WASHINGTON — Chinese imports of steel trailer wheels, 12 to 16.5 inches in diameter, are causing material injury to U.S. steel trailer wheel makers, the U.S. International Trade Commission has determined. The ITC voted 5-0 Aug. 2 to make its final affirmative determination in the case, which began in August 2018 with petitions for relief…
An overview of the noble alloys markets and their latest price moves. Source of information
Reuters, citing four Source of information
The European Commission recently completed its review of the safeguard measures, which were introduced to prevent the redirection of material previously destined for the United States. The Commission has recommended changes, to the list of products from developing nations, that are currently excluded from the quota system. It has made the proposed amendments based on…
The funding is part of Britain's efforts to meet its target to reach net zero greenhouse gas emissions by 2050 to help curb rising global temperatures. LONDON – Britain announced 390 million pounds ($480 million) of spending for low carbon technology on Thursday, most of which will go to the steel industry in a fund…
Physical iron ore prices rose on Friday August 30 on news that China was willing to proceed with negotiations to resolve its trade war with the United States. Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $84.66 per tonne, up by $3.19 per tonne. 62% Fe Pilbara Blend Fines, cfr Qingdao: $85.04 per tonne,…
National Company Law Tribunal on August 28 cleared the sale of IL&FS’s seven wind energy assets to Japan’s Orix Corporation for INR 4,800 crore, which will partially help reduce its debt burden of over INR 99,000 crore. The tribunal comprising of VP Singh and Rajesh Sharma allowed the government-appointed board’s plea to approve sale of…
* Dalian, Singapore iron ore up more than 2% * Dalian iron ore slumps more than 20% in August * Coking coal prices to rebound in 2020 – Fitch Iron ore futures in China climbed on Friday, buoyed as some restocking demand for the steelmaking material emerged, but were on track for their first monthly…
