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Copper: First Quantum reaches agreement with Panama mine union
The Panamanian unit of Canada's Stay updated with Commodity Evolution to follow the industrial market trends and much more. , averting a planned strike over profit-sharing and wage increases. The workers' union, Utramipa, had threatened on Thursday to stop work on...
HRC steel: negative macro data weighs on Northern Europe
Weak new orders in the manufacturing sector depresses sentiment and apparent demand in the Northern European steel market. According to data from the German Federal Statistical Office, new orders in the German manufacturing sector fell by 11.7% month-on-month and...
The drop in Chinese imports is weighing on construction and steel prices
In total, Chinese imports into the US fell 7.9% compared to August 2022, with buyers purchasing steel encouraged to sideline other sources outside China in case sourcing from the country of the dragon becomes impossible. China's economic recession and ongoing trade...
Pig iron: Brazil’s exports increased in August
Brazilian pig iron exports increased to 427,100 mt in August this year, up from 379,000 mt in the previous month. Shipments amounted to 367,400 tonnes at $445/mt FOB to the US, 55,400 tonnes at $477/mt FOB to the Netherlands, 3,300 tonnes at $459/mt FOB to Asia, 600...