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Commodities

World crude steel production rises

World crude steel production rises

(Posted on 28/03/21)

World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 150.2 million tonnes (Mt) in February 2021, a 4.1% increase compared to February 2020. The 64 countries accounted for approximately 98% of total world crude steel production in 2020.The World Steel Association (worldsteel)...

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Rio Tinto selects solar technology for Boron mine

(Posted on 28/03/21)

International mining and metals company Rio Tinto and renewable energy technology company Heliogen has announced an agreement to explore the deployment of Heliogen’s breakthrough solar technology at Rio Tinto’s borates mine in Boron, California.Rio Tinto produces high-quality iron ore, copper, aluminium and minerals...

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NGFA outlines priorities for transportation bill

NGFA outlines priorities for transportation bill

(Posted on 22/03/21)

The USA’s National Grain and Feed Association (NGFA) has urged lawmakers to prioritise improvements to U.S. freight transportation in the next surface transportation bill that are environmentally responsible and enhance the economic health of U.S. agriculture.NGFA, established in 1896, consists of more than 1,000 grain, feed...

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British Steel to invest £100m this year

British Steel to invest £100m this year

(Posted on 17/03/21)

British Steel has announced that it is investing £100m this year to support the next stage of its transformation.The company, which has returned to profit after being brought out of liquidation by Jingye Group 12 months ago, will focus the investment on improving its manufacturing operations and supporting clean growth.Projects...

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Rusal announces 2020 results

Rusal announces 2020 results

(Posted on 17/03/21)

Rusal, a leading global aluminium producer, has announced its results for the year ended 31 December 2020.Looking back at 2020, the Company’s performance was severely impacted by the COVID-19 pandemic, particularly the first months of the year which saw significant global market turmoil triggered by the outbreak of the virus...

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Power supply launch prepares smelter for commissioning

Power supply launch prepares smelter for commissioning

(Posted on 11/03/21)

En+ Group, the world’s largest producer of low carbon aluminium and independent hydropower, has announced that the supply of electricity has begun from the Ozernaya substation to the indoor switchgear inverter complete substation (ZRU KPP) of the Taishet aluminium smelter.The Taishet aluminium smelter is to be commissioned...

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