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India assesses 25 percent duty on steel imports: a move to protect domestic industry
India's Ministry of Steel recently proposed the introduction of a 25 percent safeguard duty on certain categories of imported steel. The proposal, made during a Dec. 2 meeting between Steel Minister H.D. Kumaraswamy and Minister of Commerce and Industry Piyush Goyal,...
HRC hot-rolled steel prices in Europe: stalling and waiting for long-term contracts
The hot-rolled (HRC) steel market in Europe remained almost stable on Dec. 3, with prices affected by ongoing negotiations for long-term contracts between producers and end users. This uncertain situation is slowing down transactions and maintaining a wait-and-see...
Chinese ban on export of gallium germanium and antimony to the U.S.
China announced Tuesday an immediate ban on exports of gallium, germanium and antimony to the United States (U.S.), a direct response to new restrictions imposed by the Biden administration on the sale of advanced U.S. technologies to China. This decision, prompted by...
Rio Tinto and the turn to copper: ambition, investment and energy transition
Australian mining giant Rio Tinto has announced significant growth in copper production planned for 2025, thanks to a 50 percent increase in extraction at the Oyu Tolgoi deposit in Mongolia. This marks an important step forward in the company's strategy, which is...