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The three-month nickel price on the London Metal Exchange was the biggest underperformer during morning trading on Thursday July 16, with the market facing risk-off pressure amid a recent oil spill from a large producer, while fresh stock withdrawals failed to stem a downward correction in the LME copper price.
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Fastmarkets has refined the names of its global aluminium wheel alloy silicon 7 ingot premiums to reflect the product’s usage in the market.
New demand for cobalt that comes with the transformation to the new-energy economy also means a fresh way of doing business.
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In Hotter Commodities, special correspondent Andrea Hotter cuts to the chase on the biggest stories impacting the natural resources sector, what it means for the markets, the key risks and opportunities.
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