Highlights Platts Analytics sees only long-term risk to development Similar measures in Democrats’ reconciliation bill go further The Biden administration’s proposed reforms to federal oil and gas leasing could raise costs to drillers and potentially shrink available acreage, but the expected production impact continues to
Nornickel targets higher nickel supply to European battery market from Finland's Harjavalta refinery
Highlights Expand Harjavalta to 100,000 mt/year by 2026 from current 65,000 mt/year 2021-30 capex rose to $35 billion to also increase concentration, smelting capacity Nickel market to move into modest surplus in 2022 Major nickel, copper and platinum group metals producer Norilsk Nickel is aiming
Highlights Demand from major consuming sector weakens Vehicle output almost halves in September Japan’s aluminum demand fell 3% year on year to 313,200 mt in September, data released by the Japanese Aluminum Association showed Nov. 29, a development caused by the significant drop in consumption
China’s silicon metal exports in 2021 are expected to rise 23% on the year, while domestic demand is also set to increase in the first quarter of 2022, state-run metal consultancy Antaike said Nov. 29. Not registered? Receive daily email alerts, subscriber notes & personalize
Highlights Weakest October production since 1956 30.9% of total output comprised electric vehicles The UK auto sector produced 64,726 vehicles in October, down 41.4% year on year to the weakest October since 1956 due to the ongoing semiconductor shortage leading to production stoppages, according to
The same fire that melts the butter hardens the egg. That “same fire” in Western Pennsylvania, the birthplace of American steel, was President Trump’s Section 232 tariffs. They hardened the barrier against steel imports while melting the aspirations of steelmakers who were relying on imports.