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Steel: Ukrainian exports of semi-finished products fall in October
According to official data released by the Customs Service, Ukraine's sales of semi-finished products by local producers to foreign markets fell in October this year. Producers' profits also declined due to weakening global steel prices. The Ukrainian steel sector is...
CBAM: Japanese industry expresses apprehension about implications of EU measures
During a recent meeting between the European Commission and Japanese industry representatives to discuss the EU's Carbon Border Adjustment Measures (CBAM) for steel and aluminium, the Japan Iron and Steel Federation (JISF) highlighted the industry's concerns. The...
Indonesia and Freeport will finalise investment and mining permits by the end of November
President Joko Widodo said discussions between Indonesia and US miner Freeport McMoran on the government's plan to increase its stake in its Indonesian unit and the extension of its mining permit should be finalised by the end of November. According to a statement...
Copper: prices supported on lower-than-expected US inflation
Copper prices are reacting on the back of new financing to stimulate the Chinese real estate market while the dollar has weakened on a lower than expected US inflation figure. This is driving interest rates and the US currency, affecting demand for dollar-priced...