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Copper: BHP and Antofagasta call for more dialogue on royalties in Chile
BHP and Antofagasta Minerals called Tuesday for more dialogue with the Chilean government to prevent a controversial copper mining royalty project from affecting competitiveness. "We respect the dialogue with the authorities," said Rag Udd, BHP's head of the Americas,...
Steel: the short-term outlook for Worldsteel
World Steel Association has published steel demand forecasts for 2023 and 2024. This year, demand will recover by 2.3 percent to 1,822.3 Mt. In 2024, steel demand is expected to grow by 1.7 percent to 1,854.0 Mt. The manufacturing sector is expected to lead the...
Aluminium: severe shortages will contribute to rising prices in Europe
Supply disruptions in China, the largest producer, due to hydropower problems mean that aluminium shortages will be severe this year, which is likely to offset slow demand growth and help support prices. Smelter closures in Europe due to high energy prices over the...
China: rising industrial production, crude steel production and coke production
In the January-March period of this year, the value-added industrial output of the ferrous metal smelting and rolling sector in China recorded a 5.9% year-on-year increase, as announced by China's National Bureau of Statistics (NBS). In March alone, the value-added...