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Steel in Italy and Europe: Falling Prices, Weak Demand, and Regulatory Expectations
The Italian rebar market has experienced a further decline in the last week, with prices falling from the previous starting price of €280/t to a range between €260 and €270/t. According to market sources, the higher levels are applied only for small orders (up to 100...
Aluminum: Pressure for Export Tariffs on Scrap in Europe
European Aluminium, the association representing the entire aluminum supply chain on the continent, has urged the European Commission to introduce export tariffs of approximately 30% on aluminum scrap. The goal is to stem growing exports to the United States and Asia...
BHP and Lundin Mining Target Argentine Copper with $400 Million Investment
The joint venture between BHP and Lundin Mining, known as Vicuña Corp, has announced an investment of more than $400 million to develop a major copper project in Argentina, near the border with Chile. The goal is to transform the area into a new multi-billion dollar...
Anglo American and Codelco Create New Copper Mining District in Chile
Anglo American and Chilean state-owned Codelco have signed a landmark agreement for the joint management of their neighboring mines in central Chile. The agreement, which involves the Los Bronces mines (owned by Anglo American) and the Andina mine (owned by Codelco),...