EU metals industry urges aid to rival US green energy package

Mining News Pro - Top metal producers called on the European Union to follow the White House’s lead in rolling out financial support to help the bloc keep control of raw materials critical to the green-energy transition.

Codelco produced less copper in 2022

Mining News Pro - Chile’s state-run Codelco, the world’s largest copper producer, produced 172,000 fewer tonnes of copper in 2022, Chairman Maximo Pacheco said on Tuesday, marking a roughly 10% drop from output in 2021.

Congo president demands more from $6.2 billion China metals deal

Mining News Pro - Democratic Republic of Congo President Felix Tshisekedi criticized a $6.2 billion minerals-for-infrastructure contract with China, saying the world’s largest producer of a key battery metal hasn’t benefited from the deal.

China’s metal factories cut production on poor outlook

Mining News Pro - Shrinking orders at home and abroad are forcing many metal goods factories in China’s southern Guangdong province to shut for the Lunar New Year holiday weeks earlier than usual, while some are also cutting production plans next year, producers said.

First Quantum starts arbitration against Panama

Mining News Pro - First Quantum Minerals and its subsidiary Minera Panama started arbitration processes against Panama, the country’s ministry of commerce and industry said on Saturday, as the two sides have been locked in a disagreement over payments and mine operations.

India imposes anti-dumping duty on stainless steel tube imports from China

Mining News Pro - India has imposed an anti-dumping duty on stainless steel seamless tubes and pipe imports from China for five years to remove "injury" to the domestic industry, according to a government notification.

Economic and social impact of the steel industry

Mining News Pro - Steel plays a vital role in the modern world. In addition to being one of the most important materials for building and infrastructure, steel is the enabler of a wide range of manufacturing activities. It also creates opportunities for innovative solutions in other sectors and is indispensable in research and development projects around the world.

Steel construction market

Mining News Pro - At the end of 2022, steel prices and the cost of logistics have significantly decreased, which should contribute to demand

US steel market expects no impact from new rules against Section 232 tariffs

Mining News Pro - The US steel industry has mostly dismissed the recent World Trade Organization ruling against Section 232 tariffs on steel and aluminium imports and does not expect it to have much, if any, impact on the market

India antitrust agency raids steel firms for alleged price collusion

Mining News Pro - India's antitrust watchdog is raiding offices of small-scale steel companies for alleged price collusion of steel products used in construction, two sources with direct knowledge told Reuters.

US Scrap Trends Outlook

Mining News Pro - Monthly US steel scrap price outlook helps you to make sense of critical indicators impacting price movements, allowing you to forecast scrap prices one month ahead.

ِDecarbonization Story

Is decarbonization Europe's impossible dream?

Mining News Pro - Swedish steel is considered the world’s toughest. It may soon become its greenest. In Boden, a town near the Arctic Circle, a startup called h2 Green Steel (h2gs) is erecting a €4bn ($4bn) new mill, Europe’s first in nearly half a century.

Explaining the Global Chip Shortage

Why The Chips Are Down

Mining News Pro - The supply chain bottlenecks we're experiencing across the globe start with components. Rather, they start with component shortages. Of all the component shortages, by far the most severe is for certain semiconductors, or chips.

Say hello to $150 iron ore

China’s reopening could propel iron ore to $US150

Mining News Pro -The gradual reopening of China’s economy through looser COVID-19 restrictions could propel iron ore prices as high as $US150 a tonne by June next year, predicts broker Citi.

Steel industry facts

Material and energy flows of the iron and steel industry

Mining News Pro - Integrated analysis and optimization of material and energy flows in the iron and steel industry have drawn considerable interest from steelmakers, energy engineers, policymakers, financial firms, and academic researchers.

Energy crisis revives coal demand and production

Mining News Pro -High natural gas prices and global competition for the fuel have driven more demand for thermal coal for power generation this year as countries try to wean themselves off Russian energy supplies and seek relatively cheaper alternatives.

Ebrahimi:

Khuzestan Steel Production Will Increase to 13.6 Million Tons

Mining News Pro - The CEO of Khuzestan Steel Company informed about the plans made to reach the production level of 13 million and 600 thousand tons in the horizon of 1410.

Zimbabwe wants half of royalties paid in gems

Mining News Pro - Zimbabwe wants gold, diamond and platinum miners to pay half of their royalties to the government in the commodities themselves and the rest in cash, as the southern African country seeks to build its mineral reserves.

Escondida mine conflict unresolved

Mining News Pro - A dispute between workers and Chile’s Escondida mine, the largest copper deposit in the world, remained unresolved on Tuesday as regulators reviewed the site following safety complaints, the union said.

Chilean think-tank says Codelco pays more taxes but extracts less copper than private companies

Mining News Pro - A recent report by Chile’s Center for National Studies of Alternative Development (CENDA) shows that, between June 2021 and June 2022, Codelco was responsible for 30% of the country’s annual copper production and contributed 7.6% of the mining tax revenue while private companies extracted 70% of the copper and contributed 5% of tax revenues.

Glencore faces Australian challenge over net-zero strategy

Mining News Pro - Environmental lawyers ClientEarth said on Thursday they were supporting a complaint filed in Australia against Glencore alleging the miner and trader could be misleading investors and the public over its climate strategy.

Increasing demand for US coal pushes workforce numbers up in Q2’22

Mining News Pro - Total US coal production rose in the second quarter of 2022 compared to a year earlier, and a sustained rise in demand for the fuel used in domestic and power generation allowed companies to increase their worker head counts, S&P Global Market Intelligence reports.

Competitive future awaits Mobarakeh Steel Company

Mining News Pro - Chief executive of MSC mentioned that the steel market is in an extraordinary situation and the price of steel products has decreased, although the war between Russia and Ukraine was a cause for this.

Tesla’s battery metals bill balloons to $100 billion

Mining News Pro - Elon Musk had plenty of advice for the mining and metals industry at the company’s Battery Day event in September 2020, where the road map to a $25,000 Tesla was laid out.

Mexico creates state-run lithium company

Mining News Pro - Mexico, which nationalized lithium resources in April, has created a state-run company to mine the metal, President Andres Manuel Lopez Obrador said in a decree issued in the national gazette Tuesday afternoon.

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