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Aluminum: Glencore delivers Russian-origin material to LME
According to sources with direct knowledge, Glencore has reportedly delivered significant quantities of Russian-origin aluminum to the London Metal Exchange's registered warehouses in Gwangyang, South Korea. The deliveries to the LME warehouses highlight the...
Precious metals: high interest rates cause risks to industry investment
The overall performance of the precious metals market is positioned in the negative side, due to high interest rates, fears of recession and slowing economic activity. As a result of the current economic climate, investors have sought precious metals for investment...
HRC steel and Inox: the European market remains stable despite a decrease in supply
The European hot-rolled coil market remained quiet on Monday, Oct. 17, with discounts granted by some suppliers not stimulating trading activity. Some producers reduced bids last week to fill gaps in their order books. Nevertheless, trading activity in the region...
Steel: Chinese rebar production hits one-and-a-half-year low
Rebar production from China's major steel mills declined for the third consecutive week from Oct. 6 to 12, albeit at a steeper pace, down 2.6 percent, or 77,300 tons, from the previous week's 0.5 percent drop, to touch a 1.5-month low of 2.93 million tons. Steel mills...