Before we head into the weekend, let’s take a look back at the week that was and some of the metals storylines here on MetalMiner:
- Many are hoping for a return to a heavy mining presence in the Indian state of Goa.
- Could we be 0n the brink of a new Cold War?
- Norsk Hydro announced plans to restart its Alunorte alumina refinery, capping a topsy-turvy week for the aluminum price.
- Razor blade maker Gillette received a positive response to its tariff exclusion request and Century Aluminum signed a new power contract that will see to its Charleston plant remaining open through at least 2020.
- The Chinese city of Tangshan ordered steel mills to curb production over the next week, Novelis broke ground on an automotive aluminum plant in China and AK Steel won a $1.2 million award from the Department of Energy to help conduct research on lightweight steel for automotive use.
- In case you missed it, we concluded this month’s round of Monthly Metals Index (MMI) reports this week, with coverage on:
- The London Metal Exchange is introducing new contracts amid competition from the CME and SHFE.