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An Urgent Action Plan to Safeguard European Steel
Ahead of the upcoming session of the European Parliament, European Commissioner Stéphane Séjourné is expected to outline a strategic action plan for steel and base metals at a crucial time for the European steel industry. In this context, the European Steel...
Germany: Wage increase for the Electrical Engineering and Metalworking Industry agreed – the end of a tough trade union negotiation
At a time of economic and political crisis in Germany, IG Metall, the country's largest industrial union, achieved a significant wage increase for workers in the electrical engineering and metal industries, ending one of the most tense negotiations in recent years....
Nigeria: $1.2 billion deal with CNCEC to revive aluminium production
Nigeria has signed a $1.2 billion contract with Chinese state-owned engineering giant CNCEC (China National Chemical Engineering Company) for the renovation and reactivation of a major gas processing plant crucial to the country's aluminium supply chain. The...
Copper sector in China: smelter expansion threatens overall profitability
Chinese copper smelters are facing increasing pressure to slow down production expansion, which is undermining the sector's profitability. The risk is that this overproduction could jeopardise the sustainability of smelters internationally as well. China:...