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CBAM: possible increase in trade tensions and steel prices as part of an inevitable greening process
The introduction of the Carbon Border Adjustment Mechanism, or CBAM, by the European Union on 1 October - albeit in a transitional phase - is likely to increase tensions in steel trade with Latin America, where the surge in steel imports is intensifying. The CBAM will...
Steel: CMC Poland opens a new rolling mill
Long steel producer CMC Poland, a subsidiary of the Texas-based Commercial Metals group, recently chose Danieli Automation to revamp a new rolling mill at its Zawiercie plant. 'The purpose of the revamp is to optimise rolling performance and upgrade the rolling mill...
LME explores new options for nickel
The London Metal Exchange (LME) is not ruling out the prospect of introducing Category II nickel contracts. This is despite the crash in March 2022 with the LME's nickel contract. "We are focusing on the contract as we have it," said Robin Martin, director of business...
Nornickel starts collecting sulphur dioxide in Russia’s most polluted city
Russian mining giant Nornickel has launched a multi-billion dollar project to reduce sulphur dioxide emissions by 45% in Norilsk, Russia's most polluted city, through a complex capture programme. Nornickel, the world's largest palladium producer and a major producer...