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Steel: increasing EAF capacity utilisation in China

Steel: increasing EAF capacity utilisation in China

As of 9 September, the capacity utilisation rate of many of China’s independent electric arc furnace (EAF) steel mills recovered after a two-week decline, rising 2.74 percentage points to 63.14%, as some EAF mills in eastern and southwestern China returned to...
Copper: Codelco’s wage agreements ease supply tensions

Copper: Codelco’s wage agreements ease supply tensions

Workers at a Codelco mine in Chile have agreed to end a strike while union members at a BHP group mine have agreed to a new wage proposal, easing labour tensions in the copper-producing nation. Codelco reached an agreement to end a strike lasting more than three weeks...
Iron ore: price drops to 11-month low

Iron ore: price drops to 11-month low

The price of iron ore fell to an eleven-month low on Thursday amid concerns that the global economic recovery is slowing. The price of iron ore fell 40 per cent from over $220 in July, mainly due to lower imports by China following its move to control steel production...
Commodity Evolution
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