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Changes in Aluminium Scrap Market Dynamics between Thailand and Malaysia
The latest data from the US Geological Survey (USGS) reveals a significant change in the market dynamics for aluminium scrap in Thailand and Malaysia. Traditionally the third largest importer of aluminium scrap from the United States, Thailand overtook Malaysia in...
Joe Biden Blocks US Steel Acquisition by Nippon Steel on National Security Grounds
US President Joe Biden has vetoed the proposed $14.9 billion acquisition of US Steel by Japan's Nippon Steel, citing national security concerns. This decision represents a potential death blow to the deal, which came at the end of a year of intense scrutiny. The move...
Steel Rebar Exports from Turkey: Monthly Growths and Annual Challenges
According to data provided by the Turkish Statistical Institute (TUIK), rebar exports from Turkey recorded significant growth in November this year. Specifically, the export volume reached 310,779 tonnes, marking an increase of 41.5% on a monthly basis and 10.7%...
China and Bauxite: The Asian Giant Consolidates in the Global Minerals Market
China is consolidating its leading position in the global minerals market, with a focus on bauxite, a key raw material for aluminium production. In the period between January and September last year alone, Chinese imports of bauxite increased by 20%, a strategy aimed...