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Australian graphite producer Syrah Resources announced overnight it will suspend graphite production at its Balama site in Mozambique from Saturday March 28.
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Global crude steel production rose 2.8% year on year in February, according to the Worldsteel Association (Worldsteel), with a strong performance from steel mills in China.
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South Africa’s andalusite producers are in the process of closing their mining operations in the country for three weeks in line with a government directive to contain the spread of novel coronavirus (2019-nCoV) in the country.
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Argentina’s lithium brine industry have announced that they will suspend their on-site project works until the end of March after the Argentinian government imposed a nationwide lockdown to stem the spread of the novel coronavirus (2019-nCoV) in the country.
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Fastmarkets will continue to provide the price data, news and analytics you rely on in these turbulent times.
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Poor availability has continued to support prices for refractory-grade bauxite over the past fortnight, while the price for white fused alumina (WFA) ticks upward and brown fused alumina (BFA) remains flat.
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Antimony trioxide prices in Europe and the United States have remained mostly steady over the seven days to Tuesday March 17, with the market staying flat and no new business activity reported.
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The United Kingdom government revealed plans to invest over £1 billion ($1.3 billion) on green transport, including £500 million for electric vehicle (EV) charging infrastructure over the next five years, in its 2020 budget announcement on Wednesday March 11.
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Tumbling oil prices and plummeting oilfield company shares are flashing a warning sign for oilfield mineral demand.
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Most antimony trioxide prices in the United States and Europe edged downward in the week to Tuesday March 10 because of weak demand. But some European market participants spoke of continuing disruptions to supply chains created by a lack of available containers for shipping.
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The Shandong provincial government in China has removed its restrictions on the resumption of industrial operations based on the individual situations of the 1,268 companies in the province, according to a recent government statement on economic development and the fight against the 2019-nCoV coronavirus infection.
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Iodine sellers were testing buyers with spot market offers above Fastmarkets' range, but the price held steady due to a lack of confirmed deals.
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Welcome to the March 2020 issue of the Metal Market Magazine, which features extended and analytical content on energy trends and steel tube and pipe products.
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The specialty alumina market continues to suffer bearish pressure of weak end market conditions and high availability, forcing suppliers to give in to price cuts to move volumes.
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Bauxite prices in China have increased again over the past fortnight on low restart rates of mining and calcination activities in producing areas, market participants said.
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