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US wants to exclude China from its battery supply chain
The Biden administration has unveiled a plan to exclude Chinese entities from the rich tax credits available for investment in the US electric vehicle (EV) supply chain. Both the bipartisan infrastructure bill, which allocated $6 billion in credits for batteries and...
Nickel sulphate: the London Metal Exchange studies a contract in view of increasing demand for EV batteries
The London Metal Exchange (LME) is studying a nickel sulphate contract in light of increased demand for the material in electric vehicle (EV) batteries. "We are continuously conducting analysis and market research. At the moment we are evaluating nickel sulphate and...
Steel: Over 96% of scrap for domestic production from circular economy comes from Italy and the EU
On the occasion of parliamentary questions at the Chamber of Deputies on 29 November, there was once again talk of ferrous scrap exports in relation to the needs of the national steel industry, which uses scrap as a raw material for steel production. ASSOFERMET, the...
Iron ore: Vale says China cannot control its price
China may be the world's biggest buyer of iron ore, but even this position of power does not mean that Beijing can dictate prices of the ingredient for steel production, said the CEO of second largest producer Vale SA. Vale CEO Eduardo Bartolomeo's comments come as...