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Recycling: exclusion of shredder wear parts will expire at the end of the year
The Institute of Scrap Recycling Industries (ISRI), the Washington-based association representing the recycling industry, has issued an alert to its members that Section 301 tariff exclusions, including the shredder wear parts exclusion, will expire at the end of the...
Steel: India wants to include the metal in export incentive program
India's Ministry of Commerce has sought to extend an export promotion program to refund some local taxes to domestic steel producers. The Duty and Tax Remission on Export Products Program (RoDTEP) offers exporters refunds for various taxes embedded in sectors such as...
Copper and gold: Newcrest approves $140 million expansion for Telfer
Newcrest Mining, Australia's largest gold producer, has approved a A$214 million (about US$140 million) expansion of its Telfer gold-copper operations, which include the Main Dome and West Dome open pit and underground mines. The company said the West Dome phase 8...
Steel: Brazilian producer Gerdau suffers drop in net income
Brazilian steel producer Gerdau SA reported Wednesday that its quarterly adjusted net profit fell by about a third year-on-year, due to falling global steel prices and rising input costs. Net income reached 3.02 billion reais ($587.09 million), down 33.7 percent from...