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Tug of War between Scrap Suppliers and Turkish Steel Mills: The Movement of HMS 1/2 Prices
The steel market is like a tug-of-war arena, with scrap suppliers and Turkish steel mills comparing prices for HMS 1/2. This tangled economic ballet has seen recent fluctuations in prices, but now seems to have settled into a tense wait-and-see between the parties....
Aluminium and steel: Canada refuses to receive Chinese material due to impending US duties
In response to the US decision to increase tariffs on Chinese aluminium and steel, Canada has made a firm commitment to protect its market from becoming a secondary channel for diverted Chinese products. As the US increases tariffs on specific Chinese imports to 25%...
Lithium: Chile grants Albemarle option to increase quota by 240,000 tonnes
Chile's economic development agency CORFO said on Wednesday it had reached an agreement with Albemarle to establish an option that would allow the US firm to increase its production quota by 240,000 tonnes of lithium. The increase would raise Albermarle's production...
Steel: Acciaierie d’Italia’s Taranto production halted completely
According to local media reports, a fire broke out at the Taranto plant of the Italian steel company Acciaierie d'Italia on 11 May. Although employees were not affected by the fire, there was a mechanical failure in the conveyor belt used to transfer coke to blast...