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Steel: prices in China rise in March
In March this year, finished steel prices in China showed a general upward trend, although they started to show a weak trend, as announced by the China Iron and Steel Association (CISA). In the month under review, steel demand in the infrastructure and manufacturing...
Metal scrap: China will increase its use despite low steel production and challenges
Li Shubin, secretary of the party branch of the Chinese Scrap Metal Association (CAMU) announced that the scrap utilisation rate in China is very low at 20 per cent. In the global market, scrap utilisation rates were over 80 per cent in Turkey, around 70 per cent in...
Congo government and Chinese CMOC reach agreement on royalties
A royalties agreement has been reached between the Congo government and China's CMOC, paving the way for the resumption of mineral exports from the world's second largest cobalt mine. Copper and cobalt exports from Tenke Fungurume Mining (TFM) were suspended in July...
Copper: Anglo American production up 28% in Q1
Anglo American said on Tuesday that copper production increased by 28% in the first three months of the year to 178,100 tonnes, thanks mainly to the start-up of its new Quellaveco mine in Peru. Production from its Chilean operations, however, decreased by 15% during...