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HRC steel: sluggish demand dampens European market trading
Prices in the European hot rolled coil (HRC) market remained broadly stable on Monday, 23 October, with market activity still depressed by continued weak demand and a pessimistic outlook. HRC Hot Rolled Coils - Northern Europe stood at EUR607/mt on 23 October,...
Nornickel: Q3 nickel production increased while palladium production decreased
Russia's Nornickel, the world's largest palladium producer and a major producer of high-grade nickel, said on Monday that its nickel production in Q3 was 21% higher than the previous quarter, at 53,945 tonnes. Unlike many Russian companies, Nornickel has not been...
Precious metals: Amplats platinum group metals (PGM) production down 9% in Q3
South Africa's Anglo American Platinum said on Tuesday that its refined platinum group metals (PGM) output fell 9% in the third quarter, due to disruptions in water supplies to its processing facilities and lower concentrate production. Amplats, the world's largest...
Liberty Steel suspends a blast furnace in Ostrava and Galati
Liberty Steel subsidiaries Liberty Ostrava, based in the Czech Republic, and Liberty Galati, based in Romania, have suspended one blast furnace each. Blast furnace No. 3 at the Ostrava plant was temporarily suspended on 23 October, as demand for steel in Europe...