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EU steel tube production increases as well as production in the construction sector
According to the second-quarter report of the Economic and Steel Markets Outlook 2023-2023, production of the EU steel pipe industry in the fourth quarter of last year increased by 1 per cent year-on-year after the 1.8 per cent drop observed in the previous quarter....
Ferrous scrap: the market prepares for the transition to low-emission steel
Ferrous scrap markets are looking to take an increasingly large role in the decarbonisation of the steel sector, as the expansion of electric arc furnace steel production in Europe, North America and Asia increases, with a greater need for high purity scrap and direct...
Lithium: Rio Tinto warns of takeover fever after dramatic price collapse
The dramatic fall in the price of lithium has prompted mining heavyweights to look to acquire companies with early-stage or pre-production projects. Rio Tinto Group CEO Jakob Stausholm said he was 'cautious' about acquisitions at current valuations, although the...
Iron ore: first shipment of the Russian Mechel from the Sivaglinsky deposit
Russian mining company Mechel announced that it has shipped the first batch of 4000 tonnes of iron ore extracted from its Sivaglinsky deposit. The iron ore was shipped to the Chelyabinsk metallurgical plant, also part of the Mechel group. In about three weeks, this...