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Copper: Codelco has been hit by a fatal accident
Codelco, the Chilean state-owned company struggling to maintain its title as the world's largest supplier of copper, is set to experience a drop in production as operations slowly resume after a fatal accident at one of its mines. "There will probably be a slight...
Global shipping, insurance, crew wages on the rise with Israel’s attack on Iran
According to shipping operators, freight rates, insurance and wages of global shipping crews are likely to increase significantly in the short term after Israel launched a retaliatory missile strike against Iranian territory. From market information, ongoing cargoes...
Semiconductors: could the Taiwan earthquake impact production?
Reports indicate that the earthquake that struck Taiwan on April 2 is unlikely to create supply or production difficulties for semiconductors (microchips) in Taiwan, which could then impact the automotive sector and steel prices. "I have not heard of any impact on the...
European industry complains about red tape and lack of incentives for transition
The EU needs to cut red tape and reward companies that meet emission reduction targets to incentivize costly investments in decarbonization, said participants at the Industry in Transition conference held this week in Katowice. Stefan Moritz, secretary general of the...