Loading
Rare earths: Mongolia plans to deepen cooperation with the United States
Mongolia's Prime Minister L. Oyun-Erdene during a visit to Washington on Wednesday said the country will intensify cooperation with Washington on rare earth mining, but warned that a "new cold war" between the United States and China would hurt the global economy....
Outokumpu completes divestment of long products in Cogne
Outokumpu has completed the divestment of the remaining long products steel business in Degerfors and Storfors to Cogne Acciai Speciali. The sale was announced in early April (see Kallanish April 1) and followed the sale of most of the long products business to...
Trafigura seeks additional funds for project cost overruns in Congo
Commodities trader Trafigura has been forced to seek new funding for its $600 million copper-cobalt project in the Democratic Republic of Congo after the development exceeded its budget. The project developed by Chemaf SA, Trafigura's longtime partner, has run into...
HRC steel: European market paused by seasonality with mills hoping for higher prices in September
The European hot rolled coil (HRC) markets are at a complete standstill due to the summer holidays, but producers are hoping for higher prices in September thanks to a recovery in consumption and a lack of cheap imports due to the rapid utilisation of EU import...