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EU plans to propose new sanctions against Russian mining industry
The European Commission, plans to put forward a proposal to ban new investments in the Russian mining sector as part of a new sanctions package for the Russia-Ukraine geopolitical crisis. The mining investment ban, which will have exceptions for certain products, is...
Zinc: Nyrstar’s Auby plant will remain under maintenance until further notice
Nyrstar has completed planned maintenance work at its Auby plant in northern France, but the smelter will not resume zinc production due to difficult market conditions. The Dutch company said the decision was made based on the latest electricity price forecast and...
Copper: prices in settling phase
After forming new period highs in the $8,555/mt area, copper prices have been settling, disfavored by a slight recovery of the dollar amid a darkening global economic growth outlook; the prospect of increased demand from China is also expected to support prices going...
Stainless steel: reduced imports could cause shortages
Although nickel prices have suffered a modest retracement from the rally earlier this month, upward price action has continued to support the short-term range breakout. A sustained rise should support further bullish anticipation, which could support the continuation...