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With China still on holiday, base metals prices on the London Metal Exchange have been consolidating this morning, Tuesday February 16, even though broader markets remain upbeat.
Egypt’s use of rebar was almost halved in January 2021, with the country consuming just 308,000 tonnes of the construction material – a 46.53% year on year drop from January 2019’s 576,000 tonnes.
Steel companies ArcelorMittal and Ovako have both begun to offer the first certified “green steel”, following increased scrutiny on emissions from customers, the two companies announced separately.
French lender BNP Paribas said on Monday it will halt financing customers who grow or buy soybeans or beef…
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