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Nickel: global supply moves into surplus
Nickel prices rebounded strongly in the first three weeks last month. However, prices soon fell back into range. These declines continued into early October, with prices remaining mostly firm since July. In the long term, these movements offer no clear direction for...
Aluminum: energy prices force German producers to cut production
Rob van Gils, newly elected new president of Aluminum Germany, said high energy prices are putting energy-intensive production in Germany out of business. Primary aluminum production is highly energy-sensitive; it takes about 17,000 kWh of electricity to produce one...
Aluminum: metal heading for further risk in supplies as Biden considers ban on Russia
A total U.S. ban on Russian aluminum threatens to disrupt a global market already tested by multiple disruptions, casting attention on how China could fill a possible supply gap. The Biden administration is considering options that include sanctions on Russia's top...
Aluminum: Russian Rusal manufacturer reorganizes sales team
Russian giant Rusal has reorganized its sales team, signaling an intensified struggle to keep its sales portfolio strong despite the effect of Western sanctions imposed on Moscow. Rusal, the world's largest aluminum producer outside China, has not been directly...