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Tin: price tops $/ton 40,000
Indonesia could halt tin exports in 2024 as part of its ambitions to attract investment in downstream processing and manufacturing to the Asian nation. The news sent the metal, widely used in the electronics industry, to a new record high, with three-month contracts...
Zinc: Europe’s most important mine stops production
Swedish company Boliden announced Wednesday that it has halted production at its Tara mine in Ireland, Europe's largest zinc mine, due to increased water flows in the operation. Water began flooding the underground mine as a crew was drilling a pilot hole for a...
Copper: update – break up of the trigger line at 9750 $/ton
As written in the previous article (read here) copper prices have completed the double minimum and at the moment are in the process of breaking the trigger line at $9,750/ton. The current movement may extend the rebound in the short term towards the next targets...
Ferrous scrap: Chinese imports drop 55% in October for the third month
China’s recycled steel raw materials, or ferrous scrap import volumes, in October 2021 fell for the third month in a row. The world’s top steel producer imported 9,152 metric tons of ferrous scrap in October compared to 20,519 metric tons in the previous...