New green steel firms could reap rewards as EU carbon tariffs loom

SINGAPORE, Nov 10 (Reuters): On Thailand's eastern coast, plans are underway to build an electric arc furnace that will deliver green steel to Europe and benefit from contentious new rules that will force buyers to pay tariffs on high-carbon imports. Governments and industry associations in Asia have lobbied ferociously against...

Read more

Singapore Air flags earnings pressure from tough competition

Singapore Airlines flagged its earnings would stay under pressure despite robust travel demand in the second half of the year, while it reported a profit fall reflecting stiff market competition coupled with rising costs, reports Reuters.The city-state's flag carrier on Friday said the aviation sector was struggling with macro-economic uncertainty,...

Read more

China opens up copper blending business to private firms

LONDON, Nov 10 (Reuters): China has allowed more private firms to blend more polluting complex copper concentrates domestically as the country that smelts half the world's copper struggles to secure enough standard grades, three people with knowledge of the matter said.That could significantly widen the scope of copper concentrates, which...

Read more