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The Copper Revolution: Nornickel and China Copper Plan Joint Venture in China
In a bold and unprecedented move, Nornickel, the Russian mining giant, is negotiating with China Copper to form a joint venture that would allow Nornickel to relocate its entire copper smelting base to China. This move, if confirmed, would mark the first relocation of...
Steel and Aluminium: US and Mexico Strengthen the Fight Against Tariff Circumvention
The United States and Mexico on Wednesday announced new steps to counter the circumvention of US duties on steel and aluminium by China and other countries shipping products through Mexico. The implementation of a North American "melt and pour" standard for steel...
Aluminium Import Dynamics in the United States in the First Quarter of 2024
According to the United States Geological Survey, the United States imported 1.36 million tonnes of aluminium (including scrap) in the first quarter of 2024, ending 31 March. This figure represents an annual increase of 6.25 per cent compared to the 1.28 million...
China and Copper: An Uncertain Future between Opportunities and Challenges
China, the world's largest buyer of copper, once again holds the keys to the copper market's fate as the world waits for the Asian giant to overcome its real estate problems and join the bullish rally. However, signals from the market are mixed to say the least. Mixed...