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AMAG Secures €75 Million From The EIB For Digital Innovation And Sustainability
Austria strengthens its position within the European industrial landscape through significant new financial backing. The country’s largest aluminium producer, AMAG Austria Metall, announced that it has secured a €75 million loan from the European Investment Bank (EIB)...
Imerys Suspends The British Lithium Project Awaiting New Market Conditions
The Imerys group announced that it has placed the Imerys British Lithium (IBL) project into care and maintenance, suspending active development for an indefinite period. The decision, announced on February 20, reflects capital allocation constraints and the need to...
SHFE Rises: Tin And Nickel Lead The Rally Amid Supply Concerns
Base metals prices on the Shanghai Futures Exchange (SHFE) recorded renewed upward momentum on the morning of Wednesday February 25, with tin leading the complex followed by nickel. At 10:30am Shanghai time, the most-traded contracts showed the following levels...
US Steel Production Rising: Output And Capacity Utilization Recover
Domestic raw steel production in the United States reached 1,817,000 net tons in the week ended Saturday February 21, with a capacity utilization rate of 78.5%, according to data released by the American Iron and Steel Institute (AISI). The figure confirms a positive...