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Stainless steel: markets are set for further decline in the coming weeks
According to the International Recycling Bureau's quarterly Stainless Steel and Special Alloys World Mirror report, stainless steel markets are expected to decline further ahead of the slow summer period in the northern hemisphere, following the sharp drop in prices...
Cast iron and crude steel: Metinvest’s production increased in the first quarter
Ukrainian mining and steel group Metinvest announced its operating results for the first quarter of this year. Metinvest's total cast iron production in the first quarter was 448,000 tonnes, up 65.9 per cent year-on-year and down 75.4 per cent year-on-year. The...
Crude steel: Chinese production increased by 4.1% in January-April
China's output of pig iron, crude steel and finished products in the January-April period this year increased by 5.8 per cent, 4.1 per cent and 5.2 per cent respectively year-on-year to 297.63 million tonnes, according to data from China's National Bureau of...
Platinum: the precious metal faces its biggest deficit in years
Rising demand from carmakers, industry and investors will push the global platinum market into its biggest deficit in years. This is the emerging change in the fortunes of platinum and its sister metal, palladium, both of which are mainly used in vehicle exhausts to...