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New Agreement Between ILA and USMX: A Step Forward for the Modernisation of US Ports
On Tuesday evening, a joint announcement by the International Longshoremen's Association (ILA) and the United States Maritime Alliance (USMX) brought relief to the global logistics and trade sectors. The two parties reached a preliminary agreement on a new six-year...
Ten bids for sale of historic former Ilva plants
Managers of Acciaierie d'Italia, one of Italy's leading steel producers, have announced that they have received ten bids as part of the tender for the sale of the historic former Ilva plants, which officially closed on January 10, 2025. The original deadline, set for...
London, Hong Kong and the Future of Global Metals Trade: LME Toward a New Chapter
The London Metal Exchange (LME), one of the world's leading exchanges for industrial metals trading, is moving toward completing the process of approving Hong Kong as the new location for its global metals warehouse network. This strategic move aims to leverage Hong...
The Italian Scrap and Raw Materials Market for the Steel Industry: A Photograph of Late 2024
The monthly report of Assofermet, the Italian association of scrap, raw materials and steel distributors, offers a snapshot of the Italian market for scrap and raw materials used in the steel industry. December 2024 closed with a balanced market in terms of supply and...