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Semiconductors: supply declines as automotive production increases
According to the European Automobile Manufacturers Association (ACEA), semiconductor supply may begin to decline in the last quarter of 2022, allowing production volumes to slowly recover. This comes after the EU increased car production by 5.8 percent year-on-year in...
HRC steel: the European market remains on standby
The European hot-rolled coil market remained on standby on Friday, November 18, and prices remained close to the cost line. HRC Hot Rolled Coils - Northern Europe stood at 625 euros/mt on Friday, November 18, in line with the previous day's prices. Buyers and...
Nickel: US sanctions target Russia’s involvement in Guatemala’s mining sector
The U.S. Treasury Department on Friday issued sanctions targeting Russian involvement in Guatemala's nickel sector. The sanctions target Compania Guatemalteca de Niquel ProNiCo and Mayaniquel, Guatemala-based subsidiaries of the Solway Investment Group. As part of the...
Copper: Ecuador’s indigenous community rejects mining after court ruling
Ecuador's indigenous Shuar Arutam people said Friday that they will not allow mining on their territory, threatening a large copper mining operation in the Andean country, after a court ruled that their rights to prior consultation had been violated. In September,...