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Hudbay Minerals will acquire Copper Mountain Mining in a $439m deal
Canadian mining company Hudbay Minerals Inc said on Thursday it will buy Copper Mountain Mining Corp in a $439m share deal to boost its copper portfolio. The Copper Mountain mine is located about 20km south of Princeton, British Columbia, and 300km east of the Port of...
Aluminium: scrap prices imported from India fall marginally due to limited trade
The price of aluminium scrap imported into India fell marginally, influenced by price movements on global commodity exchanges such as the London Metal Exchange (LME) and the Multi Commodity Exchange of India (MCX). These are known to impact both India's domestic and...
ArcelorMittal awaits €300 million government support
Luxembourg-based steel producer ArcelorMittal has applied for government funding for decarbonization plans at its plant in Duisburg, Germany. The project requires an investment of about 300 million euros. If the aforementioned funding request is successful, it will...
CRC steel: U.S. will continue to impose countervailing duty on products imported from South Korea
The U.S. Department of Commerce has announced the final results of the end-of-period review of the countervailing duty on CRCs imported from South Korea. The Department determined that the elimination of the countervailing duty applied to the product imported from the...