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OM Holdings maintains production targets despite explosion at Sarawak plant
OM Holdings, one of Australia's leading listed ferrous alloy manufacturing companies, has confirmed that it is maintaining its production forecasts for the financial year 2024, set at 460,000-490,000 tonnes per annum (mt/year), despite an explosion that occurred on 17...
Revolution in recycling critical minerals: an opportunity for energy security and emission reduction
The latest International Energy Agency (IEA) report, published on 18 November and entitled Recycling of Critical Minerals : strategies to scale up recycling and urban mining, highlights the revolutionary potential of recycling critical minerals. These materials,...
Steel production in Italy resumes: +2.2% in October, signs of recovery for long products, suffering for flat products
In October, the Italian steel industry showed signs of recovery after September's difficulties, returning to year-on-year growth. Domestic steel mills produced a total of 2 million tonnes (Mt) of steel, marking an increase of 2.2% compared to October 2023. However, in...
European Commission Autumn Economic Forecast: An Analysis of the Coming Years
The European Commission (EC), in its autumn report, paints an economic picture of light and shadow for the European Union and the euro area in the coming years. GDP growth is projected to moderate in 2024, followed by an acceleration in 2025 and 2026, while inflation...