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Global insight

US steel mill shipments up 1.5 percent month-on-month in August

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.

Saturday, October 7, 2023

Glencore to stop funding troubled New Caledonia nickel plant

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.

Thursday, September 28, 2023

US steel imports down 4.0 percent in August

the US steel import market share in August 2023 was estimated at 21 percent, compared to 21 percent in July and 22 percent year-to-date.

Wednesday, September 27, 2023

Indian Metals And Ferro Alloys Expands Capacity As Domestic Ferrochrome Demand Rises

The greenfield smelter capacity in Kalinganagar will be commissioned by FY26, and mining expansions will take six to seven years.

Wednesday, September 27, 2023

Philippines’ lower house passes bill overhauling mining tax system

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.

Wednesday, September 27, 2023

Brazil's Vale and Port of Açu join forces to create Mega Hub for low-carbon steel production

Brazil's Vale and Port of Açu join forces to create Mega Hub for low-carbon steel production

Wednesday, September 27, 2023

Chile's Codelco to meet obligations as financials deteriorate -JPMorgan

Chile's Codelco to meet obligations as financials deteriorate -JPMorgan

Wednesday, September 27, 2023

Green Steel Challenges Could Trigger Overseas Push for Posco

Steel producers globally are attempting to slash the climate impact of an industry that accounts for about 8% of energy sector emissions

Tuesday, September 26, 2023