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Aluminum: Yunnan calls on manufacturers to reduce electricity consumption
China's southwestern province of Yunnan this week ordered electrolytic aluminum producers to reduce electricity consumption. Yunnan's decision is another sign that soaring energy prices are having a major impact on aluminum production worldwide, although domestic...
Metal scrap: German associations ask government to be included in energy subsidy program
The German recycling industry wants to be included in the list of sectors eligible for energy subsidies, said Bernd Meyer, head of public relations and public affairs. In a joint statement, Germany's four major recycling associations-BDE Bundesverband der Deutschen...
HRC steel: EU mills offer discounts due to low demand
HRC (Hot Rolled Coils-Northwest Europe) prices fell 1.40 percent on Sept. 12, to 803 euro/mt, with discounted volumes available from northern mills due to low demand. However, buyers have expressed doubts about the durability of the cheapest bids, as mills are...
Russian aluminum and nickel: EU and US increase imports
The European Union and the United States have increased their purchases of key industrial metals from Russia, data show, despite logistical problems caused by the war in Ukraine and tough talk about starving Moscow of foreign currency revenue. The metal shipments...