 2024

Electric arc furnace usage in global steel production hits 28.6%

According to data from the World Steel Association analyzed by SteelRadar, electric arc furnace (EAF) accounted for 28.6% of global steel production.

Monday, July 8, 2024

Global molybdenum production and use falls in Q1 2024

Global molybdenum production and use falls in Q1 2024

Monday, July 8, 2024

Eramet and Huayou explore EV nickel partnership in Indonesia

French miner Eramet SA is exploring a partnership with Zhejiang Huayou Cobalt Co. to produce battery-grade nickel in Indonesia after a similar project with a European partner fell through last month.

Monday, July 8, 2024

LME volumes hit 10-year high in second quarter, led by nickel

Futures and options average daily volumes on the London Metal Exchange (LME) hit a 10-year peak in the second quarter, jumping 27% year on year, the exchange said on Thursday.

Friday, July 5, 2024

LME plans to suspend nickel brand of Nornickel’s Finnish plant from Oct 3

The London Metal Exchange (LME) will suspend the listing of a nickel brand produced by a plant in Finland owned by Russian metals giant Nornickel, it said on Wednesday, without providing a reason for the suspension.

Thursday, July 4, 2024

A ferroalloy plant is planned to be built in Kazakhstan with Turkish investment

In the Abay region of Kazakhstan, a Turkish company plans to build a ferroalloy plant and mining-processing complex worth $79.2 million. The project will start in mid-2027.

Wednesday, July 3, 2024

Study confirms Jaguar’s nickel sulphide production potential

Centaurus Metals has announced the results of a feasibility study for the Jaguar nickel sulphide project in northern Brazil, highlighting the strong economics from an initial concentrate-only project delivering a long-life production profile at first quartile ...

Wednesday, July 3, 2024