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Before we head into the weekend, let’s take a look back at the week that was here on MetalMiner:

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  • Rio Tinto’s massive Dunkerque aluminum smelter is possibly set to change hands — to a familiar buyer, our Stuart Burns writes.
  • A tight nickel market has seen prices of the metal soar in recent weeks.
  • India’s state-owned National Aluminum Company is thinking big with a little more revenue in the bank for projects.
  • In case you missed it, we released our January Monthly Metals Index (MMI) Report earlier this week.
  • China is often the focal point in U.S. discussions of potential trade remedies vis-a-vis metals imports — but should that be the case?
  • Fitch recently warned of upcoming rate rises.
  • Burns again touched on that recent superstar, zinc — how much higher can it go? For context, LME primary cash zinc hovered around $2,723/metric around this time last January, according to MetalMiner IndX data — meanwhile, yesterday the metal hit $3,444/mt.
  • The U.S. International Trade Commission voted last week to continue the anti-dumping and countervailing duty investigations of common alloy aluminum sheet from China. As can often be the case, reactions to this are mixed within the domestic industry.
  • Sticking on the trade case front, the U.S. Department of Commerce made a preliminary ruling on steel flanges from India and China.
  • Steel has gotten off to a strong start this calendar year, our Irene Martinez Canorea writes.

Free Download: The January 2018 MMI Report

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This morning in metals news, China ramped up its aluminum output in December, British police are looking into allegations of pension fraud against steelworkers and India considers a plan to have its steel ministry oversee iron ore and coal operations.

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Chinese Aluminum Output in December

China upped its aluminum output to close 2017, jumping back up to its highest total since June 2017, Reuters reported.

According to the report, China produced 32.27 million tons of aluminum last, up 1.6% from 2016, per National Bureau of Statistic Data.

British Police Look Into Possible Pension Fraud

According to the Financial Times, police in south Wales are looking into allegations that some Port Talbot steelworkers have been victims of pension fraud.

The complaints were put forth by the British Steel Pension Scheme.

Iron Ore, Coking Coal Mining to Steel Ministry?

India is considering transferring control of iron ore and coking coal mining to its steel ministry, Bloomberg reported, in an effort to boost the country’s burgeoning steelmaking industry.

MetalMiner’s Annual Outlook provides 2018 buying strategies for carbon steel

A shift in regulatory oversight from the mines and coal ministries to the steel ministry requires approval from the prime minister’s office and the ministries, according to the report.