LME considering trading ban on Russian metal causes turmoil on metal markets

Frankfurt - Russia is a significant supplier for the world markets with a global production share of almost 10% and an export share of 15%.

28 Sep 2022

RWI/ISL Index: Rising container throughput indicates easing of supply chains

Essen - Container Throughput Index of RWI - Leibniz Institute for Economic Research and the Institute of Shipping Economics and Logistics (ISL) rose seasonally adjusted to 127.4 points in August compared to 126.5 points (revised) in the previous month.

27 Sep 2022

Outokumpu restates consolidated statement of income 2021 and 2022

Helsinki - The total consideration on a debt and cash free basis amounts to EUR 228 million, implying an EV / Adjusted 2021 EBITDA multiple of 4.9x.

26 Sep 2022

SSAB and Oshkosh Corporation partner for fossil-free cooperation in the US

Stockholm - SSAB aims to deliver fossil-free steel to the market in commercial scale during 2026, and delivered the first steel made of hydrogen-reduced iron in 2021.

25 Sep 2022

Copper: Supply deficit of 126 thousand tonnes until end of July

Frankfurt - In August, a deficit of a good 70 thousand tonnes had been reported for the first half of the year.

22 Sep 2022

Vianode invests NOK 2 billion in battery materials plant in Norway

Oslo - Company owned by Elkem, Hydro and Altor, has decided to invest in its first industrial-scale plant for sustainable battery materials.

21 Sep 2022

Strong Chinese aluminium production figures - Zinc recovery in demand

Frankfurt - Although aluminium exports fell by around 17% compared to the previous month, they remained at a high level.

21 Sep 2022

Metso Outotec to invest in a new filter plate factory in Mexico

Helsinki - The company expects to invest a total of around EUR 28 million to acquire the land and develop the production facilities by 2025.

19 Sep 2022

Thyssenkrupp will construct Germany's largest direct reduction plant

Essen - The plant with a capacity of 2.5 million metric tons will avoid the emission of 3.5 million metric tons of CO2.

14 Sep 2022

Voestalpine invests EUR 100 million in expanding its hot-dip galvanizing lines

Linz - Construction work will start in August with hot-dip galvanizing line 4; the technological ramp-up is scheduled for 2025/26.

14 Sep 2022

SIAF Guangzhou returns as ideal platform to boost business in Q1 2023

Frankfurt - Taking place from 1 – 3 March 2023 at the China Import and Export Fair Complex in Guangzhou, the fair is gathering momentum with a large contingent of leading brands already confirmed to exhibit.

14 Sep 2022

GreenCoat RWS from SSAB - for durable and sustainable roof drainage

Stockholm - To meet the global demand for sustainable and durable building materials, SSAB is expanding its range of organically coated GreenCoat® steel.

14 Sep 2022

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