Niger is the Second Largest Supplier of Uranium to the European Union
The uranium price witnessed a slight upward trend after the existing government's overthrow in July 2023 in Niger. Uranium, as a radioactive metal, is used for fuel reactors.
The experts also expect that the price may rise further, as one of the sources said that uranium spot price reached up to USD 56.25 for a pound towards the end of July 2023. The price was USD 58.15 for a pound last week of July 2023. In 2022, the fuel loaded in the European Union had an average advancement assay of 3.93 percent of the product, with 80 percent falling between 3.03…
View MoreChina’s Copper Imports Decline in 2023
The world oil market suffered from supply cuts in 2023 as major oil producers Saudi Arabia and Russia cut supplies. China's market shows recovery signs in the manufacturing sector as per the survey reports in September 2023. China's unwrought copper supplies declined by 9.5 percent in 2023.
Based on the survey conducted by Purchasing Managers, the Chinese manufacturing market shows the initial signs of recovery with the factory activity. China imported larger volumes of crude oil in September 2023. In contrast, other energy commodity imports remain…
View MoreDecreasing Copper Production May Impact Green Energy Transition
New Stainless Steel Enhances Green Energy Transition in Industrial Sector
Stainless steel supports the growth of green energy transition in the environment. The clean energy transition demands sustainable and environmentally friendly materials to integrate into the transition process. Therefore, stainless steel has proven to be efficient in various industrial applications. Researchers developed a new stainless steel named SS-H2 in 2024.
The newly developed stainless steel offers high resistance to corrosion, making it suitable for industrial purposes. The new stainless steel has the property that allows the material to be…
View MoreAluminum Billets to Maintain Equilibrium Throughout 2024
In most market sectors, aluminum is essential in Europe's transition to clean energy. Aluminum is the most widely used non-ferrous metal worldwide due to its good properties. Aluminum billets are an aluminum product used widely in metal applications. Aluminum can be a vital asset for the transition to green energy in 2024, with changing trends and prices of metals for the same year.
Aluminum is widely used in electricity transmission, mobility, and transportation, among other important industrial sectors. Since clean energy transitions uptake to achieve…
View MoreMagnesium Batteries In Industrial Applications Can Be An Alternative To Lithium-Ion Batteries
The magnesium metal market is growing due to its versatility in various sectors. The metal is widely used in different industrial applications. Thus, magnesium metal is expected to grow throughout 2024. Magnesium batteries will be an alternative to lithium-ion batteries in 2024. Therefore, recent surveys in 2024 suggest that magnesium metal as an alternative to lithium-ion batteries can be challenging.
Based on the research done by Tohoku University in 2024, magnesium batteries can be recharged, leading to efficient charging and discharging according to…
View MoreMagnesium Batteries In Industrial Applications Can Be An Alternative To Lithium-Ion Batteries
The magnesium metal market is growing due to its versatility in various sectors. The metal is widely used in different industrial applications. Thus, magnesium metal is expected to grow throughout 2024. Magnesium batteries will be an alternative to lithium-ion batteries in 2024. Therefore, recent surveys in 2024 suggest that magnesium metal as an alternative to lithium-ion batteries can be challenging.
Based on the research done by Tohoku University in 2024, magnesium batteries can be recharged, leading to efficient charging and discharging according to…
View MoreUs Imposes Extra Tariffs Over Chinese Steel Imports In 2024
China's steel market faces criticism from other countries in the world in 2024. The steel market in China stores a large steel production in market. However, China's steel market strategy seems to fall in the eyes of developing world economies. Therefore, China's imports of steel may be affected in 2024.
China is reported to have a large amount of steel stock in the market, but it is unaware of its usage. Most of the steel stock will go unused in China in 2024. Therefore, China must be in the plans to import the unused and remaining large amounts of…
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Niger is the Second Largest Supplier of Uranium to the European Union
The uranium price witnessed a slight upward trend after the existing government's overthrow in July 2023 in Niger. Uranium, as a radioactive metal, is used for fuel reactors.
The experts also expect…
Read more 🠊
China’s Copper Imports Decline in 2023
The world oil market suffered from supply cuts in 2023 as major oil producers Saudi Arabia and Russia cut supplies. China's market shows recovery signs in the manufacturing sector as per the survey…
Read more 🠊
Decreasing Copper Production May Impact Green Energy Transition
Read more 🠊
New Stainless Steel Enhances Green Energy Transition in Industrial Sector
Stainless steel supports the growth of green energy transition in the environment. The clean energy transition demands sustainable and environmentally friendly materials to integrate into the…
Read more 🠊
Aluminum Billets to Maintain Equilibrium Throughout 2024
In most market sectors, aluminum is essential in Europe's transition to clean energy. Aluminum is the most widely used non-ferrous metal worldwide due to its good properties. Aluminum billets are an…
Read more 🠊
Magnesium Batteries In Industrial Applications Can Be An Alternative To Lithium-Ion Batteries
The magnesium metal market is growing due to its versatility in various sectors. The metal is widely used in different industrial applications. Thus, magnesium metal is expected to grow throughout…
Read more 🠊
Magnesium Batteries In Industrial Applications Can Be An Alternative To Lithium-Ion Batteries
The magnesium metal market is growing due to its versatility in various sectors. The metal is widely used in different industrial applications. Thus, magnesium metal is expected to grow throughout…
Read more 🠊
Us Imposes Extra Tariffs Over Chinese Steel Imports In 2024
China's steel market faces criticism from other countries in the world in 2024. The steel market in China stores a large steel production in market. However, China's steel market strategy seems to…
Read more 🠊
