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Chinese steel prices end 2020 on the upside
Chinese steelmakers would not have predicted such a robust month of December, even though steel prices have emerged from a deep depression since last April and remained on an upward trend as economic and industrial activity recovered for the rest of the year. China's...
Turkish imported scrap prices fall to one-month low
Prices of imported scrap in Turkey have continued to fall for another week. Turkish buyers are continuously trying to reduce the prices of imported scrap. Few deals have been concluded recently from the Baltic region at a lower level. Traders are showing the urgency...
Chinese imports of Australian copper ore have plummeted to zero
Chinese imports of copper concentrate from Australia dried up completely in December, customs data showed, with monthly arrivals of zero for the first time in more than 16 years, as smelters shun Australian supply amid strained bilateral relations. This compares with...
Antofagasta’s expansion at Los Pelambres to cost $400 million more
Chilean miner Antofagasta revealed that the project to expand the Los Pelambres operation in its home country would cost $1.7bn, up from the initial estimate of $1.3bn, mainly due to the revision of marine works and the value of a desalination plant expansion....
Reducing demand to weaken Chinese steel prices
Reducing demand to weaken Chinese steel prices. Resta aggiornato per seguire i mercati industriali.