RANKED: Top 20 automakers by EV battery metal spending
Value of the graphite, lithium, nickel, cobalt and magnesium contained in EV batteries is up 38% from the lows struck in January.
MOSCOW-MMK, one of Russia’s largest steel producers, has postponed a decision on the restart of hot-rolled steel production at its Turkish plant because of general market uncertainty, the company said on a conference call on Friday.
The company will consider restarting the MMK Metalurji complex in mid-2019, it added.
(Reporting by Diana Asonova; Writing by Polina Devitt; Editing by David Goodman and Jan Harvey)
