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Copper: the market will remain strong in 2024: Aurubis’ word
A strong copper market, with solid demand for copper products, is expected to continue in 2024, the CEO of Aurubis AG, Europe's largest copper producer, said on Wednesday. Demand is expected to pick up thanks to the switch to renewable energy, Roland Harings said...
Copper: Marubeni reaches agreement on projects in Chile
Marubeni Corporation has reached an agreement with JX Metals Corporation to acquire an additional 3.27% interest in the Los Pelambres copper mine in the Republic of Chile and a 20.0% stake in Pan Pacific Copper Co. (PPC), owned by JX Metals. Los Pelambres, jointly...
Pig iron: the EU sets a quota for imports from Russia and extends the import period for slabs
The European Council announced that it had adopted a 12th sanctions package against Russia to combat sanctions circumvention and close loopholes. As a result, the EU restricted imports of pig iron with quotas for two separate periods, while market participants had...
Graphite: China approves first export permits after rule change
China's Ministry of Commerce said on Thursday it had approved a number of export permits for graphite, the first since the 1 December amendment to rules designed to protect national security. The ministry approved "several" applications from companies that meet the...