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Steel: falling Chinese demand puts steel mills in a bad mood
Steel stocks are slowly piling up in warehouses in the country's largest steel hub, the northeastern city of Tangshan, and in Jiangsu and Shandong provinces. Demand for steel is declining due to pandemic closures and the paralysis of construction activity. Steel, a...
Commodities: which ones will be most affected by a likely Russia-Ukraine conflict
According to Wood Mackenzie, trade dislocations due to sanctions, high energy prices and disruption of production facilities in the conflict zone are three major threats to the metals and mining industry. Vice President Robin Griffin says Russian trade has typically...
Copper: BHP’s Cerro Colorado mine affected by additional water measures
BHP reported Wednesday that it will modify operations at its Cerro Colorado copper mine in northern Chile to reduce the impact of a new ruling that prevents the company from drawing water from a nearby aquifer for 90 days. The world's largest miner reported that...
