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Guinea At The Center Of Alumina: Chalco Invests 1.68 Billion Dollars And Strengthens The Bauxite Chain
Guinea is preparing to take a new step in the transformation of its mining industry. After years in which the country has been above all a major exporter of bauxite, the national strategy now aims to move up the aluminium value chain, attracting investments in alumina...
European Long Steel Stalled: Rebar And Wire Rod Remain Stable Amid Weak Demand And Slow Construction Sites
The European long steel market continues to move in a phase of fragile balance. In the week to Wednesday May 27, domestic prices for reinforcing bar remained substantially unchanged, while weak demand prevented the market from accepting attempts by Italian producers...
US Flat Steel Higher: CRC And Galvanized Rise Amid Tight Supply, Solid Demand And Long Lead Times
The US market for cold-rolled and galvanized flat steel continued to strengthen in the week ended Thursday May 28, with new increases for cold-rolled coil and hot-dipped galvanized steel. The market tone remains bullish in the near term, supported by a combination of...
Chinese Ferrosilicon Higher: The Shanxi Mining Accident Pushes Costs, Futures And Export Prices
The Chinese ferrosilicon market recorded an increase in the week to Wednesday May 28, after a serious accident at a coal mine in Shanxi province, one of the key areas for the country’s coal production. The event, which caused the death of 90 people, triggered an...