WTO backs EU in dispute with Indonesia over nickel ore ban

Published by
ScrapPrices

Published on November 30,2022 08:00 AM Metals

The World Trade Organization recommended on Wednesday that Indonesia change measures including a ban on nickel ore exports in a dispute with the European Union.

WTO backs EU in dispute with Indonesia over nickel ore ban

GENEVA, Nov 30 (Reuters) - The World Trade Organization recommended on Wednesday that Indonesia change measures including a ban on nickel ore exports in a dispute with the European Union.

The EU launched its initial complaint in November 2019 against the export restrictions on raw materials, notably a ban on exports of nickel ore as well as a domestic processing requirement for nickel and other inputs that are used to make stainless steel.

MORE METALS NEWS

April 19,2024 08:00 AM

Gold on track for weekly rise as Middle East risks loom

Gold prices held firm on Friday, on track for a fifth consecutive weekly rise, as fears of further tit-for-tat retaliation between Iran and Israel triggered safe-haven demand.

April 18,2024 08:00 AM

Gold surges as escalating Middle East tensions bolster demand

Safe-haven gold gained on Thursday as persistent tensions in the Middle East added to the metal's appeal despite robust economic data from the U.S. that raised prospects of fewer interest rate cuts.

April 17,2024 08:00 AM

Copper producer Aurubis to grow organically rather than through deals, CEO says

Aurubis (NAFG.DE), opens new tab, Europe's largest copper producer, plans to eschew large acquisitions and instead build a network of recycling facilities across the globe as part of its focus on organic growth, its CEO said on Wednesday.

Useful Links

More scrap news

Scrap Metal Prices

Subscribe Premium