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Ukraine: mining and steel industries operate in ‘survival’ mode
According to Oleksand Kalenkov, president of the national steel producers' union Ukrmetallurgprom, the Ukrainian mining and steel industry is operating in 'survival' mode due to what happened after Russia invaded the country in February 2022. In early January, the...
HRC steel: rising prices
Northern European hot-rolled coil (HRC) prices have risen further as some large steel mills have withdrawn from the market and others have increased their prices. The largest European producers have withdrawn from the market and are expected to return close to EUR...
Zinc: LME stocks fall to lowest since 1989
London Metal Exchange zinc stocks fell to their lowest level in more than three decades, but rising inventories and tepid demand from China, the metal's main consumer, are helping to dampen fears of a potential shortage. The closure of some European zinc smelters this...
Copper: Antofagasta’s 2022 production down 10 per cent
Chilean mining company Antofagasta on Wednesday reported a 10.4 per cent drop in copper production for 2022, due to lower ore quality and the drought in Chile. The London-based company said it produced 646,200 tonnes of copper last year, lower than its forecast of...