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Baosteel raises prices for the month of January
Chinese company Baoshan Iron & Steel (Baosteel) has increased its new prices for January. Prices for main products, such as hot-rolled steel and cold-rolled steel, were increased by CNY200/mt and CNY150/mt, respectively. The base prices of heavy plate, hot-rolled...
Magnesium: Chinese prices fall to six-month lows as economic slump hits demand
In the week of Dec. 9, Chinese magnesium prices fell below the key threshold of 3,096 euro/ton, hitting a six-month low, due to the economic slowdown that has weighed on both local and global demand, leading to oversupply in the Chinese domestic market. Smelters in...
Carbon emissions: Ithe European Parliament has reached a tentative agreement with the EU Council
The European Parliament reached a provisional agreement with the EU Council early Dec. 13 on the border carbon adjustment mechanism, extending the scope of the European Commission's original proposal to hydrogen, indirect emissions and some downstream products. The...
Lithium: Albemarle to build $180 million research center in U.S.
Albemarle, the world's leading lithium supplier, will invest at least $180 million to build a new technology park in the U.S. state of North Carolina, where it plans to advance research on lithium and other products. The company expects that innovations at the new...