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Aluminium: Chinese production in 2022 reaches an all-time high
China's annual aluminium production in 2022 increased 4.5 per cent year-on-year to a record high of 40.21 million tonnes due to new production capacity and the easing of energy supply restrictions. The National Bureau of Statistics (NBS) reported that primary...
HRC steel: prices expected to rise further in Europe
Operators in the European hot-rolled coil market have generally positive expectations about further price increases. Steel mills are pushing for higher prices due to improved purchasing and limited availability of HRC, resulting in longer delivery times. Some mills in...
Nickel: prices fall back due to increased downside risk
Nickel prices continued to rise throughout December. In January, however, prices started to show declines that could become the beginning of a short-term sideways trend. Until prices break out of the new range, the direction of the market will remain unclear. However,...
JFE Steel restarts blast furnace No. 6 at Chiba plant
Japanese steelmaker JFE Steel Corporation announced that it has completed the refurbishment of Blast Furnace No. 6 at its East Japan Works (Chiba) plant and put it into operation on 13 January. The cost of the refurbishment work, which began in September last year,...