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Voestalpine

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European stocks bounce off lowest in more than a year after Powell remarks

(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window) * Wall Street turns positive, helping sentiment * Oil majors slide as crude dives * Defensives gain, capping losses * ArcelorMittal, other steel makers fall on JPM downgrade (Updates to close) By Sruthi Shankar and Susan Mathew June 22 (Reuters) - European stocks bounced off session lows on Wednesday after Federal Reserve Chair Jerome Powell said the U.S.
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Carmakers face soaring metal costs with Russian supplies at risk

By Nick Carey and Christina Amann LONDON, March 8 (Reuters) - Saving up for a new ride? Better start putting more cash aside. Russia's invasion of Ukraine is ramping up the price of metals used in cars, from aluminium in the bodywork to palladium in catalytic converters to the high-grade nickel in electric vehicle batteries, and drivers are likely to foot the bill.
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Carmakers face soaring metal costs with Russian supplies at risk

(Removes extraneous word from the second paragraph) By Nick Carey and Christina Amann LONDON, March 8 (Reuters) - Saving up for a new ride? Better start putting more cash aside. Russia's invasion of Ukraine is ramping up the price of metals used in cars, from aluminium in the bodywork to palladium in catalytic converters to the high-grade nickel in electric vehicle batteries, and drivers are likely to foot the bill.
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Voestalpine says production supplies secure for the coming months

VIENNA, Feb 24 (Reuters) - Austrian specialty steelmaker Voestalpine VOES.VI said on Thursday it was difficult to assess the impact of the current situation in Ukraine on supplies for production but that they were secured by its own inventories for the coming few months. "We have already prepared as best we can for various scenarios over the past few weeks," a spokesperson for the company told Reuters.
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