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Copper: Chinese plants consider cuts after years of growth
Stung by the disappearance of profits, the country's top industrial body last week unveiled a range of options to curb oversupply, from bringing forward maintenance work to postponing new plants to cutting production altogether. Alarm bells went off following the...
Tata Steel Netherlands restarts blast furnace No 6 in IJmuiden
Tata Steel Netherlands, a subsidiary of Indian steel producer Tata Steel, restarted blast furnace No 6 in IJmuiden a few days ago. In a press release it is stated that the company intends to carry out studies to increase the production of pig iron. The furnace had...
Copper: prices fall temporarily before a new reaction
Copper prices retraced today in London due to the strengthening dollar and signs of a failure to cut US rates in March, although tighter supply and positive data from major consumer China provided some support. Copper rose in the second half of January and even...
Diesel: prices up +6.70 per cent from the day before
The Red Sea crisis could lead to diesel shortages in Europe in the coming weeks, with imports expected to fall by two-thirds from current levels and the start of seasonal maintenance at many refineries. The situation is deteriorating rapidly and prices on the...