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Crude steel: world production increased by 2.2 % in August
The World Steel Association announced that world crude steel production was 152.6 mt in August this year, down 3.7% for the month and up 2.2% year-on-year. In the January-August period, world crude steel production stood at 1.25 billion tonnes, up 0.2% year-on-year....
Aluminium: Glencore bought low volumes from Rusal
Glencore bought only a small portion of the potential 6.9 million tonnes of aluminium it could have purchased in the 2020-2022 period under its contract with Russia’s Rusal, which could be extended to 2025. Commodities group Glencore, under pressure to stop...
Aluminium: international associations publish action plan ahead of G7 trade ministers’ meeting
The Aluminium Association of Canada, the European Aluminium and the Japan Aluminium Association have published a joint paper for the Group of 7 (G7) trade ministers ahead of their meeting in Osaka, Japan, next October. The document, Aluminium Supply Chain Pathways to...
Aluminium: Russian metal divides negotiators at Barcelona meeting
Russian aluminium is dividing the metal industry as producers and consumers meet this week to work out supply agreements for next year. Some industrial consumers have refused to buy supplies from Russia because of Moscow’s invasion of Ukraine, but others argue...