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Coal: Russian exports fall in Q1 2022
According to the head of the Russian Energy Ministry's Coal Industry Department, Petr Bobylev, Russia has reduced coal exports in January-April. Especially in March and April, there was a decrease in export volumes of more than 20% year-on-year. Since the beginning of...
Steel: impact of China’s production reduction policy
On 19 April 2022, the National Development and Reform Commission said it will continue to reduce crude steel production across the country to ensure that crude steel production does not increase year on year. According to statistics from the National Bureau of...
Copper: BHP cuts production outlook
BHP Group Ltd has cut its annual copper production outlook as operations at its Escondida project in Chile took a hit due to protests by workers and environmental activists, as well as labour shortages due to rising cases of COVID-19. Chile, the world's leading copper...
Tata Steel closes business ties with Russia
Tata Steel has decided to stop doing business with Russia amid the military invasion of Ukraine, becoming the first global steel company to cut ties with Russia. Tata Steel has no operations or employees in Russia. The company has made a conscious decision to stop...