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Ferrous scrap: Turkish imports increase by 10% in 2021
Turkey, the world’s top buyer of ferrous scrap, recorded imports of this material of 24.37 million tons (mnt) in 2021 (Jan-Dec 2021), up 10% from 22.16 mnt in 2020. On a monthly basis, Turkish ferrous scrap imports increased by 22% to 2.49 mnt in Dec 2021...
Rare earth: Kalgoorlie gets ministerial approval
Preliminary implementation of Lynas Rare Earths’ Kalgoorlie processing plant has been approved after a ministerial declaration was issued under the Environment Protection Act 1986 (WA). The declaration outlines conditions for the construction and operation of...
Nickel: Expansion of global production strengthens markets
Rising nickel prices are supported as recyclers benefit from the revitalization of stainless steel production worldwide and the related growth in scrap demand. Nickel cash prices on the London Metal Exchange rose more than 25% during 2021 and continued to climb in...
Copper: price rises as trade shrinks due to China vacation
Copper prices rose on Tuesday as the dollar lost ground, but trading volumes were thin as markets in China, the main metals consumer, are closed for the Lunar New Year vacation week. Trading will be relatively quiet throughout the week due to the Chinese New Year. But...