Contributor: CRU

CRU

CRU offers unrivaled business intelligence on the global metals, mining, and fertilizer industries through market analysis, price assessments, consultancy, and events.

CRU: SSAB to switch to CO2-free EAF steelmaking at Lulea works

Directors of Swedish steelmaker SSAB have decided to replace blast furnace-based steelmaking at Lulea with a ‘green steel’ mini-mill process.

CRU: Baltimore bridge collapse affects more than half of US thermal coal exports

A container ship collided with the Francis Scott Key Bridge in Baltimore on March 26, causing it to collapse. This has blocked sea lanes into and out of Baltimore port, which is the largest source of US seaborne thermal coal exports. The port usually exports 1–1.5 million metric tons (mt) of thermal coal per month. It is uncertain when sea shipping will be restored. But it could be several weeks or more. There are coal export terminals in Virginia, though diversion to these ports would raise costs.

CRU: Court Accepts AHMSA's Bankruptcy Request, Investors Named

A Mexican court has declared steel sheet producer Altos Hornos de Mexico (AHMSA) bankrupt and appointed the National Chamber of Commerce of Muzquiz city, Coahuila state, as trustee. The determination, published in the country’s Official Gazette on April 17, follows the company filing a bankruptcy petition in January. The civil first court of the first instance in […]