CATL raises $9 billion to fund increased battery production
Chinese electric vehicle battery giant CATL has announced plans to raise Yuan 58.2 billion ($9…
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China’s power supply crunch seen hitting aluminum output, propping prices
China’s soaring electricity consumption and resulting power supply crunch is expected to curb primary aluminum…
China’s power supply crunch seen hitting aluminum output, propping prices Read More »
Novelis completes aluminum rolling, recycling expansion in Brazil
Novelis has completed a $150 million investment to expand, by 100,000 mt each, aluminum rolling…
Novelis completes aluminum rolling, recycling expansion in Brazil Read More »
‘Gray’ steel to become obsolete in EU once ‘green’ steel advances: Salzgitter CEO
“Gray” steel will eventually be obsolete in Europe as “green” steel gains competitiveness, Gunnar Groebler,…
‘Gray’ steel to become obsolete in EU once ‘green’ steel advances: Salzgitter CEO Read More »
Salzgitter restarting BF, sees HRC prices ‘sideways at high levels’ through 2021
German steelmaker Salzgitter expects European hot-rolled coil prices to continue “sideways at a high level”…
Salzgitter restarting BF, sees HRC prices ‘sideways at high levels’ through 2021 Read More »
Thyssenkrupp optimistic on talks with customers to raise long-term contract prices
German steelmaker Thyssenkrupp Steel Europe is optimistic about increasing prices under current longer-term contract negotiations…
Thyssenkrupp optimistic on talks with customers to raise long-term contract prices Read More »
FEATURE: Angola faces daunting task to boost output to 1.3 million b/d in coming years
The Angolan government is hoping to stabilize its oil production at 1.3 million b/d over…
FEATURE: Angola faces daunting task to boost output to 1.3 million b/d in coming years Read More »
Kardemir opens domestic rebar order book below $700/mt EXW
Turkish integrated long steel producer Kardemir, based in northern Turkey, opened its lira-denominated 12-32 mm…
Kardemir opens domestic rebar order book below $700/mt EXW Read More »
US producers hike wire rod prices by $30/st
Nucor plans to raise wire rod prices in the US, according to a letter sent…
US producers hike wire rod prices by $30/st Read More »
Thyssenkrupp says force majeure lifted for most of its steel sites affected by floods
Thyssenkrupp Steel Europe lifted its force majeure Aug. 6 after the easing of logistics problems…
Thyssenkrupp says force majeure lifted for most of its steel sites affected by floods Read More »