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Manganese In China Still Under Pressure, With High Port Stocks And Loss-Making Smelters
Prices of manganese ore shipped by sea to China fell further in the week ended Friday July 3, confirming a market still weak, weighed down by fragile fundamentals, high port inventories and lower-than-expected manganese alloy production. The picture remains complex....
European Ferro-Titanium Rises, With Titanium Scrap Still Scarce To Support Prices
European ferro-titanium prices rose in the week ended Wednesday July 1, despite overall contained spot activity and the usual seasonal slowdown linked to the approach of the summer period. Supporting the market was above all the persistent shortage of titanium scrap,...
NPI Prices In China Fall, Between Weaker Nickel, Compressed Stainless Margins And Substitution With Cathodes
Nickel pig iron prices in China weakened in the week ended Friday July 3, penalized by the decline in nickel and stainless-steel futures, by caution in purchases from steel mills and by growing competition from alternative raw materials, in particular nickel cathodes...
Adani And IRH Bet On Aluminium In Odisha With An $11.5 Billion Mega Project
Adani Enterprises and International Resources Holding have signed a memorandum of understanding with the Odisha government to jointly develop an $11.5 billion integrated aluminium project in the Indian state. The agreement, signed on Thursday July 2, represents one of...