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Delays for Chilean mining investments while the constitution is being rewritten
The world's leading copper industry in Chile will see a delay in investment for at least the next two years, while the country rewrites a constitution that has sustained almost three decades of mining growth in the South American nation. According to Diego Hernández,...
Overview Market Close – November 04, 2020
Americas Name Value Net Change % Change DOW JONES INDUS. AVG 27,847.66 +367.63 +1.34% S&P 500 INDEX 3,443.44 +74.28 +2.20% NASDAQ COMPOSITE 11,590.78 +430.21 +3.85% NYSE COMPOSITE INDEX 12,978.95 +101.50 +0.79% S&P/TSX COMPOSITE INDEX 15,998.74 +59.59 +0.37%...
Steel prices in China may still have some opportunities to rise
Chinese steel prices on the domestic market may still have room to rise by this month, as demand growth may outstrip supply growth. For November, weekly production of the five major finished steel products could fall further to 10 million tonnes/week with production...
China extends the ban on Australian copper imports
China has ordered traders to stop buying at least seven categories of Australian products, including coal, barley, copper ore and concentrate, sugar, timber, wine and lobster. Beijing and Canberra have been stuck in a geopolitical dispute since April, after Australia...