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Steel: robust exports and stable domestic demand keep production in China strong in 2023
Robust steel exports from China have emerged as one of the main factors supporting steel production, at a time when demand activity from the country's main steel consumer - the real estate sector - has been muted for most of this year. In addition to exports, a decent...
Crude steel: drop in production in Italy in August
As expected, crude steel production in Italy decreased in August. According to data published by the Italian Steel Producers' Association, the country's crude steel production increased by 9.2% year-on-year to around 820,000 tonnes in August this year. However,...
Copper: Southern Copper expects Peru’s production to reach 400,000 tonnes in 2023
Southern Copper, Peru's third-largest copper producer, saw its copper production drop to 342,000 tonnes last year, from just over 398,000 tonnes the year before, as operations at its Cuajone mine were paralysed by nearly two months of community protests. This year the...
Nickel: major miners in the Philippines could spend $2 billion on new facilities
The Philippines' two largest nickel producers plan to invest about $1bn each to build processing plants, top executives of the companies said, boosting the government's push to develop the Southeast Asian nation's downstream mining industry. Nickel Asia Corp. is...