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Crude steel: production in Germany fell by 4.1% in January-October
According to data released by the German steel federation Wirtschaftsvereinigung Stahl (WV Stahl), Germany's crude steel production amounted to 2.88mn tons in October this year, down 8.8% year-on-year. In the period from January to October this year, the country's...
Nickel: Korea’s Zinc-Trafigura refinery will expand MHP supply in East Asia
The Korea Zinc-Trafigura Refinery will use an integrated hydropyro process to produce a range of commodities, including nickel matt and mixed hydroxide precipitate (MHP). The refinery will be built through Korea Zinc's nickel sulphate subsidiary, Korea Energy...
Copper: price falls from two-month highs as dollar finds support
Three-month copper prices in London fell from two-month highs on Wednesday due to the strengthening US dollar and renewed economic risks, although losses were limited by the solid supply and demand outlook. Three-month copper on the London Metal Exchange (LME) fell...
UAW union reaches final agreement with Detroit automakers
The US union United Auto Workers (UAW) announced that its members at Ford, General Motors, and Stellantis have ratified the previously signed tentative agreements, thus ending negotiations between the UAW and the Detroit automakers. The agreements with the automakers...