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Codelco will acquire Lithium Power for USD 245 million
Chile's state-owned copper mine Codelco, the world's largest copper producer, has reached an agreement with Lithium Power International to buy the Australian battery metal producer for 385 million Australian dollars ($245 million). The agreement reached by the...
Yamada signs strategic agreement with Martinrea to strengthen production of aluminium components for EVs in Japan
Martinrea International Inc. announced the signing of a strategic partnership with Yamada Manufacturing Co., Ltd., a renowned manufacturer of chassis, transmission units and drivetrain components based in Gunma, Japan. This partnership will undoubtedly strengthen...
HRC steel: European market remains quiet in the absence of
Hot-rolled (HRC) steel coil prices in Europe remained largely unchanged on Tuesday, 17 October, but some producers are considering raising prices despite weakening demand, citing high costs. Distributors and steel service centres (SSCs) in Northern Europe have adopted...
Crude steel: production in Italy increased by 4.4% year-on-year in September
According to data released by the Italian Steel Producers Association, total crude steel production increased by 4.4% year-on-year to 1.96 million tonnes in September this year. In the first nine months of the year, on the other hand, total crude steel production fell...