JSW Steel rises 2% on gas supply worries HSBC raises Tata Steel target to ₹250 British Steel to supply 120,000 mt billet to Nigeria ₹3,200 crore Tata Steel EAF starts in Ludhiana
The world's largest producer of refined nickel and palladium, Nornickel, a Russian metals company, reported a 5% decrease in nickel production to 209,000 metric tonnes in 2023.
Although Western countries have not directly targeted Nornickel in reaction to the situation in Ukraine, CEO Vladimir Potanin stated last year that sanctions had limited the company's growth.
According to Nornickel, palladium production fell 4% in 2023 to 2,692 koz. The corporation anticipated a decline in both metals' output in 2023, but palladium output exceeded expectations.
Also Read : Nomura Turns Bullish on Indian Steel, Raises Targets for JSW and Jindal Stainless India and New Zealand are collaborating to address trade barriers
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