13
Feb
14:24
Nornickel’s 2022 revenue falls amid lower sales, outlook positive
Russian miner Nornickel’s consolidated revenue decreased in 2022 amidst a decline in metal sales volume driven by logistics disruptions and reorientation of sales to new markets that require additional time.
For this year, the enterprise expects the nickel market to swing to a surplus but copper production to be neutral in the mid-term and more positive in the long-term.
In 2022, revenue decreased by 5% on-year to $16.9 billion, Kallanish notes. …
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Anonymous
Very good overview of the weekly steel market.
Anonymous