Loading
Steel: Chinese exports fall in February
China's steel exports fell 11% to 3.91 million tonnes in February 2022 from 4.33 million tonnes in January 2022. Total exports in January-February 2022 fell 19% to 8.18 million tonnes year-on-year against 10.14 million tonnes in the same period in 2021. Although...
Copper: $100bn investment needed to meet demand
The global copper industry needs to spend more than $100 billion to build mines capable of closing what could be an annual supply gap of 4.7 million tonnes by 2030. The supply gap for the next decade is estimated at six million tonnes a year as the clean energy and...
Iron ore: price extends rally on expectations of post-lockdown demand from China
Iron ore prices rose on Wednesday as markets expect robust supply demand in China when covid-19 restrictions are removed. Prices rose despite China’s Dalian Commodity Exchange increasing trading limits and margin requirements for some of its futures products,...
Copper: former Chilean energy minister appointed new chairman of Codelco
Chilean President Gabriel Boric on Wednesday appointed former Energy Minister Maximo Pacheco as the new chairman of the board of directors of state-owned mining company Codelco, the world's largest copper producer. Pacheco served as energy minister from 2014 to 2016...