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Energy Crisis Overwhelms South African Ferrochrome: Samancor Risks Loss of 2,500 Jobs
The South African ferrochrome industry is facing one of its worst crises in decades. Samancor Chrome, one of the world's leading producers of both chrome ore and ferrochrome, has announced that nearly 2,500 workers could be affected by an imminent plan to downsize or...
Nickel and Zinc in Europe: Two Markets Face Off Between Localized Rebounds and Weak Demand
In early December, the European base metals market showed two very different faces. On the one hand, nickel, which after months of sporadic trading, returned to growth with unexpected acceleration in the uncut cathode and briquette segments. On the other, zinc,...
Washington Increases Pressure: US Tariffs on Steel and Aluminum Become Digital Currency
During the week of November 26, the US administration led by Donald Trump hinted at a possible opening: easing Section 232 tariffs on steel and aluminum produced in the European Union. This concession, however, would only come in exchange for a European step back on...
Taiwan Maintains Calm: Scrap Prices Steady Despite Global Rebound
The Taiwanese steel scrap market showed surprising stability on Tuesday, December 2nd, holding containerized import prices unchanged. This calm contrasts with the turmoil observed in other key iron ore market regions, from China to Turkey, where the steel chain has...