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An overview of the battery raw materials markets and their price moves from the past week.
The base metals and broader markets are upbeat this morning, Friday April 17, with equity indices and metals prices showing strong gains – this despite some grim data out of China this morning, which suggests the markets may have been expecting even worse data.
Import prices for bulk cargoes of deep-sea ferrous scrap in Bangladesh rose by $25 per tonne over the week to Thursday April 16 amid low availability.
Rio Tinto has cut its 2020 copper production guidance due to the Covid-19 pandemic and an earthquake last month at its Kennecott operations in the US state of Utah.
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