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Piombino at the centre of the green steel revolution: agreement between Metinvest and the Italian government
The city of Piombino, with a long industrial tradition, is preparing to become the beating heart of an ambitious green steel project. Thanks to an agreement signed between the Italian government and the Ukrainian giant Metinvest, a new state-of-the-art steel plant...
Trafigura and the lead market: profitable business at the LME warehouses in Singapore
In recent days, commodities giant Trafigura has been moving significant quantities of lead in warehouses registered at the London Metal Exchange (LME) in Singapore. According to anonymous sources close to the matter, the operation is linked to particularly lucrative...
European aluminium alloy ingot market: automotive crisis and economic impacts in Germany and Turkey
The European aluminium alloy ingot market is facing a critical phase, characterised by significant price depreciation. Germany and Turkey, two major players in this segment, are contributing decisively to this downturn, mainly due to economic difficulties and the...
Rio Tinto Removes Force Majeure Clause for Alumina Exports: Signals of Return to Normalcy in Gladstone
Mining giant Rio Tinto recently removed the force majeure clause on alumina exports from its operations in Gladstone, Australia. The news, reported by several market sources, is a positive sign for the entire industry after months of difficulties caused by gas supply...