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Steel: Metinvest stops operations in Mariupol and Avdiivka
Ukraine's Metinvest Group recently announced a 31% year-on-year decrease in crude steel production for 2023, citing Russia's invasion of the country as the cause. On 16 February, the company announced its decision to stop steel production activities at its Mariupol,...
Nickel: Fortescue urges LME to separate contracts
The London Metal Exchange (LME) should classify its nickel contracts into "clean" and "dirty" to give customers more choice, Australian iron ore magnate Andrew Forrest said on Monday. The comment by Forrest, chairman and founder of Fortescue Metals Group is part of a...
Polyolefins: price increase forecasts prevail in Poland
Market activity in Poland slowed down this week. Customers who needed volumes already made purchases at the beginning of the month. Others postponed purchases believing that prices will not remain at this level for long. As a reminder, HDPE, LDPE and LLDPE have...
Alcoa makes $2.2 billion bid for Australian partner Alumina Ltd
US aluminium producer Alcoa Corp. has made a $2.2 billion bid to acquire Australian joint venture Alumina Ltd. in order to consolidate ownership of key upstream assets ahead of an increase in long-term demand for the metal. The offer represents a premium of about 13...