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China’s finished steel demand will increase by 5% in 2020
Luo Tiejun, vice president of China Iron & Steel Association (CISA) said that demand for Chinese steel fell 30% year-on-year in the first quarter of 2020 due to the pandemic, as construction and production activities slowed substantially, but demand from...
September 2020 – Steel production
World steel production for the 64 countries of the World Steel Association (worldsteel) was 156.4 million tons (Mt) in September 2020, an increase of 2.9% compared to September 2019. Due to the continuing difficulties presented by the COVID-19 pandemic, many of this...
China’s new international copper contract coming soon
Next month, exactly November 19, China will launch a new international copper contract. The futures contract will be launched at the Shanghai International Energy Exchange (INE) as reported by the China Securities Regulatory Commission. While a Chinese copper contract...
MMG reports excellent results despite operational uncertainty
MMG expects to produce 305,000-315,000 tons of copper this year for the Las Bambas mine in Peru, while warning that "a high degree of operational uncertainty remains". MMG withdrew its 2020 production guide of 350,000-370,000 tons of copper concentrate for Las Bambas...