The evolution of EV demand
A four-year retrospective on EV demand and its implications for copper and the recycled metals industry.
Sustainability: Emissions
"A game changer." LME to add emissions data tracking for aluminum ahead of EU policy
"It’s the stuff that makes sustainability real, and it gives it a future, because it’s based on facts rather than noise."
Price: Why have steel emission policies forgotten about recycling?
Why then do many leading international institutions and steel manufacturers argue for emission policies that discourage recycling altogether?
DOE to fund up to $934.6M in aluminum, copper decarb projects
The projects are part of a larger, $6-billion DOE agenda funded by the Infrastructure Investment and Jobs Act (IIJA) and the Inflation Reduction Act (IRA).
SDI aluminum project logs cost bump, but timeline holds firm
Steel Dynamics Inc. faces rising costs for its Columbus, Miss., aluminum rolling mill, but the project timeline remains on track. The post SDI aluminum project logs cost bump, but timeline holds firm appeared first on Steel Market Update.
Outokumpu buys into recycler
Stainless steel producer Outokumpu of Finland has completed its planned acquisition of a 10% stake in a long-established supplier, German recycler Cronimet, following regulatory approval. Outolumpu’s main motive is to secure sourcing of high-quality scrap close is to its steel making operations in northeastern Europe. But the companies will also co-operate on joint innovation and […]
AM/NS India to move into scrap processing
ArcelorMittal Nippon Steel India (AM/NS India) is to establish three scrap-processing centres in anticipation of increasing difficulty meeting recycled steel requirements through imports. The company will invest around INR1 bn ($12 M, €11 M) to build a yard at its 9 Mt/y integrated works in Hazira (Gujurat), another at Ahmedabad (Gujurat) and a third in Khopoli (Maharashtra) […]
SMU Community Chat: Algoma’s CEO talks prices, decarb, raw materials
Algoma Steel’s CEO Michael Garcia joined SMU Managing Editor Michael Cowden for a Community Chat on Wednesday, Nov. 29. A great discussion was had on topics ranging from plate pricing to decarbonization efforts, raw materials strategies, and more. The post SMU Community Chat: Algoma’s CEO talks prices, decarb, raw materials appeared first on Steel Market Update.
US, EU To Continue Talks on Steel, Aluminum Deal After White House Meeting
After a meeting Friday at the White House, the EU and US issued a joint statement noting no concrete movement towards a Global Arrangement on Sustainable Steel and Aluminum. The post US, EU To Continue Talks on Steel, Aluminum Deal After White House Meeting appeared first on Steel Market Update.
Vale tests new type of in-demand briquettes
Brazilian miner Vale has started testing a form of iron ore briquette years in the making ahead of delivering to a backlog of customers. The company says the new product should help steel makers cut their carbon emissions by up to 10%. The company estimates it will take 18 months to clear the waiting list […]