Global insight
First Quantum to shut down Ravensthorpe nickel mine
Canadian miner First Quantum Minerals (TSX: FM) has decided to shut down its Ravensthorpe nickel operation in Western Australia. |
EU adopts Net-Zero Industry Act
Members of the European Parliament (MEPs) have adopted Net-Zero Industry Act, which plans to allocate funds towards the production of net-zero technologies. |
Brazil increases import duty to 25%; quotas include HRC, CRC, HDG, Galvalume, tubes
“We would also surcharge steel mills that do not appear to be practicing dumping,” one source said. |
Initiation of an Anti-Dumping Duty Investigation of Graphite Electrodes Originating in the People’s Republic of China
Initiation of an Anti-Dumping Duty Investigation of Graphite Electrodes Originating in the People’s Republic of China |
Performance of Korean steel giants decreased in the first quarter
Korea's leading steel companies are going through a difficult period in the first quarter of this year. Leading names in the industry such as POSCO, Hyundai Steel and Dongkuk Steel experienced significant decreases in their performance. |
On April 29th, the APNI released INPI Index
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On April 29th, the APNI released INPI Index. |
Tata Steel to go ahead and build EAF at Port Talbot in UK with £1.25 billion investment
Indian steelmaker Tata Steel Limited will proceed with its £1.25 billion investment to build an electric arc furnace at Port Talbot in Wales, UK, replacing two blast furnaces, |
Indian government mulls consortium of state companies to build infrastructure in Mongolia to import coking coal
The Indian government is looking into the viability of forming a consortium of state-run coal mining, railway, infrastructure and engineering consultancy companies to undertake turnkey projects in Mongolia |
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