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Steel: Thyssenkrupp will reduce production capacity in Duisburg
Thyssenkrupp has released details of a restructuring programme for its disputed steel division, saying that production capacity at the Duisburg site will be significantly reduced, with measures involving job cuts that cannot yet be quantified. The executive committee...
Copper: Chilean production up 9.8% in February
Copper production in Chile increased by 9.8% year-on-year to 417,000 tonnes in February, even as production at state-owned copper company Codelco declined, Cochilco, the country's copper commission, said on Thursday. Despite the overall increase, production at Chilean...
Nickel: what are the main trends that will influence the price in 2024
Nickel started 2023 at high levels after a rally at the end of 2022, but supply and demand pressures saw the price of the base metal decline over the course of the year to close with a drop of almost 50 per cent to $16,375 per tonne. Production has increased rapidly...
Steel: Germany’s decarbonisation under pressure due to weak economy
According to Martin Theuringer, CEO of the German steel association WV Stahl, the decarbonisation path of steel production in Europe's largest producer is threatened by the country's prolonged recession, despite the imminent publication of a definition of lower-carbon...