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Wed, 18 Sep 2024 17:08:06

China’s EV market is offering a tentative challenge to the shift toward batteries with no nickel or cobalt.

Wed, 18 Sep 2024 16:44:11

The effort is focused on selling black mass, made by recycling dead lithium-ion batteries, to Electra’s proposed refinery in northern Ontario.

Wed, 18 Sep 2024 15:20:13

The German government is launching a $1.1 billion fund for investment in raw materials.

Wed, 18 Sep 2024 13:59:03

Plans for two new nickel trading platforms to challenge the LME have been blown off course by BHP's planned suspension of its plants in Western Australia.

Wed, 18 Sep 2024 13:50:31

Indonesia has rich deposits of tin, copper and bauxite, among others, and is the world's largest source of nickel ore.

Tue, 17 Sep 2024 16:57:03

The PEA gives the underground mine a base case post-tax net present value (at an 8% discount) of C$194.1 million.

Tue, 17 Sep 2024 14:55:38

With so much metal washing around the globe, who's going to miss Russian supply?

Thu, 19 Sep 2024 06:00:20

An interview with Lucas Hoppe, Meltio, about industrialising metal Additive Manufacturing using wire-laser metal 3D printer Meltio M600

Wed, 18 Sep 2024 03:03:42

The Nuclear Safety and Security Commission (NSSC) has granted Korea Hydro & Nuclear Power (KHNP) a construction permit for two new 1.4 GW pressurised water nuclear reactors on Uljin, on South Korea’s east coast. The Shin-Hanul 3 and 4 reactors are the first nuclear reactors having secured a construction permit since 2016 when authorities gave […]

Wed, 18 Sep 2024 03:00:50

Shanxi Taigang Stainless Steel Co., Ltd. (STSS) successfully applied for a patent for the preparation method of radial forging-used stainless steel ingots and the technique for forged stainless steel profiles, under CN118635455A. The technique of adopting reasonable steel ingot specifications and casting processes, and controlling steel ingot heating and forging process parameters can significantly improve […]

Wed, 18 Sep 2024 02:51:05

Singapore will start construction of a new mega terminal at Changi Airport in the first half of next year, aiming to lift the aviation hub’s annual passenger handling capacity by more than half, Prime Minister Lawrence Wong said. The new Terminal 5 would add capacity for another 50 million passengers a year when operational in […]

Wed, 18 Sep 2024 02:35:00

SK Earthon, SK Innovation’s subsidiary for petroleum exploration and production, has signed a Production Sharing Contract (PSC) with PETRONAS, through Malaysia Petroleum Management (MPM) for the Ketapu Cluster, located off the coast of Sarawak, offshore Malaysia. SK Earthon was selected as the winning bidder for the Ketapu Cluster through Malaysia Bid Round (MBR+) Round 1, […]

Wed, 18 Sep 2024 02:31:44

A South Korean wind turbine manufacturer is planning to build a USD 200M wind power equipment factory in an industrial zone in Long An Province. CS Wind recently signed a memorandum of understanding with Đồng Tâm Group for a land lease of 50ha in the province’s Đông Nam Á Industrial Zone to develop the factory, […]

Wed, 18 Sep 2024 02:23:47

Russian gas giant Gazprom has moved forward with its plans to expedite the construction of a connecting pipeline between its Sila Sibiri 1 and Sakhalin-Khabarovsk-Vladivostok networks, aiming to meet its contractual obligations to supply China with 10 billion cubic meters of gas annually. The decision follows significant delays in the subsea gas production infrastructure delivery […]

Fri, 23 Aug 2024 12:38:00

Worldsteel reported crude steel production in China at 82.9 million metric tonnes in July, 9.0% lower than in July, 2023. Chinese production in the first seven months of 2024 was 3.6% lower than in the same period last year. China’s General Administration of Customs reports net finished steel exports (exports minus imports) in July at […]

The post China crude steel production -9.0% on July, 2023 and -3.6% in the first seven months of 2024 appeared first on Nerds of Steel - The Steel Industry Blog.

Thu, 22 Aug 2024 13:15:00

Worldsteel published July, 2024 world crude steel production today. World crude steel output in July was 152.8 million metric tonnes, 4.7% lower than in July, 2023. China produced 82.9 million tonnes in July, accounting for 54% of world output and falling 9.0% compared to July, 2023. Asia and Oceania output outside of China, which now […]

The post World crude steel production declines 4.7% on July, 2023 following a 9.0% drop in China appeared first on Nerds of Steel - The Steel Industry Blog.

Tue, 20 Aug 2024 12:28:07

Based on reported import licenses, US long products imports fell 10% from 359,000 short ton in July, 2023, to 321,000 tons in July, 2024. The decline was mainly due to lower rebar imports from Egypt, Algeria, Mexico and Spain. Wire rod imports rose, however, following higher volumes from Algeria. US long products imports in the […]

The post US long products imports drop 10% on July, 2023, down 1% on first 7 months of 2023 appeared first on Nerds of Steel - The Steel Industry Blog.

Fri, 09 Aug 2024 13:21:10

Based on reported import licenses, US flat products imports rose 16% from 652,000 short tons in July, 2023 to 753,000 tons in July, 2024. The increase was mainly due to higher hot dip galvanized imports from a number of countries including Brazil, South Korea, and Vietnam. US flat products imports in the first seven months […]

The post US flat products imports rise 16% on July 2024 and 16% on first 7 months of 2023 appeared first on Nerds of Steel - The Steel Industry Blog.

Wed, 24 Jul 2024 12:15:00

Worldsteel reported crude steel production in China at 91.6 million metric tonnes in June, 0.2% higher than in June, 2023. Chinese production in the first six months of 2024 was 2.7% lower than in the same period last year. China’s General Administration of Customs reports net finished steel exports (exports minus imports) in June at […]

The post China crude steel production +0.2% on June, 2023 but -2.7% on H1 2023 appeared first on Nerds of Steel - The Steel Industry Blog.

Tue, 23 Jul 2024 16:02:47

Worldsteel published June, 2024 world crude steel production today. World crude steel output in June was 161.4 million metric tonnes, 0.5% higher than in June, 2023. China produced 91.6 million metric tonnes in June, accounting for 57% of world output and rising 0.2% compared to June, 2023. Asian output outside of China, which now accounts […]

The post World crude steel production rises 0.5% on June, 2023 and 0.6% on first half-year 2023 appeared first on Nerds of Steel - The Steel Industry Blog.

Wed, 17 Jul 2024 14:01:14

Based on reported import licenses, US long products imports fell 29% from 401,000 short tons in June, 2023 to 286,000 tons in June, 2024. The decline was mainly due to lower rebar imports from Algeria, Egypt, Turkey and Mexico. In contrast, parallel flange sections imports rose significantly from Spain and the United Arab Emirates. US […]

The post US long products imports down 29% on June, 2023, up 4% on H1 2023 appeared first on Nerds of Steel - The Steel Industry Blog.

Wed, 18 Sep 2024 10:13:00

Tue, 17 Sep 2024 13:19:00

Mon, 16 Sep 2024 13:48:00

Fri, 13 Sep 2024 13:57:00

Tue, 10 Sep 2024 19:46:00

Mon, 09 Sep 2024 16:00:00

Mon, 09 Sep 2024 10:03:00

Thu, 19 Sep 2024 04:48:04

Thu, 19 Sep 2024 01:24:04

Wed, 18 Sep 2024 14:14:09

Wed, 18 Sep 2024 04:42:05

Wed, 18 Sep 2024 01:46:04

Tue, 17 Sep 2024 13:12:06

Tue, 17 Sep 2024 12:32:04

Wed, 18 Sep 2024 21:00:59

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell on Wednesday as the capesize segment hit its lowest in three weeks. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, dropped 11 points, or 0.6%, to 1,890. The capesize index dipped 66 ...

Wed, 18 Sep 2024 21:00:58

The special focus this week is on the monthly quantity of soybeans and corn exported to China, comparing the current year’s shipments to the growth trends seen in the previous two years. Brazil continues to surpass the U.S. in terms of monthly shipments sent to China, maintaining a dominant position. However, both countries experienced a ...

Wed, 18 Sep 2024 21:00:57

“Between January and August 2024, the number of recycled ships has dropped 42% y/y, the second lowest level in 16 years. The market has seen high freight rates and strong demand, delaying the recycling of older ships. On the supply side, the fleet has continued to grow slowly, limiting fleet renewal,” says Filipe Gouveia, Shipping Analyst ...

Wed, 18 Sep 2024 21:00:55

Spot premiums for very low sulphur fuel oil (VLSFO) eased on Wednesday, while the market eyed higher October supplies offered by Southeast Asian refiners. Benchmarks for low sulphur and high sulphur fuel oil (HSFO) have shown signs of easing in recent sessions due to expectations of supply recovery into the fourth quarter. Cash premium for ...

Wed, 18 Sep 2024 21:00:53

The upcoming 16th ministerial conference of UN Trade and Development (UNCTAD) will give new momentum to power the economic transformations urgently needed in a changing world. The 16th quadrennial conference of UN Trade and Development (UNCTAD), or UNCTAD16, is set to take place in late 2025, themed “Shaping the future: Driving sustainable economic transformation for ...

Wed, 18 Sep 2024 21:00:51

Mitsui O.S.K. Lines, Ltd. has joined the Ammonia STS trial which was led and successfully completed by the Global Centre for Maritime Decarbonisation (GCMD). In the absence of ammonia bunkering infrastructure, STS transfers offer the closest proxy to bunkering operations when it replicates the essential steps involved. With this objective in mind, the trial was ...

Wed, 18 Sep 2024 21:00:50

The PALFINGER MARINE developed Slipway Systems are proven means of launching and recovering boats at sea, eliminating the use of any mechanical connection such as lifting solutions or hooks during operations. This minimizes the need for manual assistance and thus also the risk for potentially critical situations during launch and recovery operations. A Reliable Partner ...

Tue, 23 Apr 2024 08:11:02

ICICI Securities is bullish on HDFC Bank has recommended buy rating on the stock with a target price of Rs 1,850 in its research report dated April 21, 2024.

Tue, 23 Apr 2024 08:06:47

Emkay Global Financial is bullish on Tejas Networks has recommended buy rating on the stock with a target price of Rs 1100 in its research report dated April 23, 2024.

Tue, 23 Apr 2024 08:06:44

Emkay Global Financial is bullish on Bajaj Finance has recommended buy rating on the stock with a target price of Rs 9000 in its research report dated April 23, 2024.

Tue, 23 Apr 2024 08:06:44

Emkay Global Financial is bullish on Bajaj Finance has recommended buy rating on the stock with a target price of Rs 9000 in its research report dated April 23, 2024.

Tue, 23 Apr 2024 07:56:31

Emkay Global Financial recommended reduce rating on Persistent Systems with a target price of Rs 3700 in its research report dated April 22, 2024.

Tue, 23 Apr 2024 07:52:33

Emkay Global Financial recommended reduce rating on Aditya Birla Fashion and Retail with a target price of Rs 230 in its research report dated April 23, 2024.

Tue, 23 Apr 2024 06:52:08

ICICI Securities is bullish on Wipro has recommended buy rating on the stock with a target price of Rs 410 in its research report dated April 21, 2024.

Thu, 19 Sep 2024 03:42:53

The Income Tax Appellate Tribunal has quashed a tax demand of around ₹21,000 crore against Noida Toll Bridge Company Limited. The tax claims spanned nine financial years and included alleged unpaid taxes and penalties. NTBCL operates the Delhi-Noida-Delhi flyover and contested the claims, questioning the jurisdiction of reassessment notices.

Wed, 18 Sep 2024 14:32:17

Tupperware Brands has filed for bankruptcy protection after years of declining demand and financial losses. The company, known for its iconic food storage containers, struggled with competition and rising costs. Despite a brief resurgence during the pandemic, Tupperware could not sustain profitability and now seeks to restructure under bankruptcy proceedings.

Wed, 18 Sep 2024 11:21:31

Reliance Infrastructure Ltd, controlled by Anil Ambani, has significantly reduced its debt from Rs 3831 crore to Rs 475 crore after settling dues with multiple creditors. The company cleared outstanding amounts with Invent Assets Securitisation and Reconstruction, LIC, Edelweiss Asset Reconstruction Company Limited, ICICI Bank, Union Bank, and other lenders.

Wed, 18 Sep 2024 09:21:30

Coal India is exploring critical minerals in Argentina and is in discussions with Chile for lithium, according to India's federal mines secretary. The move aims to secure supplies of lithium, essential for electric vehicle batteries. India has listed 30 minerals as critical for clean energy adoption and is pursuing overseas pacts to secure these resources.

Wed, 18 Sep 2024 08:40:41

The centre will soon auction ten offshore mineral blocks to expand raw material sources for key industries like construction. Secretary of the Ministry of Mines, V L Kanta Rao, announced this at the FIMI AGM. The Geological Survey of India has identified areas for sand, lime mud, and polymetallic nodules extraction.

Wed, 18 Sep 2024 07:17:01

Hindustan Zinc Ltd (HZL) has revisited its restructuring plan, now proposing to split into two verticals instead of three. This comes after discussions with the government, which holds a 29.54% stake in the company. The restructuring aims to create asset-based entities, separating mines and smelters.

Wed, 18 Sep 2024 06:19:53

India is in talks to address rising steel imports, according to Steel Minister H.D. Kumaraswamy. The country, a major crude steel producer, has been a net importer of steel recently, with China as the top exporter. Local steel prices have dropped significantly due to higher imports.

Thu, 19 Sep 2024 06:55:05

HSBC's new target price for ONGC reflects a projected downside of 21.9% from the price at which it was trading on Sept. 17.

Thu, 19 Sep 2024 06:52:42

Despite strong share-price performance since listing on Aug. 13, current valuations of Firstcry indicate further upside, said Morgan Stanley.

Thu, 19 Sep 2024 02:38:40

Vodafone Idea Ltd. and Indus Tower hit lower circuits after the top court rejects telecom companies' plea to re-compute the average gross revenue calculation.

Thu, 19 Sep 2024 06:50:45

Arkade Developers raised Rs 122.4 crore from anchor investors ahead of its IPO.

Thu, 19 Sep 2024 06:49:58

The brokerage maintains 'Buy' rating on the stock with an unchanged target price of Rs 270, valuing the stock at ~1.6 times FY26E adjusted book value.

Thu, 19 Sep 2024 06:48:51

The company is aiming to raise up to Rs 776 crore from the offering.

Thu, 19 Sep 2024 06:48:18

There are two types of documents that one might require from the court to transfer the ownership of assets.

Wed, 18 Sep 2024 08:30:44

September 18, 2024 - The US government yesterday announced a legislative initiative to amend the existing de minimis shipments rules for imports into the United States. This includes potential new rules for products affected by the steel and aluminum tariffs in the Section 232 measures. And in the United States, the Fed is expected to make another interest rate decision today.

Tue, 17 Sep 2024 08:42:14

17 September 2024 - German steel has once again reached a high point in a crisis that threatens its very existence. That's what you might think when politicians, trade unions and steel manufacturers meet for a whingeing summit. Instead of taking entrepreneurial risks, they are once again craving subsidies. And US consumer confidence continues to rise.

Mon, 16 Sep 2024 08:36:24

16 September 2024 - EU steel manufacturers cannot produce enough stainless steel to supply the domestic market. This is the conclusion reached by the European Commission's Joint Research Centre. ‘Compared to other categories, the more limited EU production leads to a substantial import reliance (25%).’

Fri, 13 Sep 2024 07:59:26

13 September 2024 - Building permits in Canada rose surprisingly sharply in August, exceeding analysts' forecasts by more than three times. European Central Bank cuts key interest rate as expected. And base metal prices in Asia are looking friendly today.

Thu, 12 Sep 2024 08:19:20

12 September 2024 - Russian President Vladimir Putin instructed his Prime Minister Mikhail Mishustin on Wednesday to consider an export ban on nickel, uranium, titanium and other relevant raw materials. Nickel prices on the commodity exchanges reacted sharply to the announcement. And in China, the destocking of aluminium and copper continues.

Wed, 11 Sep 2024 08:26:57

11 September 2024 - China has announced plans to add steel, aluminium and cement to its carbon trading scheme. And nickel prices on the SHFE commodity exchange have risen. Nickel on the LME also rose significantly shortly after the start of trading.

Tue, 10 Sep 2024 08:44:23

10 September 2024 - EU steel lobby files lawsuit against results of anti-circumvention investigation against stainless steel from Indonesia, Taiwan, Vietnam and Turkey. And the Draghi Report on EU competitiveness calls for cutting red tape and abandoning the unbridled use of punitive tariffs.

Fri, 03 Mar 2023 07:32:12

Steel Houses survived the Gyeongju earthquake while other homes were damaged, and more and more people in Korea are choosing steel for their homes over traditional building materials such as wood and concrete. The same trend can be observed in Japan, where earthquakes are much more frequent. In order to build more earthquake-resistant buildings, steel…

Wed, 01 Feb 2023 07:32:47

Prefabricated hospital is the new normal, that has been practiced over a number of years now.  Prefabricated hospitals are highly durable, they are earthquake resistant and can be prepared within a short span of time. The prefab hospitals can be mounted and dismounted quite easily, over again and again. These modular hospitals are built by…

Mon, 23 Jan 2023 13:31:41

Construction of a home on a hilly terrain can be a huge challenge when compared to the methodologies used in plains. A completely different topography, climatic conditions and geological challenges, the architects taking up projects in the hills have to take special measures to give the building the required structural strength. Light Gauge Steel is…

Thu, 19 Jan 2023 07:15:58

Globally, skilled labor shortages are making it difficult to adequately staff projects and deliver quality work. In the same vein, poor productivity is another notable challenge for the construction industry, which is often unfavorably compared to manufacturing where significant efficiency gains have been made (an average of 1% global labor-productivity growth in construction compared to…

Tue, 20 Dec 2022 06:55:07

Did you know that cold-formed steel framing has been used as a building material since the 1800s? Then, however, it was in forms and proportions very different from those seen today. Cold-formed steel framing was first used to construct buildings in the 1850s in both the US and Britain. The use was mainly exploratory and…

Mon, 19 Dec 2022 13:10:00

Partnering is a broad term used to describe a collaborative management approach that encourages openness and trust between parties to a contract. The parties become dependent on one another for success and this requires a change in culture, attitude and procedures throughout the supply chain. It is most commonly used on large, long-term or high-risk…

Sat, 17 Dec 2022 08:51:47

Light Gauge Steel Frame is a construction technology that uses cold-formed steel as the primary construction material. It can be used for roof systems, floor systems, wall systems, roof panels, decks as well as the entire building. Modern light steel framing systems use sections that are cold-formed from rolls of pre-galvanized (zinc-coated) strip steel. The zinc coating…

Thu, 19 Sep 2024 06:40:46

Reportedly, LinkedIn initiated the process of utilising user data to enhance its generative AI products without first updating its terms to reflect this change

Thu, 19 Sep 2024 06:22:15

Samsung Galaxy M55s will feature a 6.7-inch FullHD AMOLED display and will include dual-recording functionality with front and rear cameras simultaneously

Thu, 19 Sep 2024 06:20:09

Home to approximately 13,200 millionaires, Bengaluru has a collective investable wealth of Rs 800 crore, according to Henley & Partners' Centi-Millionaire Report 2024

Thu, 19 Sep 2024 05:52:09

Indian automaker Hero MotoCorp will be entering the UK, France, and Spain markets with its Vida e-scooters

Thu, 19 Sep 2024 05:48:54

At Made on YouTube event, the video streaming platform from Google announced several new features for both viewers and creators

Thu, 19 Sep 2024 05:37:21

Tata Electronics and ADI intend to explore opportunities to manufacture ADI's products in Tata Electronics' fab in Gujarat

Thu, 19 Sep 2024 05:38:00

Gemini Live has not yet been widely launched for all free users on Android but is expected to be available to more users in the coming days