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Strong Growth in Iron and Scrap Exports from the US: Turkey and Bangladesh among the Top Recipients
Iron and scrap exports from the United States (US) recorded significant growth in August 2024, according to the latest data released by the US International Trade Commission. In August, the export volume reached 1,628,578 tonnes, marking a 28.1 per cent increase over...
Mining Stocks at Risk of Loss: The Impact of US Duties on Sector Valuations
Shares of major mining companies could suffer significant depreciation, with a loss of up to 20 per cent in their value, if US duties are imposed after the November 2024 presidential election. This is the worrying scenario outlined by JPMorgan Chase & Co., who...
Copper Production in Chile: Codelco Growing, Mixed Results for Other Major Producers
In August, Chile's mining sector showed mixed signals on copper production, with Codelco, Chile's state-owned mining company, leading the way in significant growth, while other major players in the sector reported mixed results. According to reports on Thursday from...
Aluminium Market: Russian Stocks Decline and Indian Stocks Rise in the LME in September 2024
According to data released on 10 October 2024 by the London Metal Exchange (LME), Russian-origin aluminium stocks in LME-approved warehouses declined slightly in September, down from 67 per cent in August to 66 per cent. At the same time, Indian-origin aluminium...