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Anti-dumping measures demanded by French industry for Spain’s cheap electricity supply
In response to rising energy prices, European aluminum plants have begun to close, while Russia and China have increased imports. The EU-backed cap on the price of Iberian gas is allegedly causing unfair competition, according to representatives of the French aluminum...
Aluminum: energy crisis forces Slovenian producer Talum to cut production
On Sept. 29, 2022, Slovenian aluminum producer Talum, also a major energy consumer in the country, said it has decided to cut primary aluminum production as of Oct. 1, 2022 due to the energy crisis. Europe is facing a serious energy crisis as a result of the...
Nickel Industries sees lower quarterly earnings due to weakening prices
Australia's Nickel Industries Ltd has forecast a slump in quarterly operating profits due to weakening pig iron prices and said it plans to convert one of its Indonesian projects to low-grade battery metal ore. Nickel Industries said it expects third-quarter earnings...
Copper: Chinese premium will remain high due to improving demand
The spot premium for copper in China, the main consumer, may remain high in the coming months, according to analysts and traders, as demand for the metal has improved due to government stimulus. The spot premium for refined copper was $85.25 a ton Thursday, up from...