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Steel: according to CISA, Chinese prices will remain stable
According to the latest monthly report from the China Iron & Steel Association (CISA), released on December 20, Chinese steel prices are expected to remain balanced for the time being due to weak supply and demand. Domestic steel demand may remain weak at the end...
Zinc: German recycler Befesa expands into China
Befesa is expanding its footprint in China, where steel recycling is expected to increase to help meet national carbon emission targets, creating an opportunity for the German recycler to recover zinc from steel waste. Zinc is used to galvanize steel, now mostly...
Copper: price rebounds as investors regain some risk appetite
The copper price rose Tuesday along with other industrial metals and oil, with investors, weighing the impact of the omicron coronavirus variant on economic growth, becoming a bit more bullish after two days of selling. Copper prices are still up about 20% in 2021,...
Lithium: Rio Tinto invests $850 million in a project in Argentina
Rio Tinto is expanding its lithium ambitions beyond the Jadar project in Serbia by agreeing to buy the Rincon project, located in the heart of the lithium triangle in Argentina's Salta province. The $825 million acquisition comes as analysts warn of an impending and...