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Alcoa: company generates revenue of $12.5 billion in 2022
Alcoa Corporation, last week released its results for the last quarter and full year 2022. High raw material and energy costs and low alumina and aluminium prices hit the company, but there was no shortage of positive points in the balance sheet. In the fourth...
Copper: Glencore mine in Peru suspends operations
Glencore's Antapaccay copper mine in Peru suspended operations on Friday after protesters attacked the site for the third time this month as social unrest continues in the South American nation. Protesters set fire to the camp's workers' area and began looting around...
The UK may announce an aid package to support the green transition of the steel sector
According to a BBC report, the UK government is considering announcing an aid package totalling £600 million to support the green transition of British Steel and Tata Steel UK steelmakers. The package aims to help the companies switch from coal-fired blast furnaces to...
HRC steel: Turkish exports fall by 34.8% in January-November
According to the Turkish Statistical Institute (TurkStat), Turkish hot-rolled coil exports amounted to 71,116 tonnes in November last year, down 34.8% on the month and 54% on the year. The value of these exports was recorded at $47.98 million, down 35.3% on the month...