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Aluminum: Chinese imports from Russia more than tripled year-on-year
China's aluminum imports from Russia more than tripled in the first two months of this year, soaring 266.2 percent, customs data showed Monday, as buyers banked on increased Chinese demand and after Western firms gave up trading Russian metals. Total imports from...
Nickel: new scandal for the LME
The London Metal Exchange (LME) has discovered in a Rotterdam warehouse bags of stones instead of the nickel that was the basis of a handful of its contracts, in a revelation that will deal another blow to confidence in the struggling exchange. The quantity of metal...
Aluminum: Southeast Asia may be the key to Chinese smelters’ production problems
China's major aluminum smelters are looking to shift some of their production capacity abroad, especially to Indonesia, as they grapple with a domestic capacity cap and power shortages in the southwestern part of the country. Such a move would also be timely, as...
Aluminum: Alcoa’s JV in Australia will reduce production
Pittsburgh-based Alcoa Corp. announced that the Portland Aluminium smelter in Victoria state, Australia, has begun to reduce overall production in light of operational instability. Production at the smelter will be reduced to about 75 percent of the site's total...