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Automotive sector: the United Auto Workers strike intensifies
With the intensification of the United Auto Workers (UAW) strike, stagnating negotiations, and increasing layoffs nationwide, the industry is facing severe downward pressure in the near future. Mass lay-offs by Stellantis and other manufacturers Jeep manufacturer...
Lithium: India sets mining royalties at 3% of LME prices
India on Wednesday set mining royalties for three critical minerals, including lithium, critical to its green energy ambitions. Royalties for lithium mining by mining companies will be set at 3% of prevailing prices on the London Metal Exchange (LME). India is...
Steel: chinese production falls at the end of September, but markets remain cautious about actual levels
China's daily production of pig iron and crude steel for 21-30 September fell by 4.3% and 3.1% from 11-20 September to 2.335 million tonnes and 2.692 million tonnes respectively, according to data from the China Iron & Steel Association. However, several market...
RINA presents an all-hydrogen steel production project
Italian engineering consultancy, research and development, inspection and certification company RINA unveiled the "Hydra" project, a pilot plant for hydrogen steel production. The plant, funded by the European Commission and the Italian government, will be able to...