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Tin: Wa State of Myanmar announces suspension of mining from August
Wa State in Myanmar announced the suspension of mining operations as of 1 August 2023. According to ITA estimates, this would account for about 10 per cent of the world's supply of tin concentrate. The document issued on 15 April 2023 by the Wa State Central Economic...
Aluminium: Trimet Aluminium receives gas from ArcelorMittal
Trimet Aluminium will in future operate its production plant in Gelsenkirchen with hydrogen-rich energy gas from ArcelorMittal's plant in Bottrop. According to Trimet, the gas produced during coke production contains more than 60% hydrogen and therefore releases...
Stainless steel: imports from Russia increased by 84% m/m in March
According to a statement issued by Russia-based SpetsStal Union, Russian stainless steel imports amounted to 39,940 tonnes in March this year, up 84% from the previous month. In the month under review, imports of cold-rolled stainless steel increased by 87% on a...
Tin: prices rise more than 10 per cent following mining ban talks in Myanmar
Tin prices jumped Monday to their highest in almost two months following rumours of a potential mining ban in Myanmar, the main producer of the ore. The most-traded May tin contract on the Shanghai Futures Exchange jumped 11.9 per cent to 218,580 yuan ($31,815.20) per...