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European steel industry facing unprecedented crisis: EUROFER’s appeal to EU leaders
The European steel industry is facing one of the most serious crises in decades, a situation comparable to that experienced during the 2009 financial and economic crisis. In an urgent appeal to the presidents of EU member states, the European Steel Association...
Saudi Arabia and copper: Manara Minerals in talks to acquire a stake in First Quantum’s mines in Zambia
Saudi Arabia is consolidating its position in the global mineral resources market with a strategic move that could have a significant impact on the metals sector, which is essential to the global energy transition. Saudi mining company Manara Minerals, a joint venture...
Aluminum production growth in China: an overview of September 2024 and future prospects
In September 2024, aluminum production in China increased by 1.45 percent year-on-year, a result in line with expectations from the Shanghai Metal Market (SMM). This increase was driven by the resumption of operations in Sichuan and Guizhou provinces after technical...
Iron ore price trends in Asia and the outlook for the fourth quarter 2024
In the last few months of 2024, iron ore prices in Asia could benefit from a slight relief, despite rising inventories at ports. This positive glimmer is mainly due to the economic stimulus released by the Chinese government towards the end of the third quarter, which...