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Crude steel: world production falls 10.8% in December
The World Steel Association (Worldsteel) announced that world crude steel production fell by 10.8% year-on-year to 140.7 million tonnes in December last year. For the year as a whole, world crude steel production stood at 1.83 billion tonnes, down 4.3% year-on-year....
Aluminium: stocks still at low levels
As with many base metals, prices rose in early January, with aluminium stocks remaining at their lowest levels. Although it is true that China's increase in aluminium export taxes may have affected aluminium prices, the market has seen rather volatile conditions since...
Metal crap: German association VDM denounces EU regulation once again
The Berlin association Verband Deutscher Metallhändler und Recycler e. V. (VDM) has once again denounced a proposed EU regulation that will make international trade in scrap metal more difficult. In mid-January, the European Parliament voted by a majority to adopt a...
Rare earth: Sweden announces discovery of Europe’s largest deposit
The Swedish government has announced the discovery of the largest deposit of rare earths in Europe. These mineral elements are a key component of high-tech products, particularly batteries. Until now, Europe has been dramatically dependent on third countries, such as...