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Aluminum: Slovenia’s Talum will stop production due to high electricity prices
Slovenian company Talum will stop primary aluminum production in April as high electricity prices have made production unprofitable. Talum, one of the world's top 10 primary aluminum producers, has reduced its production in recent years. Currently, it uses only 11 of...
Copper: Peruvian communities will resume mining corridor blockade
Peru's Andean communities will resume this week their blockade of a crucial highway used by major copper producers, after a truce allowed mining companies to restart production. Peru, the world's second-largest copper producer, has been facing protests since the...
Steel: falling energy prices and entry into force of import tax will support Turkish production and exports
According to the Turkish Steel Producers Association (TÇÜD), crude steel production in Turkey fell 17.6 percent year-on-year to 2.6 million tons in January this year. In the same month, Turkey's finished steel consumption was 2.9 million tons, down 3.5 percent...
LME nickel: UK regulator launches investigation into trading halt
Britain's Financial Conduct Authority (FCA) has launched an enforcement investigation into the London Metal Exchange's (LME) suspension of nickel trading in 2022. The FCA investigation will examine the conduct, systems and controls put in place by the LME between...