As a result of this, many big Indian steel conglomerates such as Tata Steel, JSW Steel and ArcelorMittal Nippon Steel were installing a number of scrap-consuming EAFs.

Magna Mining (TSXV: NICU) and Glencore Canada have signed an agreement to treat ore from the Crean Hill nickel-copper surface bulk sample of the 109 footwall at Glencore’s Strathcona mill in Sudbury, Ontario.

Using helicopter sling methods, they performed defect elimination tasks and installed distributed fault diagnosis devices on the ±800kV Tianzhong Line.

They highlighted that the relaxation of the requirement on the utilization rate of new energy may create about 74 gigawatts of new installations, bringing multiple benefits to key sectors.

The number of warehouse receipts was 16256 lots (81280 tons), and 704 lots (3520 tons) were valid for the number of warehouse orders.

Australian Vanadium strengthens team to boost vanadium flow battery adoption

The total trading volume of 2409 contract on the exchange was 1337746 lots, with a turnover of about 51456.1111 million yuan.

In 2024, Nornickel expect the nickel market to sustain a surplus of around 100 kt Ni (vs 190+ kt forecasted for the year in the previous issue of our report), with the most of it still represented by low-grade nickel.