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Nickel: Indonesia could influence price direction
Many market analysts expect nickel prices to remain low for the foreseeable future. After the LME nickel squeeze and because of the war in Ukraine, global supply continues to decline. Adding to these problems is the expectation that the current nickel surge in...
Tin: high volatility for prices in 2022
After an almost two-year bullish trend in the tin market, the price has taken a bearish turn. Fueled by the pandemic, the price of tin reached all-time highs. However, buyer exhaustion soon overtook the market, causing prices to fall. Like many other metals, tin...
Italian steel mills resume operations in October thanks to new energy decree
Many Italian steel mills are restarting production thanks to a small and gradual recovery in apparent demand and a decree, called "Aiuti ter," issued to help energy-intensive companies such as steel mills and large re-rollers. Some Italian steel mills with electric...
Aluminum and nickel: possible LME ban ignites price rebound
Aluminum and nickel jumped today, with buying triggered by the possibility that the London Metal Exchange (LME) will ban the new Russian metal from the list of brands that can be delivered against the exchange's contracts. Benchmark aluminum rose more than 8.5 percent...