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Steel: Red Sea crisis spares Germany
The German steel industry has not yet been significantly affected by the interruption of shipping in the Red Sea caused by Houthi and pirate attacks on ships trying to access the Suez Canal. Many ships have chosen to take the longer route around the Cape of Good Hope,...
Zinc: demand dominates market mood
Until demand for zinc recovers significantly and the market stops focusing on expected surpluses of the metal used for galvanising steel, price rallies triggered by production cuts are unlikely to be sustained. On 15 January, Nyrstar announced the suspension of...
Aluminium: will electric cars be an advantage or a threat to European industry?
Will electric cars be an advantage or a threat to the European aluminium industry? This is a question that the aluminium industry continues to ask. According to a study by European Aluminum, in 2022 the average European electric vehicle will contain 283 kg of...
Nickel: Australian producers fall victim to a supply shortage
The sharp fall in nickel prices over the past year, driven by rising Indonesian supply, has hit Australian nickel producers, leading to mine closures, production cuts and devaluations in recent months. Australia is the world's fifth largest producer of mined...