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Steel: Indian steel producers ask the government to ban the export of low-grade ore
Some secondary steel producers in India have asked the government to ban the export of low-grade iron ore to ensure greater availability on the subcontinent, despite the preference for this material by key importers such as China for steel production. The Chhattisgarh...
Geopolitical tensions and dollar strength: uncertainty looms over markets
The start of the new year presented mixed signals for the global economy and the financial markets in general. The government's optimistic outlook and positive economic data from the US initially fuelled enthusiasm and anticipation for future developments. However,...
ArcelorMittal France will commission the new furnace at the Fos-sur-Mer plant in the second quarter
ArcelorMittal France, a subsidiary of Luxembourg-based steelmaker ArcelorMittal, has announced that the ladle furnace project at its Fos-sur-Mer plant near Marseille, which began in 2022, has reached its final stage. The commissioning of the furnace is scheduled for...
A Republican US senator wants to increase duties on Chinese vehicles
Republican Senator Josh Hawley on Wednesday introduced a bill to increase tariffs on Chinese vehicle imports as concern grows over the potential competitive impact on US auto companies. Hawley said President Joe Biden should take action to protect US auto workers...