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Copper: price falls on stronger dollar and rising LME inventories
Copper prices fell on Tuesday in London under pressure from a stronger dollar and rising inventories, although positive signals from major metals consumer China kept losses in check. Three-month copper on the London Metal Exchange (LME) was down 0.48 per cent at 8,361...
Zinc and lead: Almina-Minas stops operations at Aljustrel
Almina-Minas do Alentejo will stop production of zinc and lead concentrates at its Aljustrel plant from 24 September until the second quarter of 2025 due to too low zinc prices. Profitability has become an issue for zinc producers in Europe, who face falling prices...
Steel: India imposes anti-dumping duty on China for 5 years
India has imposed an anti-dumping duty on certain Chinese steel for five years, according to a government notification. On 4 September, India's steel secretary Nagendra Nath Sinha said New Delhi was monitoring the steel import situation after the steel industry raised...
German metal production will decline further in 2024
The German Metalworkers' Association (VDMA) expects the sector's production to extend its decline next year, with a 2 per cent drop dragged down by weak domestic and international orders. The VDMA's production forecasts for 2023 predict a 2% decline, adding that...