Codelco Seeks Approval for Partial Resumption of Operations at El Teniente
Chilean state-owned giant Codelco is working with national authorities to obtain authorization to restart some areas of its largest copper mine, El Teniente, following last week's serious accident that killed six workers and injured nine others. According to sources...
The Big Three Hit by Trump’s Tariffs Despite Strong Sales in 2025
The three major US automakers—Ford, General Motors (GM), and Stellantis—reported robust sales in the second quarter of 2025, but their balance sheets were hit hard by the 25% tariffs imposed by US President Donald Trump on imported vehicles and components. These...
Base Metal Prices Decline Widespread on the SHFE
In the morning session on Friday, August 8, all major base metals listed on the Shanghai Futures Exchange (SHFE) recorded declines, with nickel recording the sharpest decline. At 10:30 a.m. Shanghai time, prices for the most traded contracts for September delivery...
Italian Steel Market: Rebar Under Tension, Ingots Frozen Amid Uncertainties and Contradictions
The Italian steel industry is experiencing a two-way traffic during this final stretch of summer: on the one hand, the rebar market is showing signs of strengthening, driven by supply tensions; on the other, the ingot and forged products market remains anchored to...
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