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Codelco Downgrades Copper Production: Losses of 48,000 Tons in 2025 Following Tragic Accident at El Teniente Mine
Chilean mining giant Codelco has announced that the consequences of the serious accident at its flagship mine, El Teniente, will be more severe than expected. According to President Máximo Pacheco in an interview with Commodity Evolution in London, copper production...
Base Metals Steady at SHFE, But Copper Leads Gains Amid Trade Tensions and Positive Fundamentals
Base metal prices traded on the Shanghai Futures Exchange (SHFE) remained mostly stable in the morning session on Tuesday, October 14, moving within a narrow range after the sharp swings of the previous days. Among all metals, copper stood out as the main performer of...
Mexico: Canacero Supports Customs Reform to Protect the National Steel Industry From Asian Pressure
The Mexican steel association Canacero has expressed its official support for the government's proposed customs law reform, emphasizing that the measure represents a decisive step in strengthening domestic competitiveness and protecting the national steel sector from...
Turkish Flat Steel Market: Limited Demand and Regulatory Uncertainty Dampen Trade
Demand for flat steel in Turkey remained weak in the week ending Friday, October 10, amid regulatory and trade uncertainty that continues to impact purchasing decisions. According to market sources surveyed by Commodity Evolution, recent changes to the Inward...