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Nickel: global demand to rise to 3.02 million tonnes in 2022
Global nickel demand is expected to increase to 3.02 million tonnes in 2022 from 2.78 million tonnes in 2021, according to the International Nickel Study Group (INSG). Global nickel production is expected to rise to 3.08 million tonnes in 2022 from 2.61 million tonnes...
Vale and Nippon Steel sign memorandum of understanding
Brazilian miner Vale and Japanese steelmaker Nippon Steel have signed a Memorandum of Understanding (MoU) to pursue ironmaking solutions focused on carbon-neutral steelmaking processes. Based on this MoU, Nippon Steel and Vale will jointly study and explore the use of...
Scrap metal: Sidenor acquires Aguilar Metal Recycling
Spanish special steel producer Sidenor has acquired Aguilar Metal Recycling (AMR), a Valencian company specialising in industrial scrap. The agreement will guarantee Sidenor the supply of quality raw materials and increase its technological and industrial capacity in...
Acciaierie d’Italia suspends deliveries
Italian steel producer Acciaierie d’Italia has suspended some deliveries of confirmed orders. The trade association Assofermet has condemned the decision, saying that the reasons are unclear and that the steelmaker has not communicated the duration of the suspension....