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EUROFER accepts Exposure of EUR 6.5 Million Duty Fraud
Eurofer said on Wednesday it welcomed the discovery by EU anti-fraud authorities of a scheme to evade €6.5 million in duties on steel imports from China. Last month, the European Union renewed anti-dumping duties from 65.1 per cent to 73.7 per cent on Chinese imports...
Nickel: DMCI Mining will double production
The mining arm of conglomerate DMCI Holdings plans to double nickel ore production and improve shipment volumes this year, after receiving government approval to increase stockpiles at its Zambales mine. DMCI Mining Corp. aims to ship 1.5 million tonnes (WMT) of...
Alumina: China relies on overseas projects to unlock bauxite deposits
China's growing dependence on bauxite, a raw material used in the production of alumina, has prompted the world's leading mining producer to tap alumina refineries globally, with a focus on Indonesia, a key supplier, after the export ban. According to analysts,...
Crude steel: ArcelorMittal Kryvyi Rih stopped production due to the Kakhovka dam explosion
ArcelorMittal Kryvyi Rih, Ukraine's largest steel producer, has temporarily shut down some of its plants due to the consequences of the explosion of the dam at the Nova Kakhovka power plant by Russian troops. The massive flooding that affected a large area of southern...