Global insight
US Scrap Trends Outlook: July
North American steel scrap prices could face their third consecutive month of decline across all grades in July as traditional summer production slowdowns hinder demand. |
AISI: US Raw Steel Production in the week ending on July 1, 2023
Broken down by districts, here’s production for the week ending July 1, 2023 in thousands of net tons: North East: 137; Great Lakes: 563; Midwest: 215; Southern: 758 and Western: 67 for a total of 1740. |
Toro Energy digs horns deeper into Dusty Nickel Project in WA
Toro Energy digs horns deeper into Dusty Nickel Project in WA |
Glencore offers to buy rest of PolyMet for $71m
Mining and commodities giant Glencore (LON: GLEN) has offered PolyMet Mining (NYSE: PLM) (TSX: POM) to buy the company’s shares it does not already own for $2.11 in cash each, or about $71 million. |
Tata Steel's NINL plant reaches 100% capacity utilisation within 1 year of acquisition
Tata Steel's NINL plant reaches 100% capacity utilisation within 1 year of acquisition |
Exports in May 2023: -0.1% on April 2023
Exports in May 2023: -0.1% on April 2023 |
Nickel prices to weaken on market surplus: Australian government
Nickel supply surplus over the next two years will keep nickel prices lower, according to the Australian government’s latest Resources and Energy quarterly report. The LME nickel price, which is forecast to average about USD23,000/mt in 2023, respectively USD... |
$49 Million Government Grant Agreement Executed
$49 Million Government Grant Agreement Executed |
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