Similarly, silico-manganese prices remained stable at €1,240-1,320/t ddp on sluggish appetite for fresh spot bookings.

Similarly, silico-manganese prices remained stable at €1,240-1,320/t ddp on sluggish appetite for fresh spot bookings.

Vanadium flow battery electrolyte focus of three year industry-backed study

OMH H1 profit jumps to RM268.9 million

Swedish start-up H2 Green Steel has raised €190mn ($189mn) in a financing round, for its initiative to decarbonise steel production by around 95pc using renewable hydrogen.

Several presenters pointed to new markets opening up for magnesium metal usage in lightweight die casting for EVs, battery housing and, further down the line, in the batteries themselves.

Magnesium production capacity outside China is forecast to expand to 24pc of global supply by 2032.

More European steelmakers are announcing increases following ArcelorMittal's announcement last week.