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Marcegaglia takes over Ascometal production site
Italian steel producer Marcegaglia Group announced that it has strengthened its position in the French market by taking over Ascometal's production site in Fos-sur-Mer, and the name of the plant has been changed to "Marcegaglia Fos-sur-Mer." Stating that it will spend...
Iron Ore and Ferrous Scrap Stable: A Break in the Steelmaking Raw Materials Market.
Uncertainty reigns supreme in the international steel raw materials market, with iron ore and ferrous scrap prices showing signs of stability after a period of volatility. Iron Ore: Between Stimuli and Controls The price of iron ore with an iron content of 62 percent...
China suspends tariff concessions on 134 items under trade agreement with Taiwan
China will reinstate tariffs on 134 items imported from Taiwan next month after the Ministry of Finance said it will suspend concessions on these items under a trade agreement because Taiwan has not reciprocated. China, which claims democratically governed Taiwan as...
Aluminum: Rio Tinto signs agreement to become sole owner of NZAS smelter
Rio Tinto said it has entered into an agreement to purchase Sumitomo Chemical Co's 20.64 percent stake in New Zealand Aluminium Smelters (NZAS) to gain full control of New Zealand's only aluminum smelter. NZAS is a joint venture between Rio, which holds a 79.36...