Loading
HRC steel: European buyers question sustainability of current rebound
According to market sources, some European buyers on Dec. 14 expressed concern about the rebound in hot-rolled coil prices, which may not be sustainable after the end of stocks. The recovery in domestic coil prices began in early December as distributors returned to...
Aluminum: Chinese production increases in November due to easing of energy controls
China's primary aluminum production in November increased 9.4 percent year-on-year, thanks to the easing of energy restrictions that allowed some regions to increase production and the commissioning of new smelters. The world's top aluminum producer churned out 3.41...
Copper and cobalt: KoBold Metals will build a mine in Zambia
KoBold Metals, a start-up backed by a coalition of billionaires including Bill Gates and Jeff Bezos, has earmarked $150 million for the development of the Mingomba copper-cobalt mine in Zambia, arguably the world's largest undeveloped high-grade deposit of the red...
Aluminum: Australian giants support federal energy price cap law
Australian aluminum bigwigs have reportedly backed a federal plan to cap coal and gas prices to curb energy bills, arguing that energy-intensive industries are at risk if immediate relief on prices is not provided. The proposed cap is $12 per gigajoule, which gas...