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Big metal cuts herald faster recovery for some

Posted on 30 January 2009

From Guardian: Parts of the mining and metals industry such as ferro-chrome, iron ore and steel have slashed output on tumbling demand and prices which should stand them in good stead for an eventual upturn.

But industrial metals such as aluminium and nickel still need to do more to combat oversupply. Global ferro-chrome production has almost halved from year-ago levels and December steel output was down by a quarter because material could not find a home as demand slumped….. Full Article: Source


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