Relevant News

Germany invests $1.1bn to counter China on raw materials

The German government earmarked about €1 billion ($1.1 billion) for raw materials investments as it seeks to reduce dependency on producers such as China for critical minerals, according to people familiar with the plan.

Sunday, February 4, 2024

UK government disadvantages Tata Steel

The UK government is putting Tata Steel at a disadvantage compared with its European peers with the comparatively low level of funding it is providing to help the company decarbonise.

Thursday, February 1, 2024

EU Commission favours a 90-95pc emissions cut by 2040

The European Commission's "preferred option" for the EU's 2040 greenhouse gas (GHG) emissions reduction target is 90-95pc ¡ª from 1990 levels ¡ª according to a draft document.

Thursday, February 1, 2024

ArcelorMittal sells first low-carbon steel

The European Commission's "preferred option" for the EU's 2040 greenhouse gas (GHG) emissions reduction target is 90-95pc ¡ª from 1990 levels ¡ª according to a draft document.

Thursday, February 1, 2024

UK gov should give Tata Steel more funding: Unions

Trade unions want the UK government to commit more cash to Tata Steel, enabling it to invest more in decarbonising south Wales' Port Talbot plant.

Thursday, February 1, 2024

North American Stainless expanding in Carroll County, adding 70 new jobs

The largest stainless steel producer in the United States is in Carroll County, and it's getting even bigger thanks to a $244 million investment.

Thursday, February 1, 2024

Trafigura-backed nickel mine seeks new partner for bailout

A major nickel operation backed by Trafigura Group will need support from a new investor after the trading giant declined to contribute more funds as part of a French government rescue package for the struggling New Caledonian mining industry.

Thursday, February 1, 2024

AISI: US Raw Steel Production in the week ending on January 27, 2024

In the week ending on January 27, 2024, US domestic raw steel production was 1,680,000 net tons while the capability utilization rate was 75.6 percent.

Wednesday, January 31, 2024
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