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Global insight

UK to ban Russian diamonds, copper, aluminium and nickel in Fresh Round of Sanctions

(Reuters) - Britain's Prime Minister Rishi Sunak plans to announce a ban on Russian diamonds and imports of metals from Russia including copper, aluminium and nickel in support for Ukraine, his government said in a statement.

Monday, May 22, 2023

FNI: plan to export 6.5 million wet metric tons of nickel ore

"We expect a year of increased production, focused operational execution, and additional exploration drilling at our mine sites. Specifically, we plan to export 6.5 million wet metric tons (WMT), including 5 million WMT from Cagdianao and 1.5 million WMT from ...

Monday, May 22, 2023

Vale gets offers for stake in base metals unit

Brazilian miner Vale SA received binding offers for a stake in its base metal unit, local newspaper Valor Economico reported on Thursday, citing unnamed sources.

Friday, May 19, 2023

Worldstainless: Global stainless steel consumption is expected to be 3.6% in 2024

Worldstainless expects global consumption of stainless steel to be at 0.0% in 2023 and at 3.6% in 2024. Only minor changes in global meltshop production by main grade in 2022 recorded.

Friday, May 19, 2023

WBMS: A global surplus of 5,600 tons of refined nickel in March 2023

May 17 - The latest report released by the World Metal Statistics Bureau (WBMS) shows that in March 2023, the global refined nickel production was 233,100 tons, and the consumption was 227,500 tons, a supply surplus of 5,600 tons. Global nickel ore production ...

Friday, May 19, 2023

Vietnam approves plan to cut power output from coal-fired plants

The plan showed Vietnam would double its power generation capacity to more than 150 gigawatts by 2030 from 69 gigawatts at the end of 2020.

Friday, May 19, 2023

Vietnam approves plan to cut power output from coal-fired plants

Market participants say this would be feasible for the province because it is rich in coal and iron ore resources.

Thursday, May 18, 2023

Hoa Phat steel sales hit 457,000 tonnes in April

Hoa Phat steel sales hit 457,000 tonnes in April.

Thursday, May 18, 2023