Steel market

Eramet resumes operations at the Weda Bay nickel mine in Indonesia, the world's largest, after halting due to quota limits. The company plans to update its 2026 nickel sales guidance amid discussions with Indonesian authorities. >>

Klöckner & Co SE stock jumped 53% in 2026 due to strong steel demand and a takeover bid by Worthington Steel, boosting investor confidence and corporate valuation. >>

Jingye Group demands compensation from the UK government after British Steel's nationalization, claiming substantial investments were ignored and promising to defend its legal rights. Their investment since 2020 revitalized the struggling steelmaker, enhancing its profitability and local job growth. >>

Copper Powder Market projected to grow from $829.09M in 2025 to $1.26B by 2035, driven by technological advancements and rising demand in industries like electronics and automotive. >>

The Council on Energy, Environment and Water (CEEW) reports that India's demand for green steel is growing faster than its supply. The CEEW analysis suggests the key challenge is stimulating sufficient demand through public and private procurement, with 90 steel producers already rated under India's green steel taxonomy. The report also highlights the complementary roles of India's Green Steel Taxonomy and the Carbon Credit Trading Scheme in promoting decarbonization. >>

Iran's attacks on Gulf aluminum smelters have disrupted the market, prompting Goldman Sachs to raise aluminum price forecasts due to a supply crisis and increased market volatility. >>