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Car sales in China up 24% year-on-year
In June, car sales and production in China increased year-on-year by 23.8 per cent and 28.2 per cent respectively, according to the latest data released by the China Association of Automobile Manufacturers (CAAM) on 11 July. Compared to May, total vehicle sales grew...
Steel: UK Steel urges government to create political conditions for decarbonisation
The steelmakers' association UK Steel has called on the UK government to continue ongoing conversations to achieve electricity cost parity between domestic steelmakers and their EU counterparts, to introduce a carbon adjustment mechanism at the border, and to support...
Copper: Anglo American’s Quellaveco produces the first concentrate
Anglo American said on Tuesday it had started producing copper concentrate from its $5.5 billion Quellaveco mine in Peru, which is expected to produce between 100,000 and 150,000 tonnes this year. Earlier this year, the company, which holds a 60 per cent stake in the...
Steel rebar: the looming drop in Japanese prices
On Monday morning, trading for 16-25mm S295A rebar in Tokyo was trading at 121,000-123,000 yen/tonne ($883-898/tonne), unchanged since the end of April after it had increased by around 25,000 yen/tonne since January, according to sources. A Tokyo-based distributor...