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CBAM Changes the Balance: Knock-On Effects on the Stainless Steel Scrap Market
The effects of the Carbon Border Adjustment Mechanism (CBAM) are beginning to be felt beyond the borders of directly regulated markets, spreading throughout the European steel supply chain and indirectly but increasingly impacting the stainless steel scrap market....
Nickel Market in Suspense: Indonesia Considers Historic Cut to Mining Quotas
The global nickel market is moving cautiously following rumors from Indonesia, the world's leading producer of the raw material. According to reports from December 16, the Indonesian Nickel Miners' Association (APNI) revealed that the Jakarta government is considering...
End-of-Year Rally Pushes Ferro-Tungsten to New All-Time Highs in Europe
The European ferro-tungsten market closed the week of December 17th at a new all-time high, driven primarily by trader activity. Amid limited supply and accelerating prices in China, Europe absorbed yet another surge faster than the usual transmission dynamics between...
Japan Earthquake Shuts Down Hachinohe Smelting Plant
The strong 7.6-magnitude earthquake that struck off the coast of Aomori Prefecture late on Monday, December 8, had immediate repercussions on the Japanese metallurgical industry. Mitsui Kinzoku, one of the country's leading zinc producers, announced the suspension of...