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GFG Alliance explores co-investment and divestment options for Liberty’s Belgian, Luxembourg and Italian plants
Liberty Steel recently launched a review of its downstream flat rolling operations in Western Europe. The company's parent company, GFG Alliance, said the potential shake-up of the steel industry stems from an expression of interest from several interested parties....
Copper: China defies global squeeze with near-record production
The global copper market is plagued by fears of a shortage, which has pushed prices to record levels and sparked a $49 billion takeover battle. But in China, the world's largest producer and consumer of the refined metal, there is more than enough. At the center of...
Automotive industry: Tesla urges suppliers to manufacture outside China and Taiwan amid escalating tensions
In the rapidly evolving automotive industry, ensuring robust and reliable supply chains has become critical, especially with escalating geopolitical tensions. Tesla is proactively addressing these concerns by reshaping its supply chain strategies. Tesla is ensuring...
Ferrochrome and Scrap Inox: LME open to consider new futures contracts
The London Metal Exchange (LME) would be open to discussing potential new cash-settled futures contracts for stainless steel scrap and ferrochrome, depending on market demand. This follows the discontinuation of the quarterly European Ferrochrome Benchmark Price, or...