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Crude steel: Italian production still down in November
November still saw a minus sign for crude steel production in Italy. Volumes fell by an annual 15.1 percent in the eleventh month of 2022 to 1.854 million tons. The figure for the first eleven months of this year is 20.350 million tons, 11.2 percent less than last...
Nickel: Russian mining giant Nornickel plans to cut production by 10 percent next year
MMC Norilsk Nickel PJSC is considering reducing nickel production by about 10 percent next year as some European buyers shun Russian supplies and amid a potential surplus of the metal. The miner controls about one-tenth of the global nickel market and had forecast...
Steel and aluminum: Europe will impose duties on carbon-intensive products
Global metal production is already set to change in 2023. In fact, the European Council and the European Parliament recently reached a tentative agreement on the Carbon Border Adjustment Mechanism (CBAM). This mechanism would impose new tariffs on materials from...
Steel: import and export down in January-October 2022 period
Steel trade between Italy and non-EU countries in the period from January to October 2022 saw a decline in imports and exports, according to data released by Federacciai. In detail, Italy imported 9.601 million tons of steel from non-EU countries, or 1.8 percent less...