Steel: Acciaierie d’Italia shuts down blast furnace No. 2
Acciaierie d'Italia will shut down blast furnace No. 2 from 4 to 11 December, leaving only one blast furnace in operation. This is the first time in the company's history. The reason for the shutdown is that the raw material transfer belt has worn out and become...
Iron ore: India intends to change the sales price formula
India intends to change the formula for setting the average selling price of iron ore, a key raw material for steel production. After the Ministry of Mines pointed out that some iron ore miners have tried to keep the average selling price artificially lower in order...
Steel: Tangshan and Handan implement Level 2 emergency measures
The municipal authorities of Tangshan, in the Chinese province of Hebei, have decided to initiate a level II emergency action as of 8am on 3 December, with the aim of reducing pollution. The measure will remain in force until further notice. In the meantime, the...
Copper: First Quantum asks the government for clarity on the future of Cobre Panama workers
Following the publication in the Official Gazette on 2 December of the Supreme Court's ruling on the unconstitutionality of First Quantum Minerals' contract for its Cobre Panamá copper mine in the Central American country, the company issued a statement informing...
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