Worldwide Industry News

Ukraine imposes sanctions against tycoon Firtash - decree

Fri, 25 Jun 2021 02:46:00 GMT
KYIV -Ukraine’s President Volodymyr Zelenskiy on Thursday signed a decree imposing sanctions on tycoon Dmytro Firtash, the presidential office said. The decree said sanctions included an ass...
Tags: TitaniumTitanium OreTitanium SpongeTitanium Dioxide

China launches probe into commodities amid surging prices

Fri, 25 Jun 2021 02:26:00 GMT
China's top economic planner and market regulator have launched a joint probe into supplies and prices of commodities as the country tries to stop rising prices and curb speculation. The Natio...
Tags: Aluminum

Russia prepares to hit metals firms with $2.3 bln in export taxes in Aug-Dec

Fri, 25 Jun 2021 02:24:00 GMT
Russia is preparing new export taxes for steel products, nickel, aluminum and copper which will cost their producers $2.3 billion between Aug. 1 and Dec. 31, its officials told a government meetin...
Tags: Aluminum

Removing steel safeguards leaves the industry at risk of collapse

Fri, 25 Jun 2021 02:23:00 GMT
British made steel is one of the pillars that built this great nation to what it is today, contributing £2 billion to the UK economy in 2020 alone. The British steel industry produces enough...
Tags: Steel

German economy minister: EU, U.S. can resolve differences over steel and aluminum tariffs by end of year

Fri, 25 Jun 2021 02:15:00 GMT
Germany’s economy minister said on Thursday his talks in Washington showed a window of opportunity to resolve differences and he expected the United States and European Union could resolve d...
Tags: Aluminum

Brazilian aluminum company CBA could raise $603.5 million in IPO

Fri, 25 Jun 2021 02:14:00 GMT
Aluminum group Companhia Brasileira de Aluminio has estimated a price range between 14 reais and 18 reais per share for its initial public offering, which it expects to price on July 13, according...
Tags: Aluminum

China Baowu and Brazil's Vale to invest in Indonesian nickel project

Fri, 25 Jun 2021 02:10:00 GMT
China Baowu Group, the world's top steelmaker, on Thursday said it would join forces with Brazilian miner Vale VALE3.SA and Shandong Xinhai Technology to make stainless steel raw material nick...
Tags: NickelNickel Ore

Indonesia drawing plans to restrict nickel pig iron, ferronickel smelters

Fri, 25 Jun 2021 02:08:00 GMT
Indonesia is considering a plan to restrict construction of smelters producing nickel pig iron or ferronickel in order to optimise use of its limited nickel ore reserves for higher-value products,...
Tags: NickelNickel OreFerro Nickel

Australia's Alcore eyes aluminium flouride for smelters

Fri, 25 Jun 2021 02:08:00 GMT
Australian aluminium technology firm Alcore is planning to produce aluminium fluoride for Australia and New Zealand's aluminium sectors, to cut the reliance on imports that mainly come from Ch...
Tags: Aluminum

NextSource initiates Madagascar graphite expansion study

Fri, 25 Jun 2021 02:05:00 GMT
A much-larger second phase development is on the cards for the Molo graphite mine, in Madagascar, Toronto-listed NextSource said on Thursday, as the company targets the burgeoning battery material...
Tags: Vanadium