Nickel: new scandal for the LME
The London Metal Exchange (LME) has discovered in a Rotterdam warehouse bags of stones instead of the nickel that was the basis of a handful of its contracts, in a revelation that will deal another blow to confidence in the struggling exchange. The quantity of metal...
Metal scrap: EUROFER insists scrap should be added to the list of critical raw materials
The European Commission has proposed the Net-Zero Industry Act to increase the production of green technologies in the EU. With the said law, the competitiveness of net zero technologies in the EU will increase and the energy system will become more sustainable. It...
Aluminum: Southeast Asia may be the key to Chinese smelters’ production problems
China's major aluminum smelters are looking to shift some of their production capacity abroad, especially to Indonesia, as they grapple with a domestic capacity cap and power shortages in the southwestern part of the country. Such a move would also be timely, as...
Coal: China lifts ban imposed on Australia
China has completely lifted the ban on "unofficial" coal imposed on Australia from the end of 2020. This ban led Australian exporters to turn to the Indian market and China to increase imports of cheaper coking coal from Russia and Mongolia. Although Australia has...
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