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Primary aluminium: rapid safety measures averted a serious fire risk at the Rusal smelter in Siberia
In the aluminium industry, where dreams of progress and innovation merge, the Russian giant Rusal stands like an imposing titan beyond the shadow of China. A recent fire at the Krasnoyarsk smelter, the central hub in Rusal's colossal arsenal, briefly threatened the...
Disturbance in the Red Sea causes production stoppage at Tesla’s Gigafactory in Berlin
Tesla is facing an interruption of car production at its plant in Gruenheide, near Berlin. The interruption, from 29 January to 11 February, is due to the Red Sea crisis, with Iranian-backed Houthi militants targeting ships, causing a shift in shipping routes. This...
Growing global steel overcapacity raises concerns for the coming years
According to the OECD's January report, the growth in global steel overcapacity is expected to match that of 2014, at the start of the last steel crisis. Steel capacity is expected to grow for the fifth consecutive year to reach 2.49 billion tonnes by the end of 2023,...
Aluminium: shares of Russian material in LME warehouses rise to 90 per cent after UK restrictions
The share of available stocks of Russian-origin aluminium in London Metal Exchange (LME)-approved warehouses rose to 90.4 per cent in December from 78.8 per cent in November, according to data published on the exchange's website on Wednesday. The increase follows...