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Copper: industry warns of looming supply shortage without new mines
World demand for copper to build most electronic devices will outstrip supply over the next decade and put climate targets at risk unless dozens of new mines are built. The forecast lays bare the growing tension over where and how the world can source the metals for...
HRC steel: sentiment still negative in European market with supply problems
Sentiment in the European HRC hot-rolled coil market remained largely negative on Wednesday, April 19, despite reduced supply, with activity remaining limited due to steel mills' good order books and sufficient buyer inventories. Most steel mills are not bidding,...
Aluminum: Atlas Holdings announces the sale of Aludium to Jupiter Aluminum
Connecticut conglomerate Atlas Holdings (Atlas) and Jupiter Aluminum Corporation (Jupiter) announced this week an agreement for Jupiter to purchase aluminum flat-rolling company Aludium from Atlas for an undisclosed sum. Jupiter says the purchase will strengthen its...
Nickel: will there be enough metal for electric vehicles by 2030?
Demand for nickel increases with the shift to electric vehicles. Nickel prices have been very volatile during 2022. On March 8, 2022, the metal surpassed $100,000 per ton before the London Metal Exchange halted trading, something that has never happened in the nickel...