Commodities
US steel imports down in January
(Posted on 01/03/21)Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) has reported that the U.S. imported a total of 2,422,000 net tons (NT) of steel in January 2021, including 1,239,000 net tons (NT) of finished steel (down 23.1% and 24.8%, respectively, vs. January 2020). Total and finished steel imports are up...
Bumper crop breaks GrainCorp records
(Posted on 01/03/21)With the winter crop harvest close to completion on Australia’s east coast, GrainCorp is celebrating record site receivals across its grain handling network.Over 60 sites in New South Wales and Victoria recorded their highest ever total of receivals of wheat, barley, Canola and other grains.The combined intake across harvest...
Rio Tinto reiterates apology as annual report published
(Posted on 24/02/21)Rio Tinto has published its 2020 Annual Report and its Sustainability Fact Book. These documents complement the publication of Rio Tinto’s 2020 full year results and the Climate Change Report on 17 February 2021.Rio Tinto Chairman Simon Thompson said: “Our strong performance during 2020 was overshadowed by the destruction...
Rusal becomes preferred supplier to Kosei
(Posted on 24/02/21)Rusal, a leading global aluminium producer, has announced that it has been named the preferred global supplier of high-quality primary foundry alloys for Kosei, the global wheel and auto components manufacturer.Founded in 1950, Kosei designs and manufactures wheels, autoparts and components. It has 14 sites operating in seven countries...
Rusal acquires German aluminium producer
(Posted on 17/02/21)Rusal a leading global aluminium producer, has announced that it has agreed to acquire the business and assets of the Aluminium Rheinfelden GmbH out of insolvency.Aluminium Rheinfelden is one of Germany’s leading manufacturers of aluminium alloys, semis and carbon-based components and a major supplier to the global automotive...
Low-carbon iron MoU signed
(Posted on 17/02/21)Rio Tinto, Paul Wurth S.A. and SHS-Stahl-Holding-Saar GmbH & Co. KGaA (SHS) have signed a Memorandum of Understanding to explore the production of a low-carbon steel feedstock. This partnership brings together a leading global miner, an international leader in the design and supply of engineering solutions for integrated steelmakers...
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