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Manganese: South32’s mine suspension fails to lift prices
The mine suspension by South32, the world's largest manganese miner, failed to lift market sentiment in China, as production cuts by Chinese alloy producers continued to dampen demand. South32 temporarily suspended operations at its Groote Eylandt Mining Company...
Acciaierie d’Italia will provide EUR 150 million in funding for the Taranto plant
According to local media reports, the external management contracted by the Italian steel producer Acciaierie d'Italia (ADI) will provide EUR 150m in funding to carry out maintenance work at the Taranto plant. The European Union will grant the company a subsidy of EUR...
HRC steel: HRC prices in Northern Europe fall further
Prices of hot-rolled coils in Northern Europe (HRC) continued to fall on Monday 25 March due to sluggish demand, lower prices of some raw materials, and strong competition from imports. According to market sources, integrated mills in Northern Europe continued to...
Nickel: Antam of Indonesia will start building a new smelter and HPAL plant in 2025
Indonesian state-controlled mining company Aneka Tambang (Antam) plans to start construction of two nickel processing plants next year, as part of a partnership with China's Ningbo Contemporary Brunp Lygend Ltd (CBL). The projects are part of an agreement between...