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Steel: HRC coil prices settling with market in pre-Christmas phase
Domestic hot-rolled coil prices remained unchanged in Europe on Dec. 20 as the market slowed down ahead of the holiday season. Some mills have stopped bidding and will return to the market in the first half of January. Northern European hot coils remains stable at 639...
Bauxite: Indonesia will ban exports from June 2023
President Joko Widodo, said Indonesia will ban exports of bauxite, a key raw material for aluminum production, starting June 2023. Indonesian bauxite flows mainly to China. According to customs data, China imported 18.1 million tons of bauxite from Indonesia in...
Nickel: world market in deficit in January-October 2022
Apparent demand for nickel metal exceeded production during the first ten months of this year, resulting in a modest deficit in the nickel metal market. The most recent data show that the world nickel market recorded a deficit of 116.6 kt from January to October this...
Steel: impact on production of destroyed Ukrainian power grids
Steel production in Ukraine suffered a major blow last week due to the ongoing conflict with Russia. Industry observers reported that several Ukrainian steel mills are facing production and rolling problems. Energy suppliers are rationing power distribution to major...