11
Feb
15:13
NICKEL, COPPER: Nornickel increases revenue, outlook positive
Russian miner Nornickel’s consolidated revenue increased in 2021 amidst higher metal prices, which have positively offset production losses caused by industrial incidents at the company’s production sites last year.
For this year, the enterprise expects nickel market to swing to a surplus but copper production to fall due to high demand.
In 2021, revenue increased by 15% on-year to $17.9 billion, Kallanish notes. Ebitda increased 37% …
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Anonymous
Very good overview of the weekly steel market.
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