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Steel: China decides the collapse of world production
According to Worldsteel Association data, world steel production in 64 countries stood at 156.8 mt in August, down 1.4% from the same period last year. On a monthly basis there was a decline of around 3%. In summary: Africa 1.3 Mt (+38.2%) Asia and Oceania 112.7 Mt...
Cardboard: Sonoco-Alcore increases prices in EMEA region
Sonoco-Alcore S.a.r.l. has announced that due to the rapid escalation of energy costs in Europe, it will increase prices by €50/tonne on all recycled paperboard sold in the company's EMEA regions, effective 4 October 2021. The unexpected increases in energy costs seen...
Polyolefins and elastomers: final agreement signed between Sibur and Taif
The final agreement between the Russian companies Sibur and TAIF could lead to the creation of Russia's first petrochemical group, the world's fifth largest producer of polyolefins (behind Sinopec, ExxonMobil, LyondellBasell and Saudi Aramco) and elastomers. On 24...
Copper: Peru’s US$1.4 billion Tia Maria mine casts doubts
Peru’s economy and finance minister has raised further doubts about Southern Copper’s long-delayed $1.4 billion Tía Maria project in the southern province of Islay, Arequipa region, saying the proposed mine is ‘socially and politically’...