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Chinese battery maker Contemporary Amperex Technology Co., Limited (CATL) has been added to the US Department of Defense’s Chinese Military Company (CMC) list.
There has been a freefall in copper concentrates treatment and refining charges (TC/RCs) this year amid tighter supply in the market. In 2025, supply tightness is projected to keep copper concentrates TC/RCs low on average for the whole year, sources told Fastmarkets.
Energy company, Saudi Aramco, increased diesel prices in Saudi Arabia to 1.66 riyals ($0.44) per liter.
The new year is likely to show a modest pick-up in overall North American automotive production that will, in turn, boost demand for key steel product sectors, such as cold-rolled coil, galvanized sheet and special bar quality steel, according to industry analysts and market participants.
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