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Nickel: Indonesia’s export ban could harm itself and the global economy
Until recently, nickel accounted for about one-tenth of global supply. But Indonesia boasts the world's largest nickel reserves and is already the largest producer. Now that Russian nickel faces sanctions, Indonesia may be at an advantage as buyers compete for a...
Copper: deficit reduced to 475,000 tonnes in 2021
According to the International Copper Study Group (ICSG), the global refined copper market showed a deficit of 92,000 tonnes in December, compared to a deficit of 123,000 tonnes in November. For the year as a whole, the market reported a deficit of 475,000 tonnes,...
Steel: ArcelorMittal removes Russian products from the supply chain
ArcelorMittal SA, Europe's largest steel producer, has removed Russian raw materials from its supply chain after the invasion of Ukraine. Governments and companies across Europe are trying to reduce their dependence on Russia, driving up energy and raw material...
Zinc: Nyrstar’s Auby smelter resumes production at reduced rate
Auby's Nyrstar zinc operations in northern France will resume production at reduced capacity in the coming weeks after being placed on "care and maintenance" status in January in response to high energy prices. Production cuts in Europe, supply concerns and shortages...