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Rusal Looks To Indonesia: Kalimantan Alumina Project Nears Approval
Rusal’s project to process bauxite into alumina in Kalimantan is approaching the conclusion of its permitting process. Confirmation comes from Indonesian Energy and Mineral Resources Minister Bahlil Lahadalia, while the Russian group considers reorganizing part of its...
Shanghai Metals Mixed: Nickel Rebounds, But Fundamentals Remain Weak
Base metals are moving without a common direction on the Shanghai Futures Exchange on Thursday morning, September 17. Nickel leads the gains, followed by lead and copper, while zinc and aluminium retreat. Tin remains slightly above unchanged. The backdrop is a...
Asian PVC Rises: Freight And Feedstocks Push Prices Higher, But Demand Remains Weak
Suspension-grade PVC prices are rising across the main Asian markets, supported by higher ocean freight rates, logistical difficulties and increasing feedstock costs. The increases affect the Far East, Southeast Asia and the Indian subcontinent, but encounter...
European Steel Coil, Reduced Supply Supports Price Increases But Buyers Hold Back
European mills are seeking to consolidate coil price increases, supported by reduced material availability and higher energy costs. Demand, however, is not yet providing the momentum needed to turn all producers’ requests into actual selling prices. The market is...