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Top stories from Metal Bulletin
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China nickel premiums rise again
Spot nickel premiums rose by $30 this week, as falling LME nickel prices made import profitable."
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NSL sells first iron ore to Indian domestic market
Australian iron ore miner NSL Consolidated has made its first iron ore sales to the Indian domestic market, the miner said in a statement on Friday May 18. "
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Krakatau Steel secures $450m loan to build 1.2m tpy blast furnace
Indonesia’s Krakatau Steel has secured loans totalling $450 million to help finance the construction of a $600 million, 1.2 million-tpy blast furnace, a company official said."
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New coal terminal in South Africa would be welcome boost for exporters
A new South African coal terminal proposed by the country’s main freight logistics company, Transnet, could cut distribution costs and help ease bottlenecks at existing terminals, producers told Metal Bulletin this week. "
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Ruukki signs mine-wagon shell plates contract
Finnish steelmaking group Rautaruukki has signed a contract with Sweden-based rolling stock manufacturer Kiruna Wagon to supply steel plates for wagons to be used at the company’s iron ore mine in Pajala, Sweden, Ruukki said on Friday May 18. "
