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Special steel: Indian ministry signs agreements with 27 companies for 25 mln ton capacity
A statement issued by Indian Steel Minister Jyotirditya Scindia says the ministry has signed 57 agreements with 27 companies to create a total capacity of 25 mln tons of specialty steel with an investment of $3.66 billion over the next five years. Through the...
Silver: record demand pushes the metal into a new age of deficits
Global demand for silver rose 18 percent last year to a record 1.24 billion ounces, creating a huge supply deficit, the Silver Institute said Wednesday, predicting further shortages in the years ahead. The institute said the silver market will have a supply deficit of...
Copper: China’s loss of appetite for imports dampens bullish side of market
Copper is a key metal for the energy transition due to its unparalleled electrical conductivity, but it will struggle to meet its demand potential due to a lack of investment in increased production. Producers will need to invest at least $105 billion to build 6.5...
EU imposes anti-dumping duty on stainless HRCs imported from Turkey
In order to protect stainless hot rolled coil (HRC) producers in the region from unfair competition, the European Commission has extended the anti-dumping measures applied to the product imported from Indonesia to products imported from Turkey. The Commission has...