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...At the request of industry bodies, the ministry has in the past six months opened at least half a dozen probes on products ranging from metal sheets and pre-painted steel to chemicals and tyres....
...One of Greensill Capital’s major clients was GFG Alliance, a group of metals and commodities companies led by Sanjeev Gupta, which borrowed $5bn from Greensill Capital....
...The London-listed oil and metals trader purchased at least 5,000 tonnes of copper sheets made by Russia’s Ural Mining and Metallurgical Company (UMMC) that were exported from Turkey to Italy’s Livorno port...
...GFG said in a statement that it had signed a term sheet on a “full debt restructuring agreement” with Greensill Bank’s administrator....
...As more metal reaches the end of its useful life, that will grow....
...But risks to its $16bn balance sheet are difficult to measure for outside investors. S&P puts the group’s risk-adjusted capital ratio at about 12 per cent, less than most banks core capital....
...Then, he slashed headcount from 160,000 people to 90,000 and strengthened a balance sheet bloated with debt during 2015’s brutal commodity market downturn....
...Only big business, with its huge combined balance sheet and workforce, can make it happen. But the Fortescue mess hints at internal tensions across a swath of multinationals....
...Two years of booming lithium prices have boosted producers’ balance sheets and spurred acquisitions....
...Canada’s Teck Resources said the sale of its steelmaking coal arm is proceeding as planned despite doubts over the reported bid of Indian group JSW Steel after plunging relations between Ottawa and New Delhi...
...Goncalves was born in Brazil, trained as an engineer and has spent his entire career in metals and mining....
...Aged nine, he started to make himself vomit into a metal chamber pot at night. It was a cry for help, but no one was listening....
...Richard Gladwin, half of the Local & Wild Restaurant Group, loves making Aga toast between two metal racks....
...“It looks really good styled next to metal, lacquer, marble or upholstery, but against another wood it can clash,” she adds. The key is to let the burr shine, concludes Lemieux....
...The deal comes as ITV faces fresh pressure on its balance sheet from a steep decline in advertising revenues....
...The company has declined to say how much compensation it expects to receive, but a note by research group Forensic Alpha that caught Alphaville’s eye offers a clue....
...The FTSE 100 company, better known for mining iron ore, base metals, steelmaking coal, platinum group metals and diamonds, is also betting that its planned mine will diversify its revenues and green a portfolio...
...It relaunched a metals trading desk this summer given expected growth in demand from electric vehicles....
...The flyers were from Fengshi Metal Technology, a Suzhou-based rival that operates in similar areas of semiconductor equipment manufacturing....
...For this he makes a large sheet of material, then cuts it into strips to be reassembled....
...One import of titanium alloy machine sheets sent from Russia to Redditch in February 2023 was labelled as being on behalf of ITP Aero UK — a company involved in the EJ200 engine programme for Eurofighter...
...Jamie Cater, senior policy manager at the manufacturers’ group Make UK, said the removal of roles such as welders, and the refusal to add others such as sheet metal workers, would be a concern for the sector...
...German metals group Aurubis warns that Russia is “weaponizing” energy, while Swedish property developer Fabege says that the war has “blurred the line between reality and fiction in an unreal and frightening...
...Brazil’s industry ministry has in the past six months opened at least half a dozen probes into alleged dumping of products from China’s manufacturing industries, ranging from metal sheets and pre-painted...
...There lies the case for the yellow metal as a hedge against catastrophe. Why should this episode resonate with us today?...
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