- + LME scrap and rebar volumes down on week as holidays limit market activity—Weekly trading volumes for both scrap and rebar futures decreased on the week as the run-up to the winter holiday period limited physical trading acti...
- + COMMODITIES 2025: Global surplus, declining prices weigh on Europe's lithium ambitions—This is part of the COMMODITIES 2025 series where our reporters bring to you key themes that will drive commodities markets in 2025. The immediate out...
- + India initiates safeguard investigation on imports of flat steel products—India has launched a safeguard investigation on imports of non-alloy and alloy steel flat products, according to a gazette notification dated Dec. 19,...
- + Australia raises 2024-25 met coal export forecast by 1.2% on favorable weather—Australia has raised its projected metallurgical coal exports for the fiscal year 2024-25 (July-June) by 1.2% to 163 million mt, from 161 million mt e...
- + COMMODITIES 2025: Cobalt market oversupply to ease in 2025—The cobalt market's oversupply is expected to ease in 2025, according to market participants, but will still be higher than in 2023, with more Chinese...
- + Australia's Syrah, Novonix join US petition seeking tariffs on graphite from China—Australia's Syrah Resources and Novonix joined an antidumping and countervailing duty petition with their US counterparts over graphite active anode m...
- + EU initiates review of steel import safeguard measures amid market changes—The European Commission has announced a review of the safeguard measures applicable to imports of certain steel products. The review, requested by 13 ...
- + Brazil's steel sector will require Real 180 billion investments to attain net-zero by 2050: AçoBrasil—Brazil's steel sector will need decarbonization investments of Real 180 billion ($29.19 billion) to reach carbon-neutral status by 2050, the year by w...
- + China's Ganfeng kickstarts lithium mine in Mali amid weak market sentiment—China's leading lithium producer, Ganfeng Lithium, kicked off the first phase of its Goulamina lithium project in Mali on Dec. 15, expanding its footp...
- + New tariffs on Canada, Mexico could add pressure to US business, consumer costs—President-elect Donald Trump's proposed 25% tariffs on all US imports from Canada and Mexico could reshape trade dynamics in North America and increas...
- + COMMODITIES 2025: Mexican aluminum market expects turbulent 2025 amid tariff uncertainty—This is part of the COMMODITIES 2025 series where our reporters bring to you key themes that will drive commodities markets in 2025. The Mexican alumi...
- + Ferrous scrap demand in North America is expected to keep growing in 2025—Mexican ferrous scrap exports to the US surged in Q3, setting a record high in August, amid weaker domestic prices and an increase in US demand fueled...
- + LME scrap volumes increase on week, futures sharpen in contango—Volumes traded for the scrap futures contracts on the London Metal Exchange, which settled basis of the Platts assessment, increased on the week as sp...
- + China's new stimulus hope fails to lift steel markets on dim demand recovery—The Chinese steel market remains unfazed by the latest developments around monetary and fiscal stimulus expected next year as such support would be un...
- + India unveils classification criteria for green steel—India has released guidelines to classify "green steel" with carbon dioxide emissions of less than 2.2 mt of carbon dioxide equivalent (CO2e) per ton ...
- + COMMODITIES 2025: European steel faces decarbonization hurdles, sluggish demand—The steel industry is poised to move up in the political agenda of various European nations in 2025 as governments begin addressing production and job...
- + INTERVIEW: European Aluminium wants to level the playing field for global aluminum recycling—Europe must work on its strategy to keep more aluminum scrap within the region and level the playing field with other global scrap consumers, George K...
- + South Korea's POSCO aims to phase out imported electrodes for EAF steelmaking—South Korean steelmaker POSCO aims to reduce its dependence on imports of graphite electrodes for electric arc furnace steelmaking, as its sister comp...
- + INTERVIEW: Mexican steel industry must seek regional strengthening in 2025: Canacero—The Mexican steel industry needs to enhance its supply chains next year by prioritizing national content and import substitution to effectively meet m...
- + Japan's Dec Kanto H2 scrap tender price falls for second month—December's Kanto H2 grade scrap tender saw one successful bid at a lower price on the month on both a Japanese yen and US dollar denominated basis on ...
- + China's EV output, sales hit another all-time high in Nov—China's new energy vehicle sales reached 1.51 million units in November, up 5.7% on the month and 47.4% from a year earlier, further improving the all...
- + LME Turkey scrap futures YTD trading volume breaches 11.50 million mt mark—Year-to-date trading of CFR Turkey scrap futures contracts on the London Metal Exchange surpassed the 11.50 million mt mark, according to the latest d...
- + UK should work with EU to address critical minerals shortages: Northover—The UK government should partner with the EU to promote sustainable, secure supply chains for critical minerals, according to Baroness Lyndsey Northov...
- + Antofagasta settles copper concs treatment charge with Jiangxi Copper at $21.25/mt for 2025 term contracts—Chilean miner Antofagasta settled 2025 copper concentrate treatment and refining charges at $21.25/mt and 2.125 cents/lb, respectively, with key Chine...
- + Trump's pick for trade adviser highlights focus on tariffs, conventional energy—US President-elect Donald Trump said Dec. 4 that he will appoint economist Peter Navarro as senior counselor for trade and manufacturing. Navarro, who...
- + INTERVIEW: Novelis bullish on aluminum demand going into 2025 amid sustainability push—US-based Novelis expects 2025 to be a strong year for aluminum demand, as it sees growth opportunities in the beverage packaging and automotive indust...
- + UK mulls nationalizing British Steel, productions, jobs, decarbonization at stake—The UK government is considering nationalizing British Steel if its efforts to rescue the second largest UK steelmaker fail in the coming months, all ...
- + India's steel ministry proposes 25% safeguard duty on imports—India's steel ministry has proposed a 25% safeguard duty on certain steel imports to address the concerns of the domestic steel manufacturers, accordi...
- + INTERVIEW: Meranti Green Steel on track to build low-carbon steel plant in Thailand—Singapore-headquartered Meranti Green Steel's new plant in Thailand is on track for groundbreaking in 2026 after it finalizes its investment decisions...
- + UK government to publish new critical minerals strategy in 2025—The UK government will publish a new critical minerals strategy in the spring of 2025, Industry Minister Sarah Jones is set to tell the Resourcing Tom...
- + China's manufacturing expands in Nov, may face 2025 export challenges—China's manufacturing activity expanded for the second straight month in November, but the trend could decelerate in 2025 due to potential challenges ...
- + Experts consider US approach to Africa's critical minerals under Trump—As President-elect Donald Trump prepares to return to the White House with the intent of implementing his "America First" agenda, his commitment to es...
- + Lithium and nickel developers in Latin America seek expansion, M&A opportunities—Mine developers in Latin America are seeking new lithium and nickel prospects as current low market prices bring acquisition opportunities for those w...
- + LME rebar contracts maintain contango curve, weekly trading volumes mixed on week—Volumes traded for the scrap futures contracts on the London Metal Exchange, which settle basis the Platts assessment from S&P Global Commodity In...
- + Australia to revise antidumping duties on steel sections from four countries—Australia has proposed revising current antidumping duties on hot-rolled structural steel sections imported from Japan, South Korea, Taiwan and Thaila...
- + Chinese importers hit pause on copper scrap from US as talks of new tariffs weigh—Several Chinese importers have slowed down intakes of copper scrap from the US amid concerns around China's potential counteraction against President-...
- + Vietnam domestic scrap prices fall, South Korean Light A prices decline—Type 1 or H2-equivalent 3-6 mm scrap prices in northern Vietnam fell to Dong 8,700-9,300/kg ($343-$367/mt) in the week to Nov. 27 amid sluggish demand...
- + India's April-Oct HRC imports nearly double on year; seen falling thereafter—India's imports of hot-rolled coil/strips over April-October 2024, which almost doubled on the year as inflows spiked from China, Japan, South Korea a...
- + Bolivia signs $1 billion lithium deal with China's CBC Investments—Bolivia's government Nov. 26 signed a $1 billion contract with China's CBC Investments to build two lithium carbonate plants, as the Andean country lo...
- + Trump's tariffs would drive up metals costs for manufacturers—The US risks ratcheting up costs for metals-intensive manufacturing if President-elect Donald Trump pursues a proposed 25% tariff on imports from Cana...
- + Ecuador's copper, lead exports drop through Q3 2024—Ecuador's copper, lead and precious metals exports dropped through the first three quarters from a year earlier as the Andean country's largest mines ...
- + Atlas Lithium announces plans to develop two further lithium projects in Brazil—NASDAQ-listed Atlas Lithium Corporation, owner and developer of the Neves project in Brazil's so-called Lithium Valley, announced Nov. 25 a plan to de...
- + LME scrap volumes climb on week as spot prices falter—Volumes traded for the scrap futures contracts on the London Metal Exchange, which settle basis the Platts assessment from S&P Global Commodity In...
- + Global steel production rises 1% year over year in Oct: worldsteel—Global crude steel production reached 152.1 million mt in October, rising 1% year over year and 5.9% from September, according to World Steel Associat...
- + Rio Tinto lifts force majeure on alumina exports from Gladstone: sources—Diversified miner Rio Tinto has lifted the force majeure on alumina exports from its Gladstone operations in Australia, market sources told S&P Gl...
- + South Korea forms body to run recycled silicon battery materials project—South Korea has established a consortium to run a recycled silicon battery materials project worth C$20 million ($14.32 million), NEO Battery Material...
- + INTERVIEW: SAFE sees government-private sector partnerships as vital to strengthening critical minerals supply chains—Concerns regarding potential shortfalls in the availability of critical minerals needed to sustain the global energy transition are spurring greater c...
- + Met coal prices expected to stay rangebound into Q1 as market pivots on uncertainties—The coking coal market gravitated towards a rangebound-to-slightly-bearish price outlook going into 2025, with some expecting it to extend even into t...
- + OM maintains 2024 ferroalloy output projection despite explosion at Samalaju complex—Australia-listed OM Holdings is maintaining its ferroalloy production guidance at 460,000-490,000 mt/year for the 2024 financial year, despite a Nov. ...
- + IEA calls for greater support for critical minerals recycling—A wave of new policies and mechanisms designed to support the recycling of critical minerals could deliver significant benefits for energy security, d...
- + Critical Metals to release new DFS for Austrian lithium project in Q1 2025—US-listed lithium exploration and development company Critical Metals has announced that it expects to release a new definitive feasibility study for ...
- + LME scrap volumes up on week, futures remain in contango—Volumes traded for the scrap futures contracts on the London Metal Exchange, which settle basis the Platts assessment from S&P Global Commodity In...
- + Cyclone Metals, Vale to develop Iron Bear project into iron ore mining venture—Australia's Cyclone Metals and Brazilian miner Vale have signed a non-binding memorandum of understanding to turn the Iron Bear iron ore project in Ca...
- + Japan's November Kanto H2 scrap tender price moves lower on month—November's Kanto H2 grade scrap tender saw one successful bid at a lower price month over month on both a yen and dollar denominated basis Nov. 12 aga...
- + EU, Chile sign deal to boost critical mineral cooperation—Chile and the European Union have reached agreement on a roadmap of measures to increase collaboration on critical minerals. Chile is the world's larg...
- + European aluminum industry readies for CBAM—The European aluminum industry is preparing for the EU's Carbon Border Adjustment Mechanism, due to take effect in 2026, with some concerns it may lea...
- + US ELECTIONS: Trump win, tariff plans weigh on copper prices—Donald Trump's win of the US presidential election hammered the price of copper on the prospect of steep tariffs, a possible pullback on energy transi...
- + US ELECTIONS: EU, UK steel, aluminum industries eye potential tariffs—Former US President Donald Trump's election to a second term Nov. 6 has brought the issue of tariff-rate quotas into focus for Europe and the UK's ste...
- + US ELECTIONS: Republicans win Senate majority, raising uncertainty over fate of US climate law—Republicans on Nov. 6 won a majority in the US Senate, potentially introducing further uncertainty for the nation's energy sector. The AP projects Rep...
- + Australia's Evion sells initial graphite output from Indian JV to Germany—Australia's Evion Group expects to ship 386 mt of expandable graphite from its Indian joint venture to Germany's Technografit GmbH by mid-March 2025, ...
- + US ELECTIONS: China's steel markets brace for potential tariffs, policy continuity—China's steel products could face additional tariff hikes on exports if Donald Trump wins the US presidential election but its domestic markets are pr...
- + Latin American steel won't decarbonize by 2050 without government funding: Alacero—Latin America's steel industry will not attain net-zero emissions status by 2050 without state aid, which is currently not on offer, according to indu...
As of 12/26/24 5:57am. Last new 12/21/24 12:31am. Score: 600
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