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Antofagasta: Copper Production in Slight Growth but Below Expectations in 2024
Chilean mining giant Antofagasta announced a modest 1 percent increase in copper production for 2024, reaching 664,000 metric tons. However, this result falls short of company forecasts, which estimated production at between 670,000 and 710,000 metric tons. Despite...
SWB-Van Merksteijn Merger: A Turning Point for the European Steel Industry
The European steel industry could be in for a significant transformation thanks to a major merger deal. German steel and long products producer Südwest Beteiligungen (SWB) has announced its plans to merge its production and rolling capabilities with those of Dutch...
The LME Returns to Shine: The Rise of the Metals Market After the Nickel Crisis
The London Metal Exchange (LME), the world's historic hub for metals trading, has fully regained its momentum after the dramatic nickel crisis of 2022. In 2024, trading activity reached record levels, with average daily volumes of 664,698 lots, an 18.2% increase over...
Steel and Aluminium Scrap: A Heritage to Safeguard for Europe
The European Steel Association (EUROFER) and European Aluminium have launched a joint appeal to the European Commission to take rapid and concrete action against the increase of steel and aluminium scrap exports from the European Union. The statement emphasises the...