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Steel: Ukrainian Zaporizhstal’s production increased in 2023
Zaporizhstal, a subsidiary of Ukrainian steel producer Metinvest, announced production results for December and the whole of last year. In December, the company's production of pig iron, crude steel and finished steel increased by 87.1%, 223.1% and 257.9% year-on-year...
Alumina: Chinese market hits record highs in early 2024 amid concerns over bauxite supply
The alumina market in China has seen a significant rise ahead of the year 2024, with alumina prices reaching new highs since the previous year. According to the latest data, the average spot price of alumina in China rose to RMB 3,154 per metric tonne on Tuesday 2...
Aluminium: Alba’s production for 2023 sets a new high at 1.62 million tonnes
Aluminium Bahrain B.S.C. (Alba), one of the world's largest smelters, set a new record by producing 1,620,665 tonnes of aluminium in 2023. The output recorded an annual increase of 20,554 tonnes, or 1.3 per cent, compared to 1,600,111 tonnes in 2022, when the Middle...
The UK will impose a carbon tax on steel and aluminium production
The Treasury recently announced that the UK intends to impose a carbon tax on certain metals and natural resources imported into the country by 2027. According to the 19 December announcement, steel, aluminium and iron ore will be subject to the tax. This tax is...