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  • US to go ahead with modified Section 301 tariffs on Chinese steel, aluminum, critical minerals September 13, 2024
    The US has announced it will go ahead with Section 301 tariffs on a number of commodity imports from China, including steel, aluminum, lithium-ion batteries, graphite and other critical minerals, the Office of the United States Trade Representative said in a Sept. 13 statement. It said proposed modifications announced in May were largely adopted, with […]
  • Consumers remain hesitant to pay 'green' premium for recycled lithium: ICBR September 13, 2024
    Market participants remain hesitant to pay a premium for lithium salts of recycled origin, Claas Hoffend, AMG Lithium project manager for lithium salts, said during a panel discussion at the International Congress for Battery Recycling (ICBR) in Basel, Switzerland, on Sept. 12. "The key question is whether the customers – the carmakers – are willing […]
  • LME scrap, rebar volumes dip slightly on week; futures contracts enter slight contango September 13, 2024
    Volumes traded for scrap futures contracts on the London Metal Exchange, which settle on Platts assessment basis, dipped on the week despite a flurry of restocking as physical spot prices stabilized. After a period of upside in early September, spot prices for physical imports of premium heavy melting scrap 1/2 (80:20) stabilized as sources reported […]
  • UK steel industry calls for reduced electricity costs to match European competitors September 2, 2024
    The UK steel federation, UK Steel, published on Sept. 2 a report highlighting the sizable disparity in electricity prices between UK steelmakers and their European counterparts and called on the UK's new government to take the opportunity to reduce it and sustain the steel industry. The report reveals that UK producers pay up to 50% […]
  • Chile burnishes green credentials as copper, lithium demand booms August 29, 2024
    With the world's largest reserves of both copper and lithium, Chile sees itself playing a critical role in the global energy transition, attracting massive investment in mineral extraction and processing over the coming decades. Mining companies are expected to invest billions of dollars in Chile over the next decade to bolster production of both minerals […]
  • LME CFR Turkey scrap futures annual trading volume hits all-time high August 29, 2024
    Year-to-date trading of CFR Turkey scrap futures contracts on the London Metal Exchange reached an all-time annual high after reaching 8.32 million metric tons, accordig to the latest data to Aug. 28. The trading volume of LME CFR Turkey scrap futures for the year up to August totaled approximately 831,745 lots, or 8.32 MMt, and […]