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Copper: Chinese smelters are divided on finalising TC/RCs for 2024
An agreement between Chinese copper smelters and the Chilean miner Antofagasta, which could define the minimum price of copper concentrate in 2024, is stalling due to conflicting opinions and a wide gap between supply and demand. The first annual agreement between...
Steel: British Steel has a £1.25 billion plan to reduce emissions with electric arc furnaces
British Steel recently announced a £1.25 billion ($1.53 billion) plan to replace its blast furnaces with electric arc furnaces. The company said the aim is to help reduce current carbon emissions. The proposals, which are subject to appropriate support from the UK...
Steel: Ukrainian exports of semi-finished products fall in October
According to official data released by the Customs Service, Ukraine's sales of semi-finished products by local producers to foreign markets fell in October this year. Producers' profits also declined due to weakening global steel prices. The Ukrainian steel sector is...
CBAM: Japanese industry expresses apprehension about implications of EU measures
During a recent meeting between the European Commission and Japanese industry representatives to discuss the EU's Carbon Border Adjustment Measures (CBAM) for steel and aluminium, the Japan Iron and Steel Federation (JISF) highlighted the industry's concerns. The...