The American Iron and Steel Institute(AISI) reported that for the month of August 2023, US steel mills shipped 7,663,767 net tons, unchanged from the 7,675,344 net tons shipped in August 2022.
Glencore Plc said on Wednesday it will stop funding the loss-making Koniambo Nickel SAS (KNS) business it co-owns in New Caledonia at the end of February, adding to pressure on the troubled nickel sector in the French Pacific territory.
The Philippines’ lower house on Tuesday approved a bill that overhauls the tax system for mining, which the government said will be simplified to make the industry more attractive to investors.