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Mozal Aluminium will increase production by 40,000 tonnes
Mozal Aluminium smelter, located in Mozambique, plans to increase primary aluminium production by 40,000 tonnes during the current fiscal year, which began in June. Mozal Aluminium's operation in the southern African nation is considered the country's largest...
EU ready to launch the first phase of the CO2 border tax
Next month, the European Union will launch the initial phase of its CO2 border tax plan, requiring importers to report the CO2 emissions of products sold in Europe, such as steel and cement, or risk financial penalties. The aim of the new regime is to prevent domestic...
HRC steel: European buyers continue to hold back from trading
Trading in the European hot rolled coil (HRC) market remained at a standstill as buyers focused on reducing inventories amid downward expectations. The HRC market in Northern Europe remained quiet, with distributors and steel service centres not interested in making...
Copper: Peru maintains second producer position but investment pipeline stalled
Peru is maintaining its place as the world's number 2 copper producer and supplier, with a rebound in mining activity that has helped the country stay ahead of rival Democratic Republic of Congo (DRC). The South American nation saw production of the red metal increase...