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Nickel: Indonesia export ban and domestic processing requirements violate WTO rules
The World Trade Organization has determined that Indonesia's export ban and domestic processing requirements for nickel ore violate WTO rules, according to a report released Nov. 30. The WTO's dispute settlement body set up a panel in February 2021 to examine whether...
Steel: Brazilian steel industry expects modest growth in 2023
According to the Aço Brasil Institute, Brazilian steel producers expect a modest expansion in production, sales and apparent consumption in the country in 2023, after "excellent" years for the industry. Brazilian crude steel production in 2023 is expected to increase...
Aluminum: prices in break out phase
Primary aluminum listed on the London Metal Exchange continues its upward move (+1.95 percent as of 12:00 GMT+1), with the third consecutive positive session. Prices currently appear to be in the process of breaking out (breaking to the upside) of an important...
HRC steel: quotes rise1.07% on a weekly basis
The European hot-rolled coil market rose marginally on Nov. 29, as market participants said prices have found a base and an upward trend is expected in the short term. HRC North Europe is up 1.07 percent from a week ago, standing at 626 euros/mt. The market changed...