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Crude steel: CISA daily production increased by 2.61% at the end of January
The China Iron and Steel Association (CISA) announced that the average daily crude steel production of all of the country's large and medium-sized CISA member companies stood at 1.99 million tonnes at the end of January this year (21-31 January), an increase of 2.61%...
Steel: US exports fell 15.1% in December
According to export data released by the US Department of Commerce, monthly US steel exports fell 15.1% in December from the 632,714 tonnes recorded in the previous month and 9.5% year-on-year to 537,108 tonnes. The value of these exports was $1.04 billion, down from...
Battery Materials: US to finance Redwood Materials with $2 billion
The US Department of Energy made a conditional commitment to Redwood Materials on Thursday for a low-cost $2 billion government loan to help build a $3.5 billion battery materials recycling and remanufacturing complex in Nevada. Energy Secretary Jennifer Granholm said...
Copper: exploration budgets increase
Total copper exploration budgets increased by 21% to just under USD 2.8 billion in 2022, the highest level since 2014. The increase was driven by the strong recovery in the price of copper after hitting multi-year lows at the start of the global pandemic. Copper...