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Bauxite: Rusal looks at new opportunity in Sierra Leone
In a significant development for the global mining industry, Rusal is currently negotiating with the government of Sierra Leone on a potential concession for bauxite mining. The discussions, as reported by state news agency RIA on June 5, 2024, were confirmed by...
Steel: Traders Concerned about EU’s Extension of Safeguard Measures on Imports
The European Union's (EU's) recent proposal to extend safeguard measures on 26 categories of steel products until June 30, 2026 has caused concern among participants at the Eurometal Nordics event held this week in Oslo. In particular, many market participants...
India: Steel ministry opposes restricting imports of critical raw materials
At the heart of India's steel industry, a controversy has emerged regarding imports of metallurgical coke, a crucial ingredient in steel production. India's Steel Ministry, in an apparent blow against local producers, has strongly opposed a proposal to limit such...
Copper: Funds Maintain Confidence Despite Easing Contract Tightening
The copper market has recently experienced a period of turbulence, with the tightening of contracts at the CME now seemingly over. However, fund managers continue to maintain a bullish stance on both the US and London markets, signalling continued confidence in the...