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2024 September: downturn in Italian steel production and signs of slowdown in hot-rolled steel
In September 2024, the Italian steel sector showed signs of slowing down, with a year-over-year contraction in production involving all major segments. The most recent data reveal a significant reduction in steel production, long products and flat products,...
Expansion and Rivalry in the Copper Sector: BHP and Antofagasta Push Production Between Global Challenges and Growth Opportunities
The global copper mining industry is in turmoil, with giants such as BHP and Antofagasta accelerating production in response to growing global demand for raw materials critical to the energy transition and technological development. Although the two companies operate...
Freeport McMoRan postpones sales of refined copper from Indonesia until second quarter 2025
U.S. mining giant Freeport McMoRan has announced that it will postpone sales of refined copper produced in Indonesia until the second quarter of 2025. This postponement is due to a fire at its new Manyar smelter, located in East Java province, which has further...
Alcoa expects fourth quarter growth in alumina segment
U.S.-based multinational Alcoa Corporation, the world's leading aluminum producer, has announced expectations for improved performance in its alumina segment for the fourth quarter of 2024. The news was announced by chief financial officer, Molly S. Beerman, during...