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Steel: a summary of 2022
Steels started the year 2022 with great momentum, rising more than 12 percent between January and February. China's climate efforts have caused iron ore futures to fall, as the country's steel sector accounts for nearly 15 percent of all Chinese carbon emissions....
Closing industrial markets for holidays
The LME exchange will be closed on December 26, 27, 2022 and January 2, 2023. The Bloomberg Euro/Dollar Exchange (Bfix) will not be released on December 26, 2022 and January 2, 2023. The staff of Commodity Evolution wishes you a happy and peaceful Christmas and may...
Tantalum: Japan’s JX will produce the metal at Brazil’s Mibra mine
X Nippon Mining & Metals Corp, the metals unit of Japan's Eneos Holdings Inc, said it will join a project to produce tantalum, used in semiconductors, at Brazil's Mibra mine, marking its entry into the rare metals market. The joint venture between JX Nippon Mining...
Steel: Hungarian producer Dunaferr placed in receivership
The Hungarian integrated flat steel producer Dunaferr has gone into receivership, and the mayor of Dunaujvaros, the industrial town where the steel mill is located, has appealed to the national government to take it over. The court ordered the liquidation of Dunaferr...