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Nickel: UK regulator blocks LME plan to restart trade in Asian hours
Britain's financial regulator is blocking the London Metal Exchange's restart of nickel trading in Asian hours because of doubts about the LME's ability to run an orderly market in that time slot. The world's largest metals exchange was forced to suspend all nickel...
Gold: Indian imports plummet 79% as prices rise
India's gold imports in December plummeted 79 percent from a year earlier, reaching the lowest level in at least two decades, due to a rise in local prices near all-time highs that dampened demand. Falling imports from the world's second-largest consumer of the...
Steel: Turkey’s Tufan Metalürji will start billet production in 2024
The Turkish Ministry of Environment and Urbanization has announced that the environmental impact assessment (EIA) application submitted by Turkish company Tufan Metalürji for its smelter project in Adana has been reviewed and the environmental impact assessment...
China steel industry PPI index falls 14.7 percent in December
In December last year, the producer price index (PPI) for the ferrous metal smelting and rolling industry fell 14.7 percent year-on-year, a slowdown of 4.0 percentage points from November last year and an increase of 0.4 percent month-on-month, according to data...