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ArcelorMittal awaits €300 million government support
Luxembourg-based steel producer ArcelorMittal has applied for government funding for decarbonization plans at its plant in Duisburg, Germany. The project requires an investment of about 300 million euros. If the aforementioned funding request is successful, it will...
CRC steel: U.S. will continue to impose countervailing duty on products imported from South Korea
The U.S. Department of Commerce has announced the final results of the end-of-period review of the countervailing duty on CRCs imported from South Korea. The Department determined that the elimination of the countervailing duty applied to the product imported from the...
UK changes to steel procurement law will favour local sales
The UK government has strengthened the traceability of steel origin by amending the law, part of the Public Procurement Circular, to declare the origin of steel used in public projects. These changes are expected to increase domestic purchases of cast and cast steel...
Cobalt: the market expects a weak second quarter
After a brief positive period in the first quarter, cobalt metal and sulphate prices are preparing for a difficult April-June quarter, as rising hydroxide inventories and weakening demand for electric vehicles deter buyers. Asian cobalt prices rebounded towards the...