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Steel: Chinese exports hit 7-year highs
China's finished steel exports in the January-October period reached the highest level since the same period in 2016, according to Chinese customs data on 7 November, a development that is due to weak domestic demand and rising production. According to market...
Aluminium: German industry faces unprecedented challenges as production slump persists
According to a report by Aluminium Deutschland (German Aluminium Association), Germany experienced a significant drop in aluminium production in the third quarter of the year. At smelters, the production volume of primary aluminium fell by almost 50 per cent, while...
Copper and cobalt: supplies from Congo blocked by truckers’ strike
Copper and cobalt produced by companies, including Glencore and CMOC, are blocked in Kolwezi, Democratic Republic of Congo (DRC), due to a truckers' strike that started in late October. Already 2,700 trucks carrying about 89,000 tonnes of copper are stranded in...
Bauxite: Suriname project could attract interest from Indian and Chinese companies
Indian, Chinese and Middle Eastern companies have informally expressed interest in participating in a bauxite project in the jungle of western Suriname that could attract billions in investment. The South American country hopes to obtain a concession for bauxite, the...