Two years ago, Indonesia instituted a ban on nickel ore exports. Now, it is contemplating banning exports of tin and copper ore, too. You want more MetalMiner on your terms. Sign up for weekly email updates here. Indonesia export bans prompt tin price surge Indonesian President Joko Widodo has been announcing from different forums that […]
US, Japan to initiate talks on Section 232 steel, aluminum tariffs
The United States and Japan have agreed to initiate talks regarding the former’s Section 232 tariffs on Japanese steel and aluminum imports, Reuters reported this week. According to a report by AP, Japan’s industry ministry said Japan’s Industry Minister Koichi Hagiuda and U.S. Commerce Secretary Gina Raimondo attended the meeting. However, a ministry official said […]
During COP26, Xi calls for ‘stronger actions’; India targets carbon neutrality by 2070
Two countries, two neighbors, two of the most populated countries in the world — China and India talked of their individual approaches to climate change at the COP26 summit in Glasgow, Scotland. The event was delayed by a year because of the COVID-19 pandemic. It comes six years after the landmark Paris accord, which 200 […]
Nippon Steel files lawsuits against Toyota, Baosteel alleging patent infringement
Nippon Steel Corp. this month filed lawsuits against Toyota Motor Corp. and Baoshan Iron and Steel, alleging “infringement of Nippon Steel’s patent relating to non-oriented electrical steel sheets.” The lawsuit is a rare clash between the former two companies, as Nippon is a major supplier to Toyota. Nippon is already grappling with rising raw material […]
China begins construction on massive wind and solar project
Amid a deepening energy crisis, China has begun construction on a massive wind and solar project in the desert. Each month, MetalMiner hosts a webinar on a specific metals topic. Explore the upcoming webinars and sign up for each on the MetalMiner Events page. China announces plans for renewable energy project President Xi Jinping said […]
Rising raw material prices push Indian steel prices up
Steel prices in India have nearly doubled over the last year, reflective of rising steel prices across the globe. But for India, several factors such as a steep rise in the prices of raw material like iron ore — and of late, coking coal — have contributed to the steep hike. Due to China’s decision […]
Report: Southeast Asia needs $2T in sustainable infrastructure investments
Investing $2 trillion over the next decade in sustainable infrastructure can greatly reduce Southeast Asia’s greenhouse gas emissions, according to a new report from Bain & Company, Microsoft and Singapore’s Temasek Holdings. We’re offering timely emails with exclusive analyst commentary and some best practice advice. Sign up here. Southeast Asia infrastructure needs The report, titled […]
Iron ore prices plunge as China curbs steel sector output
Chinese moves to clean up their heavy-polluting industrial sector has triggered a swift collapse in iron ore prices for the first time since July 2020. Prices last Friday and Monday dipped below the $100 per ton mark. According to a draft guideline released on Thursday, the Ministry of Ecology and Environment intends to monitor 64 […]
ArcelorMittal to invest $800M for massive expansion project in Liberia
ArcelorMittal and Liberian President George Weah have announced a 25-year commitment to stay in Liberia. Through the deal, the steelmaker will triple its iron ore production in the country and invest an additional $800 million. The steelmaker said it has invested $1.7 billion in the country over the last 15 years. Cut-to-length adders. Width and […]
China-Australia iron ore trade surges ahead despite tensions
Diplomatic relations between China and Australia have been strained over the past year. However, that does not seem to have affected trade between the two nations. Stay up to date on MetalMiner with weekly updates – without the sales pitch. Sign up now. China-Australia trade After posting record exports in May and June 2021, Australia […]