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HRC Steel, Spot Scarcity Supports Europe And The United States
Hot-rolled coil prices began September supported by limited immediate availability in both Europe and the United States, despite different demand conditions and signals still insufficient to indicate a generalized recovery in steel consumption. In Europe, the return...
Graphite Electrodes, GrafTech Cuts Capacity By 29% But The Surplus Remains Global
GrafTech International will close its graphite electrode plant in Monterrey, Mexico, as part of a reorganization intended to reduce production capacity and adapt it to a market still characterized by significant oversupply. Mexican production is expected to end early...
Asia Black Mass, The Cobalt Collapse Weighs More Than The US Ban
Payables for NCM black mass declined in the main Asian markets in the week to Wednesday September 2, penalized by weakness in cobalt sulfate, lithium instability and recyclers’ caution. The ban on black mass exports from the United States, which came into effect on...
US Batteries, Export Ban Accelerates Domestic Refining
The new US restriction on black mass exports is beginning to change the industrial structure of battery recycling. After years in which a significant portion of the material recovered in the United States was sent to Asia, the priority is shifting toward the...