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Aluminum: Rio Tinto signs agreement to become sole owner of NZAS smelter
Rio Tinto said it has entered into an agreement to purchase Sumitomo Chemical Co's 20.64 percent stake in New Zealand Aluminium Smelters (NZAS) to gain full control of New Zealand's only aluminum smelter. NZAS is a joint venture between Rio, which holds a 79.36...
Antimony: supply rigidity and demand for solar energy drive prices to all-time highs
Prices of antimony, a strategic metal used in flame retardants, batteries and ammunition, are soaring to record highs as demand from the solar industry outstrips supply, causing a large deficit that shows no sign of abating. The price spike, which industry insiders...
EU extends safeguard measures until 2026
The European Union (EU) has notified the World Trade Organisation (WTO) that the safeguard measures on steel will be extended for another two years, affecting access to residual tariff quotas (TRQs) for hot-rolled coils and wire rod, in particular. The proposed...
India’s steel industry under pressure: increased US duties could boost Chinese imports
The Indian steel industry is currently under stress. Already strained by cheap steel imports, the country is now even more worried about a surge in Chinese imports following the imposition of new duties on Chinese steel by US President Joe Biden. Besides the US, India...