November 2023

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Through Metallic Miner British Metal not too long ago advised metal information sources of a £1.25 billion ($1.53 billion) challenge to switch its blast furnace operations with electrical arc furnaces. The corporate stated the objective was to assist slash present carbon emissions. “The proposals, that are topic to acceptable help from the UK Authorities, might

After watching a water valve cowl leap out of the Las Vegas Strip Circuit and into Carlos Sainz’s Ferrari, I known as up a few racetrack engineers to get their ideas on what could have occurred right here. Neither had data past what’s been reported publicly — the FIA has mentioned the concrete body across

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IT’S been a horrible yr for platinum group metals (PGM). Platinum and palladium costs, which comprise 70% to 80% of whole South African manufacturing, are down 9% and 48% over the past 12 months. After two years of bumper earnings and document dividends, miners of the metals are left considering manufacturing cuts, a few of

Assofermet, the affiliation representing Italian distributors of scrap, has issued a press launch concerning the market outlook for 2024 after the FT Mercati occasion sponsored by Assofermet itself. The main target of the occasion have been financial forecasts for the nationwide and worldwide metallic, metal and scrap markets. In line with the forecasts, subsequent 12

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On the eve of the inaugural Las Vegas Grand Prix, amongst questions in regards to the observe, the chilly, the timing and extra, one unknown stands out. It issues not solely to the drivers, executives and motorsports followers, however the sustainability of the occasion as a complete: Simply how badly will this grand prix paralyze

The unfold between hot-rolled coil (HRC) and prime scrap costs widened significantly this month, based on SMU’s most up-to-date pricing information. SMU’s common HRC worth jumped this week, whereas the typical worth for busheling scrap additionally rose in November, however by a slimmer margin. Our HRC worth stood at $940 per internet ton ($47 per cwt)

“With the U.S. experiencing a producing renaissance, this can be a nice day for Cassopolis, Michigan and for Hydro. This challenge is a key a part of our technique to double the manufacturing of our market main recycled merchandise and to deliver extra low-carbon aluminium to our American companions,” says President and CEO, Hilde Merete