Blog - Basic Metals

Nucor Predicts Lower Q4 Earnings Amid Steel Mill Slowdown

Dec 17, 2024

Nucor projects Q4 earnings to miss Wall Street expectations due to slower steel mill activity and lower average selling prices.

Swiss Parliament Intervenes to Support Ailing Steel Industry

Dec 16, 2024

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Switzerland breaks tradition by intervening in its steel sector's crisis, aiming to safeguard jobs and vital companies from the European manufacturing downturn.

Japanese Aluminium Buyers Agree to Increased Premium Pricing for Q1 Shipments

Dec 16, 2024

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Japanese aluminium importers face a 30% hike in premium pricing for Q1 2023 shipments, showcasing ongoing demand and market trends.

Rio Tinto's $2.5 Billion Investment in Argentina: A Major Boost for Lithium Production

Dec 13, 2024

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Rio Tinto is investing $2.5 billion in a new lithium mine in Argentina, supporting economic deregulation efforts and expanding its commodity portfolio amidst a global lithium price slowdown.

Macquarie Eyes Axiata's Telecom Unit in a $3.5 Billion Acquisition Bid

Dec 13, 2024

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Macquarie Asset Management is pursuing a $3.5 billion acquisition of Axiata's edotco, a telecom infrastructure unit managing 55,000 towers in Asia.

Vale Ventures Invests in Boston Startup to Decarbonize Heat Generation

Dec 12, 2024

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Vale Ventures invests in Electrified Thermal Solutions to support innovative decarbonization of industrial heat, advancing sustainable practices in industrial sectors like mining and steel production.

Global Copper Smelting Hits Unprecedented Levels in Recent Months

Dec 12, 2024

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Global copper smelting activity reached its highest point since February, driven by regions outside China, despite lower Chinese smelter activity.

Glencore Partners with Cyclic Materials for Copper Recycling

Dec 12, 2024

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Glencore enhances copper recycling capabilities through a new agreement with Cyclic Materials to supply recycled copper, crucial for electric vehicles and renewable energy demands.

Chilean Copper Production Set for 2025: A Detailed Outlook

Dec 12, 2024

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Chile projects significant copper production and trade dynamics by 2025, positioning itself as a key player in the global market.

Germany Experiences a Significant Decline in Sheet Piling Imports, Dropping to $138 Million in 2023

Dec 12, 2024

Sheet Piling imports peaked at 130K tons in 2018 but decreased in the following years. In 2023, the value of imports dropped to $138M.

EU-Mercosur Trade Deal Highlights Lithium's Strategic Role

Dec 10, 2024

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Uncover the significance of lithium in the EU-Mercosur trade agreement, a key step for Europe's green energy and economic advancement.

Challenges and Opportunities in China's Green Ferro-Alloys Transition

Dec 10, 2024

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Explore the transformation of China’s ferro-alloys sector towards sustainable practices, addressing energy challenges and export barriers.