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UK will help reduce electricity costs in energy-intensive sectors
The UK will help reduce electricity costs in energy-intensive sectors from next year to ensure that industries, including the steel sector, remain internationally competitive. The proposal, which will be discussed in the spring, will exempt companies from certain...
Copper: reversal phase without affecting the medium-term bullish trend
The current reversal in copper prices is not affecting the medium-term bullish trend for the time being. After Peru’s main mines suffered a drop in activity in recent weeks due to supply blockades, protesters temporarily lifted the blockade of a key mining...
India ready to sign agreement with UAE, Nigeria and Malaysia for use of rupees in bilateral trade
Sources close to the Indian government said negotiations with the United Arab Emirates (UAE), Malaysia and Nigeria for bilateral trade in Indian rupees are making progress and a memorandum of understanding is expected to be signed no earlier than next month. A team of...
Crude steel: CISA mills’ production up 1.49% in mid-February
The China Iron and Steel Association (CISA) announced that the average daily crude steel production of all CISA member companies was 2.09 million tonnes in mid-February (11-20 February) this year, an increase of 1.49% compared to the end of February (1-10 February)....