Steel HRC FOB China Feb '22 (V7G22)
Price PerformanceSee More
|Period||Period Low||Period High||Performance|
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+25.67 (+3.33%)since 01/28/22
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+49.17 (+6.57%)since 11/26/21
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+164.67 (+26.01%)since 02/26/21
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The acquisition of American Zinc Recycling increased Befesa’s capacity for steel dust recycling by more than 600 thousand tonnes.
The price of #2 Copper Wire and Tubing also remained flat.
The plant is slated to begin its operations in 2024, the press release said.
These cans inspire consumers to learn more about the low carbon footprint, said the company press release.
The plant has an estimated production capacity of around 2 million tonnes of HBI per annum.
The Loulo-Gounkoto complex is comprised of open pits at Gounkoto, Faraba and is situated in western Mali, bordering Senegal.
It must be noted that the steelmaker has already committed to reduce its carbon emissions intensity by 42% by 2030, upon comparison with 2005.
Meantime, the Warrick smelter has a total nameplate capacity of 269,000 mtpy across five potlines.
In the Hallmarked category, the 14 carat gold scrap prices remained unchanged at $ 1,031.05 per Oz.
The facility was initially announced in May last year.