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HRC steel: fundamentals still uncertain
Demand fundamentals for HRC steel still remain uncertain in the European market on 17 February, with buyers unwilling to commit to volumes in the face of an unnecessary price increase. One distributor made it clear that the perception of strong demand is likely due to...
Lithium: Mexican President Lopez Obrador orders ministry to intensify nationalisation
Mexican President Andres Manuel Lopez Obrador signed a decree on Saturday transferring responsibility for lithium reserves to the Ministry of Energy, after nationalising lithium deposits last April. During an event in Sonora, Lopez Obrador signed the decree ordering...
Coke coal: Turkish imports decrease by 2.2 % in 2022
According to data provided by the Turkish Statistical Institute (TurkStat), Turkish coking coal imports stood at 507,985 tonnes December last year, up 38.9% on the month and down 8.5% year-on-year. The value of these imports was $150.5m, up 63.5% on the month and down...
ArcelorMittal to receive European Commission funding for decarbonisation initiatives
The European Commission (EC) has announced that it has approved the funding application submitted by Luxembourg-based steel producer ArcelorMittal to support its decarbonisation efforts. The subsidiary ArcelorMittal España will receive €460 million in funding for its...