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Nickel: violence during protest in Indonesia
Two workers were killed during clashes and unrest at an Indonesian nickel smelter over the weekend, after violence erupted during a protest by a group of workers demanding better wages and safety. One Indonesian and one Chinese worker were killed during unrest at the...
Steel: daily output of CISA steel mills increased by 0.51% in early January
The China Iron and Steel Association (CISA) announced that at the beginning of January (Jan. 1-10), the average daily aggregate crude steel output of China's large and medium-sized steel enterprises (all CISA members) was 1.9257 million tons, an increase of 0.51%...
Copper: prices rise on Peru’s difficulties, dollar weakness and China’s hopes
Copper prices in London rose on concern over mine supply in Peru amid low inventories of the metal, hopes for stimulus from major consumer China, and a weakening dollar. Three-month copper on the London Metal Exchange reached the target predicted by Commodity...
Alumina: Alcoa notifies its customers of force majeure framework
Global aluminum giant Alcoa has notified its alumina customers of a force majeure event, given the impact of reduced natural gas supply to its operations in Western Australia. Alcoa said on Jan. 9 that its Kwinana alumina refinery in Western Australia had reduced...