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Titanium: Boeing, Airbus and Rolls-Royce looking for new suppliers
As the situation in Ukraine worsens, European and American countries have initiated several rounds of sanctions against Russia. Several manufacturers, including Boeing, Airbus and Rolls-Royce, are looking for new suppliers of key raw material titanium to hedge the...
US contractors reject Biden’s ‘Buy America’ guidelines
US construction contractors from the Associated General Contractors (AGC) of America are criticising President Joe Biden’s guidelines requiring the use of domestic steel for federal infrastructure projects. According to the AGC, the tightening of the Buy America...
Steel: Mariupol plants suffer further damage
Metinvest’s steel plants in Mariupol have suffered further damage as a result of fighting between Ukrainian and Russian military forces. On Friday, Russian Defense Ministry representative Igor Konashenkov said that Moscow forces and units of the self-proclaimed...
Steel: China’s steel demand slows in April
Steel demand in China is expected to continue to decline in April as deteriorating property sales weigh on domestic steel markets. The liquidity crisis facing property developers could extend into much of 2022, undermining Chinese steel demand for this year....